Stork Launches 24/7 Oracle for Continuous Price Discovery via Perpetual Futures
Stork Launches 24/7 Oracle for Continuous Price Discovery via Perpetual Futures
Stork has introduced a new 24/7 oracle solution designed to provide continuous price discovery for various assets, including traditional markets like stocks and gold. The system achieves its always-on functionality by dynamically switching to perpetual futures markets, leveraging data from major platforms such as Binance.
Stork Introduces Innovative 24/7 Oracle for Real-Time Price Discovery
In a significant development for market data infrastructure, Stork has unveiled what it describes as the first 'true' 24/7 oracle. This innovative platform is engineered to deliver continuous price discovery, specifically targeting markets such as stocks and gold. The core mechanism behind Stork's uninterrupted operation involves its ability to tap into perpetual futures markets. By integrating with these markets, including those offered by prominent exchanges like Binance, Stork aims to provide real-time, round-the-clock price updates, ensuring constant access to current market valuations.