Oracles & Pricing

Collateral and loan value in MORE Markets is not only a security measure but also a dynamic component of the lending process. When a loan is issued, the collateral value is continuously monitored through a pricing oracle in real time. This monitoring is crucial for maintaining the necessary balance between the loan value and the collateral value, ensuring that the LTV ratios remain within contractual limits.

Oracles are the primary method for querying a price feed from an external source. They provide frequent and accurate pricing, taking into account many data points and diverse feeds.

While MORE Markets is technically Oracle-agnostic, Pyth oracles are made available by default. The Pyth scheduler adapter pushes prices at a high frequency ensuring real-time accurate pricing of the collateral and loan assets in a market.