As ApeX Pro continues to deliver solutions to existing challenges in trading on decentralized exchanges (DEXs), we’re thrilled to announce the creation and integration of Stork’s decentralized off and on-chain price feeds for leveraged products with a new custom asset — mark price.
When we think of DEXs, we often think about transparency, security and privacy that comes at the expense of efficient usability that traders are used to seeing on centralized exchanges (CEXs). And zooming in on price feeds, DEXs are often plagued with lagging updates, expensive data costs, and lacking real-time prices across all available assets offered on the platform.
With Stork, traders can now access price data on all available assets on ApeX Pro with pinpoint accuracy, powered by Stork’s STARK and EVM-chain compatible oracle network service comprising a decentralized publishers network and an off-chain high frequency oracle.
Mark price, which calculates the value of a contract based on an underlying index, is presented with this price feed so traders can enjoy trading perpetual contracts at reduced risks from market volatility and unnecessary forced liquidations. With this price feed, ApeX Pro is able to offer superior trading and liquidity to its traders.
Price updates are now:
Happening on ApeX Pro during high volatility
Pulled from a decentralized pool of trusted market data publishers Validated both on-chain and off-chain to ensure accuracy in prices
Pushed to ApeX Pro at the lowest costs possible
For more details on how Stork’s oracle hybrid architecture works, check out Stork’s documentation here.
Capture every second’s worth of trades on ApeX Pro today.