Price Oracle

Price oracles are data feeds that provide a reliable reference price for a perp asset. Combined with funding rates, they serve to align the perp price with the reference price of the asset.

Ventuals constructs and publishes oracle prices for each asset using an equal 50/50 weighting of:

1. An external valuation estimate based on industry-leading offchain data sources

2. The 8 hour EMA of the last day's minutely mark prices (Hyperps model)

The offchain data sources incorporate a variety of inputs, such as: official fundraising announcements, secondary transactions, secondary bids and offers, mutual fund marks, and 409A valuations.