Unlimited Leverage
TwitterDiscordTelegram
  • ๐Ÿฆ | Welcome
  • Start Trading
    • ๐Ÿ’ณ |ย Creating a Wallet
    • โ›“๏ธ | Arbitrum Guide
      • Connecting to Arbitrum
      • How to bridge tokens to Arbitrum
      • Add Tokens
    • ๐ŸŽฐ | Unlimited Leverage Guide
      • Know your Risks
      • Connect Wallet
      • Slippage and TX Log
      • Pairs and Collateral
      • Creating a Trade
        • Long
        • Short
        • Market
        • Limit
        • Collateral
        • Leverage
        • Figures for Approval
      • Providing Liquidity
        • Depositing
        • Withdrawing
        • Current Positions
      • Generating a Referral Link
      • Positions
        • Edit Position
        • Take Profit / Stop Loss
        • Close Position
        • Share Position
      • Orders
      • Trades
      • Global Trade History
      • Backup RPC URLs
  • Protocol
    • ๐Ÿงฌ | Fundamentals
    • ๐Ÿ’ฑ | Trading
      • Assets
      • Trade Size
      • Fees
      • Liquidation
    • ๐ŸŒŠ | Liquidity Pools
      • Pools
      • Lock-up Periods
    • ๐Ÿงฟ | Oracle System
    • ๐Ÿ† | Leaderboard
    • ๐Ÿ‘ฅ | Referrals
  • Developers
    • ๐Ÿค– | API
    • ๐Ÿ“œ | Smart Contracts
    • ๐Ÿค | White Label Solution
    • ๐Ÿ’ธ | Grants
    • ๐Ÿ› | Bug Bounty
  • References
    • โ“ | FAQ
    • ๐Ÿ›ก๏ธ | Audits
    • ๐ŸŽจ | Media Kit
    • ๐Ÿช™ | UWU Token
Powered by GitBook
On this page
  1. Protocol

๐Ÿงฟ | Oracle System

PreviousLock-up PeriodsNext๐Ÿ† | Leaderboard

Last updated 2 years ago

In order to provide up-to-date, accurate, and safe price information to the Unlimited Leverage platform, a system of Oracles and smart contracts is utilized to ensure the information you see is accurate and not subject to deliberate external manipulation.

The oracle system functions by gathering data from two separate Oracle sources:

  1. The primary and preferred data source consists of an offchain bespoke pricing oracle created for Unlimited Leverage. This system aggregates trade pair prices from various exchanges in order to determine an average pricing.

  2. The second data source is taken from , a well-established and trusted provider of oracle data in the ecosystem.

The oracle system then compares the prices taken from Chainlink against the primary bespoke data, and if prices fall outside the accepted deviation parameter, then the transaction will revert.

Chainlink