Tangent
  • Welcome to Tangent
  • General Information
    • Protocol Overview
  • SPOT MARKET
    • Understanding the Spot Market
    • Perpetual Market Orders
    • Limit Orders
    • Multi swaps
  • ORACLES & PRICING ENGINE
    • Pricing Engine
    • Volatile assets
    • Stablecoins
    • Fees
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  1. ORACLES & PRICING ENGINE

Pricing Engine

PreviousMulti swapsNextVolatile assets

Last updated 1 year ago

As previously stated, Tangent leverages the lag between two of the Oracles that are embedded in a Curve liquidity pool as a way to artificially generate arbitrage opportunities, to incentivize order executions while still ensuring a fair pricing for both sides.

When an order (PMO or LO) is executed by a third party, both Oracles are used to fetch prices and process the trade. The price of token_Out (token sold) is fetched using one Oracle, while the price of token_In (token used by the taker) is fetched using the other one. In the case where a stablecoin is involved within the transaction, please refer to the section. All prices are computed on a dollar basis.

This section will be updated with a full breakdown of the Pricing Engine design, as Tangent's launch will get closer.

We decided not to share all details yet to protect the technology behind this product.

Stablecoins