When you trade contracts on Orderly, do you know who feeds you the prices? It's @PythNetwork!
This isn't randomly picked from oracles, but rather the kind of accuracy that can provide you with speed, precision, and stability. As on-chain trading gets closer to CEX, it's these details that matter:
※ Reliable price feeds are Pyth's responsibility
※ Fast matching is Orderly's responsibility
Only with the combination of both can you avoid getting wrecked by slippage when going long or getting liquidated due to oracle issues.
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Why is this so important?
Many people working on strategies, arbitrage, or even agents, often overlook the small matter of price. But the impact is significant!
A price difference of 0.1% can mean the difference between getting liquidated or not under high leverage; a price update lagging behind gives bots an opportunity to exploit. Orderly using Pyth takes this to the extreme!
Pyth essentially brings institutional quotes on-chain for everyone to use, without the need to purchase expensive data services. This is friendly for developers and quants! Now, DEXs connected to Orderly can directly utilize Pyth's price feeds, and there are no barriers to cross-chain use. It's not vague oracles; it's the kind of detail that approaches real order books!
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In summary
Orderly is the engine, Pyth is the fuel.
Without accurate prices, Orderly can't go far no matter how fast it is;
Without Pyth, no one dares to take positions even if Orderly's matching is impressive 🙈
If you've traded on-chain, you should understand how these details determine trust. Don't let oracles be the biggest uncertainty in your strategy! Use Orderly, and trade without worries!
#KaitoYap @KaitoAI @OrderlyNetwork @0xArjun @ranyi1115 #Yap $ORDER
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