Oracle

Each reserve within Tydro is associated with an oracle contract. These contracts report the market price of assets in the protocol, which is essential for determining collateral requirements and enabling secure borrowing and liquidation processes.

Tydro has partnered with Chaos Labs to power Oracles, with price data submitted automatically by predefined oracle contracts. Updates are triggered according to predefined logic, such as time-based intervals or deviation thresholds.

Types of Oracles in Use

Edge Price Feeds

Decentralised Edge oracles by Chaos Labs, deliver reliable and tamper-resistant price data. These feeds aggregate prices from multiple off-chain sources to minimise manipulation and improve accuracy.

Correlated Asset Price Oracle (CAPO)

Designed for assets strongly tied to other token prices - such as wrapped assets - CAPO mirrors the price of an underlying asset using logic that tracks and adjusts based on correlation. This enables efficient pricing for derivative tokens.

Tydro relies on these oracle systems to ensure consistent, decentralised, and secure pricing across all supported markets.