Sui Foundation and Oracle Stork Raise the Standard for Blockchain Trading

• Strategic alliance between Sui Foundation and Oracle Stork strengthens efficiency and accuracy in blockchain operations.
• Oracle Stork excels with ultra-fast pricing updates and the introduction of branded pricing, innovating the market.

The strategic alliance between Sui Foundation and Oracle Stork marks a milestone in the blockchain landscape, focused on boosting speed and access to crucial data for traders and developers in the Sui ecosystem.

Oracle Stork, designed for ultra-low latency trading operations, becomes a key partner by providing real-time price data to key players such as application developers, decentralized exchanges (DEXs) and lending protocols on the Sui network.

What makes Oracle Stork stand out is its ability to deliver price updates from more than 80 sources in milliseconds, significantly outperforming the speed of other decentralized oracles in the market.

This collaboration has considerable strategic value for trading venues, enabling them to more accurately manage their perpetual swaps and options books. Stork’s real-time data delivery plays a critical role in reducing the risk associated with settlements, especially in situations where client positions are under-collateralized.

Oracle Stork’s introduction of branded pricing adds an additional layer of innovation, with this being a standout feature, particularly for DEXs. These branded prices, essential in the derivatives trading that dominates the crypto market, represent the “real” value of a contract .

Stork’s contribution with these mark-to-market prices not only enhances market stability, but also balances and smoothes out abnormal price fluctuations, especially in times of high volatility.

This collaboration not only drives efficiency and accuracy in Sui’s blockchain ecosystem, but also provides traders and developers with advanced tools to excel in various financial activities .

The partnership between the Sui Foundation and Oracle Stork stands as an example of how strategic collaborations can significantly transform and enhance the experience of participants in the blockchain technology sector.

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