9. Pricing & Oracle Mechanics

The Protocol determines indicative pricing using built-in oracle adapters that aggregate rates from selected exchanges and P2P venues into a median/TWAP with fallbacks. These oracles analyze price data from a variety of both centralized and P2P exchanges to determine the trading price for the stablecoin-fiat pair in question.

Parameters: source set, staleness bounds, deviation thresholds, and circuit breakers. Quotes carry an expiry to limit exposure; if the oracle fails or exceeds deviation limits, orders pause or re-quote.

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