Oracles

In order to help safeguard money market activities on Segment, we integrated accurate, reliable, and high-frequency price feeds.

For the BNB Ecosystem we are using Chainlink and Binance Oracles price feeds, the leading data providers in the industry. This integration allows us to precisely monitor asset values and initiate liquidations as necessary.

As we recently expanded further within the BTCFi Ecosystem, we integrated RedStone, DIA, API3 and Umbrella oracles to acquire accurate, reliable, and high-frequency price feeds for our markets.

RedStone is a Modular Oracle that delivers frequently updated, reliable, and diverse data feeds in a few models. Segment utilizes Classic model which ensures that data is pushed into on-chain storage via a relayer with set conditions. (Heartbeat and deviation threshold)

DIA oracles provide accurate, tamper-proof pricing data sourced at granular, trade level directly from multiple CEXs and DEXs. DIA’s transparent first-party oracle architecture minimizes risks of manipulation, ensuring that the collateral assets are valued accurately and liquidation thresholds managed effectively.

The API3 Market provides tooling for dApp owners to access decentralized price feeds, known as dAPIs which are on-chain data feeds sourced from off-chain first-party oracles owned and operated by API providers themselves. Data feeds are continuously updated by first-party oracles using signed data. dApp owners can read the on-chain value of any dAPI in realtime.