Oracles and Price | Integral TWAP
This blog post explains the working mechanism of Integral TWAP's oracle.
Integral is a new DeFi primitive that efficiently executes large orders. It is the only such primitive with a functional product to date and is poised to capture the exact segment of large client trading volume for DeFi.
Integral offers the best price on a $1 million trade 97% of the time.
*Compared to Binance
Integral creates a highly liquidity-rich environment by mirroring order-book and AMM from some of the best centralized and decentralized exchanges, and executes orders accordingly to an oracle’s average price over a period of time. The result? Best price and nearly 0% price impact.
* We randomly sampled quotes from various aggregators’ APIs over a 24-hour window on July 23rd 2021 and ranked them according to who has the best quote. The numbers could add up to more than 100% due to ties. These quotes include spot price, price impact, spread, and protocol fees. Here, we show results for trade size of $1,000,000. We show the results for other trade sizes and more configurations on this page.
Fintech apps will be the frontends of DeFi. They will route trading flows to the deepest liquidity pools.
By unifying global liquidity from both DeFi (Multi-chain, L2s) and CeFi (Binance, NASDAQ), Integral will offer the deepest liquidity as the go- to backend of global consumer finance.
DeFi is our generation’s chance to re-cast the financial industry on our own terms. While Wall Street represents reaction, we represent progress.
Integral is, at its core, a collective effort to make DeFi better. With our technology and token, DeFi can start to surpass Wall Street through higher efficiency and greater justice.
All-time-high Total Value Locked
dApp that received the most donation in GR9
Total trading volume after 1month of full-scale launch
Donation we gave back to other dApp in GR9
The Integral protocol token, ITGR (pronounced "it-girl"), is expected to circulate on September 15th, 2021. The initial distribution is expected to take place on Uniswap and one or more leading exchanges.
“Whenever another exchange tries to beat us with better liquidity, we mirror this liquidity onto ourselves.” Investors have poured $239 million into the platform on launch day.
There’s a new automated market maker (AMM) on the block, and it has the infrastructure to shake things up in DeFi. The protocol’s tech, which allows the decentralized exchange to feast on the liquidity of other exchanges, is uniquely advantageous for liquidity providers (LPs), so now the race is on to see how many users the project can win over.
Professor JEY sat down with Dylan Love to talk about Integral's mission, value, and product roadmap.