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Hana Finance
  • Introducing Hana Finance
    • Decentralized Money Market
    • Built on Taiko
    • FAQ
  • Our Platform
    • Supplying Assets
      • Deposits
      • Withdrawal
    • Borrowing Assets
      • Deposit Collateral
      • Borrow
      • Health Factor
      • Loan Repayment
    • Interest Rate Model
      • Supplying
      • Borrowing
    • Liquidations
  • Key Parameters
    • Market Parameters
    • Supply/Borrow Caps
  • Testnet
    • Hana Testnet
    • Faucet
    • Bridging Guide
      • Testnet Bridge
      • Mainnet Bridge
  • Token Economics
    • $HANA
  • Contracts and Security
    • Contracts
    • Price Oracle
  • Others
    • Legal Disclaimer
  • Links
    • Twitter
    • Discord
    • Galxe
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  1. Contracts and Security

Price Oracle

Hana Finance relies on 3rd Party oracles (API3 & Pyth) to get the price data for different assets. A price oracle is necessary for obtaining current and precise price information for digital assets and financial products. These oracles allow our smart contracts to make decisions based on up-to-date market conditions, like setting collateral values, interest rates, and initiating liquidation events.

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Last updated 10 months ago