When you trade contracts on Orderly, do you know who is feeding you the prices? It's @PythNetwork!

This is not randomly selected by the oracle, but rather the kind of accuracy that can provide you with speed, precision, and stability. Now on-chain transactions are getting closer to CEX, and it relies on such details behind it:

※ Reliable feeding price is Pyth's matter.
Fast matching is what Orderly does.

The combination of both ensures that one won't be wiped out by slippage when going long or get liquidated due to oracle fluctuations.

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Why is it so important?

Many people create strategies, engage in arbitrage, or even work as agents, without paying much attention to the small matter of price. In fact, the impact is quite significant!

A price difference of 0.1% means that under high leverage, it can lead to issues with clearing positions; a slow price update gives robots an opportunity to take advantage. Orderly using Pyth is taking this to the extreme!

Pyth essentially brings institutional quotes onto the blockchain, making them accessible to everyone without the need to purchase expensive data services.
This is friendly for devs and quants! Now with Orderly's DEX, you can directly use Pyth price feeds, and there are no barriers to cross-chain usage. It's not vague predictions, but details close to a real order book!

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Summary

Orderly is the engine, Pyth is the oil.

There is no fixed price; Orderly cannot run far even if it is fast.
Without Pyth, no one dares to take a position even if Orderly matches beautifully 🙈

If you've made transactions on-chain, you should be able to appreciate the feeling that details determine trust. Don't let oracles be the biggest uncertainty in your strategy! Use Orderly and worry no more!

#KaitoYap @KaitoAI @OrderlyNetwork @0xArjun @ranyi1115 # Yap $ORDER