Sui Foundation Teams Up with Stork to Enhance Real-Time Pricing Data for Traders and Builders
The Sui Foundation, the organization responsible for the Sui blockchain, which has a valuation of $2 billion, has partnered with Stork, an off-chain data feed oracle. The collaboration aims to provide real-time pricing data to app developers, DEXs, and lending protocols building on Sui's blockchain. Stork claims to outpace other decentralized oracles by publishing updates for more than 80 price feeds in milliseconds. The oracle will offer mark prices, which are important for derivatives trading, as they balance and smoothen out abnormal price fluctuations during times of high volatility.
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