Key Takeaways:
Oracle provider Stork has launched a new 24/7 price feed for eight tokenized real-world assets, sourcing data from perpetual futures markets to provide continuous price discovery after traditional markets close.
“Price discovery is now taking place during nights and weekends, and we’re seeing demand from both the institutional and the crypto-native sides of our business,” Meredith Pitkoff, CEO and Founder of Stork, said in a statement.
The new oracle methodology will initially cover four commodities (gold, silver, WTI, Brent) and four equities (Tesla, Circle, Nvidia, MicroStrategy). Prices will be sourced from trading activity on exchanges including Binance, Bitget, Hyperliquid, Lighter, and OKX, which collectively traded over half a trillion dollars on these assets in the last 90 days.
The move aims to solve a core problem for decentralized finance (DeFi) protocols that use real-world assets (RWAs): a lack of reliable, manipulation-resistant pricing when the underlying stock and commodity markets are not trading. By creating a feed from 24/7 crypto derivatives markets, Stork enables DeFi applications to maintain operations and manage risk around the clock.
Founded in 2022, Stork is the leading oracle for onchain perpetual futures markets and is backed by investors including Lightspeed Faction, Lattice, CMS, and Wintermute. The firm says its new methodology gives subscribers customizable oracle feeds, allowing them to adjust for responsiveness to overnight and weekend order book activity.
This article is for informational purposes only and does not constitute investment advice.
