Price not matching between interfaces

REAL PRICE
Screenshot_20200831-002704
INCOGNITO PDEX
Screenshot_20200831-002603
PRV PRICE
Screenshot_20200831-001708
Screenshot_20200831-001643
Staking rewards price
Screenshot_20200831-001527
BTC / PRV pair
Screenshot_20200831-004058
Screenshot_20200831-004028
Do we need some kind of oracle for that?

3 Likes

No, the price on Incognito is independent. Normally exchanges balance out the price through buy and sell orders. Incognito uses an AMM (Automated Marketing Making) algorithm, which is a little different. Also, when there are price differences, there is also an arbitrage opportunity. People can make money by bringing the price to market value.

Also to get the real PRV price, I recommend using incscan.io. You can also find all the market prices on that site as well.

4 Likes

I would love for this to be true…pdex is showing some terrible fees or slippage on everything I’m pricing in it. Also, what are you showing a screenshot of that is the “real price”? Wouldn’t the real price be the pdex price?

2 Likes

For now the only real price is on incscan.io

Where does incscan.io get the price from? Maybe that’s one reason why Coinmarketcap, coingecko, and the link won’t list us?

Revolve answered to this HERE