Real World Assets (RWA)
The Spot Oracle Price for RWA assets is calculated as a weighted median of prices from different sources. The weight assigned to each source is proportional to its score relative to the total score of all available feeds.
Supported asset classes
Paradex currently supports precious metals assets. More RWA asset classes will be introduced soon.
Market hours
Precious metals markets are open 23/5, from Sunday 6:00 PM ET to Friday 5:00 PM ET, with a daily maintenance break from 5:00 PM to 6:00 PM ET.
Source scores
Source scores determine their contribution to the weighted median. Note that the price consumed from external exchanges (Binance, Hyperliquid, OKX, Lighter) is the index price of the RWA perpetual.
Closing Price and Internal Price definitions
- Closing Price is equal to the oracle price at the market closing time.
- Internal Price is the EMA of the Mark Price with a 1-hour half-life. At the start of the closing period, the Internal Price is initialized to the Closing Price.
Source weights by market state
Open hours
Closing hours
During open hours, only sources available during open hours contribute to the weighted median.