Oracles

Oracles

Hyperdrive relies on USD price feeds from Oracles in order to determine an accounts borrowing limit. Hyperdrive uses a mix of different Oracle's depending on the market and the collateral.

Hyperdrive uses the industry standard decentralized oracles Chainlink as it's oracle for the Primary markets.

Market Definitions

Primary USDT Market

Collateral	Oracle	Comments
HYPE	Chainlink
UBTC	Chainlink
UETH	Chainlink
USOL	Chainlink
kHYPE	Chainlink	Utilizes the redemption rate combined with the HYPE market price.

Primary USDC Market

Collateral	Oracle	Comments
HYPE	Chainlink
UBTC	Chainlink
UETH	Chainlink
USOL	Chainlink

Primary USDe Market

Collateral	Oracle	Comments
HYPE	Chainlink
UBTC	Chainlink
UETH	Chainlink

Primary USDH Market

Collateral	Oracle	Comments
HYPE	Pyth
UBTC	Pyth
UETH	Pyth
USOL	Pyth

Pioneer USDT Market

Collateral	Oracle	Comments
hbUSDT	Pyth
hwHLP	Pyth
wHLP	Pyth

Treasury USDT Market

Collateral	Oracle	Comments
thBILL	Pyth

Culture USDC Market

Collateral	Oracle	Comments
APE	Pyth

LST Market

Collateral	Oracle	Comments
HYPED	Redemption Rate
stHYPE	Redemption Rate
kHYPE	Redemption Rate
ptKHYPE	Custom	Linear discount on the PT Price