Glossary · Infrastructure

What is Price feed?

A price feed is the stream of prices that a tokenized asset, a checkout, or a settlement policy listens to. For a tokenized stock it is the program's own source for the underlying's price; for a checkout it is the FX or market table that converts an invoice currency into the asset being paid.

Feeds fail in two directions: stale (the price was right an hour ago) and thin (the price comes from a pool too small to absorb size). Robust systems name their feed per asset kind - market feeds for market assets, FX tables for pegs - instead of pretending one source fits both.

Price feed on U.CASH

U.CASH prices each asset from the feed appropriate to its kind: on-chain markets for crypto, issuer feeds for tokenized equities, and fiat FX tables for stablecoin pricing. Asset and rail pages state which is in use.

See also

OracleStablecoin peg family

Price feed: FAQ

What happens if a price feed is wrong?
The checkout shows the wrong conversion until the feed corrects. That is why feed choice is disclosed per asset kind, and why thin pools are not used to price payments - a dislocation should show up as a visible price, never as a hidden fill.
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The glossary, A to Z

Every term behind the rails, the assets, and the settlement.