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Feed Stability & Risks

Last Updated

Stability and risk data is updated every ~2 weeks. The metrics below reflect the most recent reporting window.

FTSOv2 block-latency feeds are continuously monitored for accuracy and stability. This page defines how the feed stability metrics are calculated and provides the latest analytics data for all block-latency feeds.

Feed Stability Metrics

Feed stability is the percentage of observations where a block-latency feed stays within a specified deviation band of a reference price. This metric helps users understand the reliability and accuracy of each feed over time.

Metric definition

Stability is calculated by comparing on-chain data against external reference sources (such as aggregated CEX prices) at specific observation times (t).

  • Onchain Price (P_onchain): The price delivered by FTSOv2 Fast Updates.
  • Reference Price (P_ref): The benchmark price from external sources.
  • Deviation: Calculated as the absolute percentage difference deviation(t) = abs(P_onchain(t) - P_ref(t)) / P_ref(t)

Stability is tracked against a 0.2% deviation band, which is the primary metric displayed in the analytics table below.

Calculation methodology

For a specific feed and deviation band B:

  1. Collect time-aligned observations of (P_onchain(t), P_ref(t)) over the reporting window.
  2. Mark each observation as “in band” if deviation(t) <= B.
  3. Compute stability as: stability(B) = (in_band_observations / total_observations) * 100
info

Stability measures frequency (how often the price is accurate). It does not measure the magnitude of the error when the price is inaccurate.

Interpreting stability scores

Stability RangeStatusDescription
≥99%🟢 ExcellentFeed maintains exceptional accuracy relative to reference.
97-99%🟢 GoodFeed demonstrates strong accuracy with minimal deviation.
94-97%🟡 ModerateFeed shows acceptable accuracy but may experience occasional deviations.
80-94%🔴 LowFeed experiences notable deviations; consider additional validation.
<80%⚫ Very LowFeed shows significant instability; exercise caution when using.

Risk Classification

Feeds are categorized into risk levels based on their underlying market integrity.

Assignment Logic: This is a waterfall classification system. To qualify for a lower risk tier (e.g., Low Risk), a feed must meet all criteria in that column. If it fails even one criterion, it falls to the next risk level.

Aspect🟢 Low Risk🟡 Medium Risk🔴 High Risk
Intrinsic VolatilityLow, stable price trendsModerate price fluctuationsHigh, frequent price swings
Liquidity VariationAbundant and consistentSufficient but variableLimited and inconsistent
Liquidity ConcentrationBroad and well-distributed across venuesSomewhat concentratedHighly concentrated in a few sources
Asset Spread RiskTight spreads, minimal bid-ask gapsModerate spreads, acceptable bid-ask gapsWide spreads, significant bid-ask gaps
Cross Rate RiskLow correlation, direct pricing availableModerate correlation, indirect pricing usedHigh correlation, dependent on multiple intermediaries

Other risk categories:

  • New Feed New tokens lack historical data for proper risk assessment and stable price discovery. Users must recognize these assets carry higher volatility risks and verify feed reliability independently. After a monitoring period, feeds will be assigned risk levels or potentially discontinued.

Each feed undergoes a rigorous assessment process prior to deployment. The evaluation criteria may vary depending on the specific type of feed being implemented and can evolve over time as our understanding of market integrity risks improves.

note

Risk assessments are conducted prior to deployment and may be updated as market conditions or liquidity profiles change.

Current Feed Stability

The table below displays latest stability metrics for all FTSOv2 block-latency feeds.

  • Stability: Percentage of observations within 0.2% of the reference price.
  • Status: Based on the stability interpretation table above.
FeedStability (0.2%)StatusRisk
USDC/USD99.95%🟢🟢
USDT/USD99.95%🟢🟢
USDX/USD99.94%🟢🟢
TRX/USD99.81%🟢🟢
BTC/USD99.77%🟢🟢
BNB/USD99.71%🟢🟢
PAXG/USD99.70%🟢🟢
ETH/USD99.55%🟢🟢
ATOM/USD99.48%🟢🟡
SHIB/USD99.45%🟢🟡
ETC/USD99.41%🟢🟢
LTC/USD99.34%🟢🟡
DOT/USD99.31%🟢🟡
LINK/USD99.31%🟢🟢
SOL/USD99.31%🟢🟢
AVAX/USD99.30%🟢🟢
TON/USD99.29%🟢🟢
XRP/USD99.26%🟢🟢
BCH/USD99.25%🟢🟢
XLM/USD99.17%🟢🟢
DOGE/USD99.14%🟢🟢
AAVE/USD99.09%🟢🟢
ADA/USD99.06%🟢🟢
HBAR/USD98.99%🟢🟡
APT/USD98.98%🟢🟢
NEAR/USD98.98%🟢🟢
OP/USD98.98%🟢🟡
ALGO/USD98.96%🟢🟡
ONDO/USD98.96%🟢🟡
POL/USD98.95%🟢🟢
UNI/USD98.88%🟢🟡
SUI/USD98.87%🟢🟢
QNT/USD98.85%🟢🟡
XDC/USD98.84%🟢🟢
USDS/USD98.78%🟢🟡
JUP/USD98.68%🟢🟢
ARB/USD98.67%🟢🟡
TRUMP/USD98.64%🟢🟢
FIL/USD98.60%🟢🟡
RENDER/USD98.46%🟢🟢
PYTH/USD98.38%🟢🟡
PEPE/USD98.37%🟢🟢
ICP/USD98.31%🟢🟡
TAO/USD98.24%🟢🟡
S/USD97.63%🟢🟡
FLR/USD97.58%🟢🟢
ETHFI/USD97.56%🟢🔴
BONK/USD97.42%🟢🟡
ENA/USD97.34%🟢🟢
HYPE/USD97.10%🟢🟢
WIF/USD96.85%🟡🔴
BERA/USD96.83%🟡🔴
FET/USD96.72%🟡🟡
PENGU/USD96.02%🟡🟢
RUNE/USD95.55%🟡🟡
MON/USD95.42%🟡🟡
XPL/USD95.27%🟡🟡
PUMP/USD94.74%🟡🟢
HNT/USD94.54%🟡🟡
NOT/USD94.24%🟡🔴
LEO/USD80.56%🔴🔴
SGB/USD77.25%🟡
JOULE/USD62.15%