💵Entry Price, Index Price, Oracle Price

FRX utilizes three (3) different prices: Entry Price, Index Price, and Oracle Price.

Entry Price

This refers to the possible order price at which a contract can be executed at a real-time and is reflected on the liquidity pool. Traders will have their orders executed based on the entry price as shown on the platform.

Index Price

Index Price is the sum of prices pulled from multiple crypto spot exchanges, then calculated based on weighted average. It is used to derive funding fees.

Oracle Price

Oracle Price is pulled from numerous external and independent data aggregators and used to calculate your margin and liquidation price. The estimated liquidation price is influenced by your leverage and margin. If the Oracle Price reaches the liquidation price, your position will go through forced liquidation.