VERIFIABLE PRICING INFRASTRUCTURE
A price should arrive
with its argument.
Hybrid-Chain turns venue observations into normalized, deterministic, subscribable market feeds—and retains enough signed evidence to reconstruct why every published value existed.
COMPOSITE · SIGNED
BTC/USD
— USDWaiting for the latest canonical recordTHE PRICE LIFECYCLE
From market event
to defensible truth.
The delivery path stays fast while the evidence path stays complete. Operational subscribers receive the stream; auditors and counterparties receive a public-safe record of the decision.
Venue-native bid, ask, last, symbol, and exchange timestamps enter through registered adapters.
Provider symbols and payloads become one instrument contract without erasing their origin.
Freshness, quorum, deviation, weighting, and failover policy determine the canonical output.
Private WebSocket contracts support signed cursors, retained replay, and metered delivery.
The public record preserves contributors, exclusions, policy, payload hash, signature, and chain link.
COMPOSITE POLICY
Define your own
market truth.
Select the venues and instrument, then fix the exact rules that turn observations into an output. Every policy becomes a durable contract rather than a dashboard preference.
- Freshness and staleness windows
- Minimum source quorum
- Maximum deviation boundaries
- Weighted-median aggregation
- Strict or controlled failover
THREE EVIDENCE CLASSES
Know what the number
actually represents.
Observed market data, composite reference values, and transaction-bound settlement prices have different meanings. Hybrid-Chain labels and proves each one explicitly.
What one venue emitted.
A normalized direct observation preserves the provider, native symbol, market timestamps, and exact quoted values.
Inspect observed records ↗What the policy decided.
A deterministic aggregate preserves every accepted and excluded contributor together with its applied rule set.
Inspect composite records ↗What a transaction relied on.
A value can be pinned to the exact trade, product, collateral, or settlement decision that consumed it.
Inspect settlement records ↗DURABLE DELIVERY
Subscribe once.
Resume without losing context.
Delivery contracts are vault-scoped, multi-feed, replayable, and usage-metered. Signed cursors let applications resume after a disconnect while explicit recovery states distinguish automatic replay from a genuine audit boundary.
{
"schema": "hybrid.price.v1",
"instrument": "BTC/USD",
"sequence": 178442901,
"prices": {
"bid": "67841.80",
"ask": "67842.40",
"mid": "67842.10"
},
"quality": {
"state": "INTACT",
"sources": 4
},
"price_evidence_uuid": "…",
"signed_cursor": "…"
}WHERE IT FITS
One feed engine.
Many operating models.
Every venue, aggregate, cursor, and policy decision retained. Use the reference feeds directly, configure private composites, or bind an exact price to another Hybrid-Chain product.
Run execution and risk logic against resumable, multi-source market data.
Prove the exact reference value used for NAV, collateral, accounting, or reporting.
Bind quotes and lifecycle decisions to independently replayable market observations.
Publish deterministic outputs without turning aggregation into a black box.
Resolve what each venue emitted, which sources qualified, and why an output was published.
Give models and workflows a signed input record instead of an unverifiable data point.
EVERY PRICE · EVERY CONTRIBUTOR · EVERY LINK
