HYBRID DEVNET · PUBLIC EVIDENCE LIVEVerifiable infrastructure for value, markets, identity, and operational dataInspect the network ↗
HYBRID-CHAIN

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.

VENUE OBSERVATIONSDETERMINISTIC COMPOSITESIGNED OUTPUT
INPUTIndependent venuesProvider-native observations remain attributable.
OUTPUTDeterministic compositesPolicy decides; no opaque editorial override.
RECORDSigned public evidenceEvery contributor, exclusion, and chain link retained.
PUBLIC EVIDENCE TAPESYNCHRONIZING
REFRESHES EVERY 15 SECONDS

COMPOSITE · SIGNED

BTC/USD

USDWaiting for the latest canonical record
RECENT CANONICAL OUTPUTS
INSTRUMENTCLASSPROVIDERSTATE
Loading signed observations and composites…Open the full ledger ↗
0 RETAINED RECORDS CANONICAL FEEDS VENUES CURRENT GAPS

THE 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.

01Observe

Venue-native bid, ask, last, symbol, and exchange timestamps enter through registered adapters.

02Normalize

Provider symbols and payloads become one instrument contract without erasing their origin.

03Compose

Freshness, quorum, deviation, weighting, and failover policy determine the canonical output.

04Deliver

Private WebSocket contracts support signed cursors, retained replay, and metered delivery.

05Prove

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
Open the composite builder ↗

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.

OBSERVED

What one venue emitted.

A normalized direct observation preserves the provider, native symbol, market timestamps, and exact quoted values.

Inspect observed records ↗
COMPOSITE

What the policy decided.

A deterministic aggregate preserves every accepted and excluded contributor together with its applied rule set.

Inspect composite records ↗
SETTLEMENT

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.

RETAINED REPLAYSIGNED CURSORSAUTO-RECOVERYUSAGE EVIDENCE
{
  "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.

01TRADING SYSTEMS

Run execution and risk logic against resumable, multi-source market data.

02VALUATION

Prove the exact reference value used for NAV, collateral, accounting, or reporting.

03STRUCTURED PRODUCTS

Bind quotes and lifecycle decisions to independently replayable market observations.

04ORACLE INFRASTRUCTURE

Publish deterministic outputs without turning aggregation into a black box.

05AUDIT & DISPUTES

Resolve what each venue emitted, which sources qualified, and why an output was published.

06AI & AUTOMATION

Give models and workflows a signed input record instead of an unverifiable data point.

EVERY PRICE · EVERY CONTRIBUTOR · EVERY LINK

Stream the market.
Keep the proof.

Configure Pricing Feeds ↗Verify published prices ↗Read the API reference ↗