Monero price tracking question (monero.im)

submitted 10 months ago by snitchy_asc@monero.im to c/monero@monero.town

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Following delistings, Monero will need to also decentralize it's price tracking. How can the monero price can be known in a decentralized way ? Like aggregating DEX prices in a oracle ? Or fetching directly DEX public peers ?

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[-] XmrLovingAncap@monero.town 4 points 10 months ago

I know that localmonero offers an api that gives you a price based on the trades on lm. https://localmonero.co/statistics

I have no idea tho if there's a way planed to check for average price in haveno or serai.

[-] VolunTerry@monero.town 2 points 10 months ago

This is good. Hopefully the other decentralized services that spring up will provide data so something can be set to ingest all the data aggregate it as tusker suggested.