Price Reference Implementation

Policy

For each underlying asset, the price reference is taken from the 60-minute TWAP price of the wrapped ASSET-USDC 0.3% pool on Uniswap V3.

The current price is the TWAP price from 60 minutes ago to the current time.

The expiration price is the TWAP price from 60 minutes before expiry to the expiry time.

The chosen approach aims to strike a balance between resistance to manipulation and sensitivity to changes in price.