April 15, 2022 - 3 min read
SupraOracles is pleased to announce its collaboration with oneAlpha, an institutional liquidity provider. oneAlpha has been built with high resiliency to enable access to liquidity 24 hours a day, seven days a week while concentrating on robust security standards to ensure that the platform can satisfy industry expectations.
The oneAlpha liquidity engine is connected to venues worldwide and is meticulously adjusted with advanced algorithms to provide the narrowest spreads possible. In addition, they provide a transparent pricing methodology in which all trades are instantaneously confirmed and transacted prices are guaranteed, preventing price slippage and post-trade costs. With a single API, oneAlpha users can automate all trading and settlement needs. To improve the trading experience, users can easily integrate using their standardized REST or Websockets architecture.
SupraOracles will supply oracle toolsets to power oneAlpha’s smart contracts as part of this agreement. SupraOracles will benefit from oneAlpha’s comprehensive market data, which will help protect the network. In addition, SupraOracles will supply oneAlpha with tamper-proof pricing feeds, as the data stream is derived from the larger market and is not subject to single exchange risk.
Matt De Souza, the CEO, and Co-founder of oneAlpha, commented:
“We’re excited to be collaborating with SupraOracles on cutting-edge trading systems that route transactions in real-time throughout a massive liquidity network, assuring optimal execution regardless of market circumstances. We’re happy to offer customers a brand-new trading experience that makes trading crypto assets simpler, quicker, and less expensive.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“SupraOracles is looking forward to becoming a part of the oneAlpha family. Their purpose is to give liquidity access seven days a week, 24 hours a day. We are optimistic that oneAlpha will be a market leader in B2B focused layer 2 liquidity.”
SupraOracles is attempting to bridge the gap between traditional capital markets and the web3 environment. Our goal and driving objective is to provide a new Oracle toolset to the developer community so that they can easily construct, deploy, and manage data applications with superior performance, robustness, and agility.
Our team includes seasoned individuals with backgrounds in consensus mechanism design, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, Ph.D. academia, big 4 consulting, blockchain/DLT, and DeFi.
SupraOracles, in collaboration with our developer community and an increasing list of partners, intends to solve the Oracle issue and eventually power the future of finance.
oneAlpha is a layer 2 liquidity venue with a B2B emphasis, combining 10+ major crypto exchanges and 100+ markets. Participants can now access the whole market while maintaining only one account and API integration. oneAlpha routes transactions in real-time throughout a broad liquidity network, providing optimal execution regardless of market circumstances, using strong proprietary algorithms. Users of oneAlpha receive a guaranteed price stream with no slippage and no trading costs.
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