Data Sources & Verification

The reliability of IFÁ Labs price feeds depends on high-quality data sources and rigorous verification at every step. We carefully select and validate sources to deliver accurate, manipulation-resistant prices — especially for stablecoins in emerging markets.

Data Sources

IFÁ Labs aggregates from a diverse mix of sources to eliminate single-point failures and capture true market pricing:

• Centralized Exchanges (CEXs) — High-volume platforms with deep liquidity for global stablecoins (e.g., USDT, USDC).

• Decentralized Exchanges (DEXs) — Onchain pools and AMMs for transparent, verifiable pricing.

• Forex & Fiat Gateways — Specialized providers for local stablecoins (e.g., Nigerian naira rates for cNGN, Brazilian real for BRZ).

• Regional Exchanges — Emerging market venues critical for accurate local peg reflection.

Sources are weighted by liquidity, historical reliability, and geographic relevance.

Verification Mechanisms

Multiple layers ensure data integrity before onchain submission:

1. Source-Level Checks Each feed validates timestamp freshness, volume thresholds, and basic sanity (e.g., price > 0).

2. Outlier Detection Advanced statistical methods flag and remove anomalous values that could indicate errors or attacks.

3. Cross-Source Consensus Prices must align across multiple independent sources within tight tolerances for stablecoins.

4. Final Validation Aggregated price checked against expected peg bounds and historical trends. Decentralized relayers sign only valid updates.

This multi-layered approach minimizes risks from faulty sources, flash crashes, or coordinated manipulation.

Next: Learn about Update Triggers (Deviation/Time) — how and when prices are pushed onchain.