Stellar.expert Asset Summary (Current price)

[uchey]

Greetings Devs,

I was wondering about stellar expert and how it derives an asset price in terms of USD. This feature is something id need for an app i am developing on the network.

Any leads as to how stellar.expert achieves this would be highly appreciated.

[inative]

I believe that this information is not taken directly from the blockchain and has to be calculated by the app. Probably takes one specific USD anchor as reference and either gets last trade towards that USD token or calculates through XLM if there are no recent trades.
For instance for NGNT-Cowrie there's some market with USD-anchorUsd.com.

This is just my guess. I don't know how stellar.expert implements that specifically.

[uchey]

thanks for your insight @inative i guess thats one way to do it for sure. i just came across "paths" in the lab endpoint explorer which i find is the most accurate way to determine one assets price in terms of another on the stellar network and https://stellar-price.com/ for prices on other platforms. it tracks 16 markets on 5 popular exchanges..