Data Sourceneither Pyth nor SEDA apply because this is not a price feed from another market; it’s a proprietary, exogenous index.Price ConstructionUnderlying index construction (inputs and weighting)
The oracle references a deterministic performance index constructed from real-time and official NBA game data.
Inputs:
Raw inputs include player/team box score and play-by-play statistics such as scoring efficiency (points per attempt), assists, rebounds, turnovers, usage, on/off impact proxies, pace, and opponent-adjusted context. Inputs are sourced from a licensed sports data provider and reflect objective in-game actions only.
Normalization:
All raw inputs are normalized for minutes played, possessions (pace), role/usage, and matchup context to ensure comparability across games and situations.
Standardization:
Each normalized input is standardized against league-wide historical baselines (z-score–style normalization) so heterogeneous metrics can be combined on a common scale.
Weighting:
Standardized components are combined using fixed, pre-defined weights that reflect their relative contribution to execution quality. Weights are set offline using historical analysis and are versioned and immutable during live games. No dynamic re-weighting or learning occurs intragame.
Confidence gating:
Each component’s contribution is confidence-gated based on sample size and relevance. Early-game observations contribute weakly and ramp smoothly to full weight as sufficient data accumulates, preventing early noise from dominating the index.
Aggregation and output:
Weighted components are aggregated and lightly smoothed to produce a single performance index in the range [0, 100], representing execution quality at each moment. The index is fully deterministic, replayable from raw inputs, and does not ingest any market or price data.
The oracle price published to Hyperliquid is a linear mapping of the index:
Oracle Price = Performance Index × fixed dollar scaling
The scaling factor is fixed and versioned per asset. Oracle updates are published at a steady cadence during games with heartbeat updates between games.
Volume StrategyVolume is driven structurally through continuous, leveraged, event-driven perps. Each NBA game creates multiple intragame volatility events rather than a single terminal outcome, allowing capital to turn over repeatedly. We will launch with high-attention player and team indices, onboard sports-savvy perp traders and market makers, and ensure tight liquidity during predictable high-volatility windows.Distribution ChannelNo