FMR LLC (20250117782). Decentralized Exchange with Price Oracle Apparatuses, Processes and Systems

Decentralized Exchange with Price Oracle Apparatuses, Processes and Systems

Organization Name

FMR LLC

Inventor(s)

Man Hei Raymond Yim of Cambridge MA US

Derrick Chan of Boston MA US

Decentralized Exchange with Price Oracle Apparatuses, Processes and Systems

This abstract first appeared for US patent application 20250117782 titled 'Decentralized Exchange with Price Oracle Apparatuses, Processes and Systems

Original Abstract Submitted

the decentralized exchange with price oracle apparatuses, processes and systems (“depo”) transforms decentralized exchange liquidity provision request, decentralized exchange crypto asset swap request, decentralized exchange liquidity redemption request datastructure/inputs via depo components into decentralized exchange liquidity provision response, decentralized exchange crypto asset swap response, decentralized exchange liquidity redemption response outputs. a decentralized exchange liquidity provision transaction is obtained via a unidirectional decentralized exchange smart contract deployed on a blockchain. a crypto assets exchange quotient for exchanging a source crypto asset type and a target crypto asset type is determined. an imbalance rule check for a crypto assets liquidity tranche datastructure is executed. a non-fungible token specific to the crypto assets liquidity tranche datastructure is minted. the non-fungible token is associated with a provision blockchain address controlled by a sender of the decentralized exchange liquidity provision transaction.