1. Introduction

In a nutshell, OracleX is an API service that provides highly accurate price prediction information, specialized for DEX aggregators. This service was created to address the challenges of rapid growth and the increasing complexity of trading in the DeFi market. While current DEX aggregators excel at presenting the best rates at the "present moment," they cannot predict future price fluctuations and provide users with trading strategies based on them. OracleX was developed to fill this gap and revolutionize the functionality of DEX aggregators.

The most prominent feature of OracleX is its powerful "Price Prediction AI Engine," which combines state-of-the-art machine learning algorithms with vast amounts of data collected from on-chain and off-chain sources to forecast the future prices of major cryptocurrencies and DeFi tokens in real time. In addition to on-chain data such as historical price data, trading volume, and order book information, this prediction engine leverages a wide range of information, including off-chain data such as news articles, social media sentiment analysis, and even economic indicators.

This prediction information is provided to DEX aggregators through an API and utilized to optimize users' trade execution. For example, if the price of a certain token is predicted to rise in the near future, the DEX aggregator can present the optimal trading route to the user, taking into account not only the best rate at the moment but also future price fluctuations. This allows users to execute trades at more favorable prices with minimal slippage.

Furthermore, OracleX is not just a price prediction tool, but also establishes a token economics centered around its native token, "ORLX." The ORLX token functions as a means of governance voting within the ecosystem, access to prediction data, and rewards for data providers, contributing to the sustainable development of the ecosystem.