> For the complete documentation index, see [llms.txt](https://docs.gammaswap.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.gammaswap.com/markets-and-trading/oracle-and-settlement.md).

# Oracle & Settlement

### Oracle

Crypto markets resolve based on prices from [Pyth](https://www.pyth.network/). Pyth aggregates data from over 120 financial institutions directly reducing the chance of market manipulation and lowering latency.&#x20;

If you would like to subscribe to Pyth directly for your own trading, or verify prices on the terminal, you can do so [here](https://app.pyth.com/explore).

### Settlement

When a market expires, the market goes through a settlement process where it calculates the Time Weighed Average Price (TWAP) based on the average price of the last 60 seconds on 15 minute markets. The TWAP is used to prevent market manipulation and provide a better trading experience.\
\
There is no human intervention in settlements or disputes. Epochs are automatically processed based on the Pyth oracle price feed.


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