Contract Math & Pricing Reference

How Bolt computes execution prices and trade outcomes

Overview

This page documents the pricing and execution math used by Bolt Outposts. It is intended for integrators implementing off-chain simulation, validation tooling, or custom execution logic.

Bolt does not use bonding curves or AMM-style invariant math. Instead, execution is based on:

• Oracle-anchored reference prices

• Inventory availability

• Fixed execution rules

Pricing Model

• Prices are sourced from Bolt’s Oracle, which aggregates global market data

• Proof of Price Efficiency (PoPE) ensures prices reflect best-available market rates

• Execution price is independent of pool depth

Swap Calculation

At a high level:

• amountOut is derived directly from the oracle price

• No curve-based adjustment is applied

• Execution succeeds if sufficient inventory is available

There is no marginal price movement as trade size increases.

Important Notes

• Contract math may evolve as the protocol upgrades

• Integrators should not reverse-engineer bytecode

• Always rely on the latest reference implementation

For correctness, off-chain simulations must exactly mirror the on-chain math.