# How is the price of an ASA token determined?

**URL:** <https://forum.algorand.co/t/how-is-the-price-of-an-asa-token-determined/5659>\
**Category:** General\
**Created:** [January 7, 2022, 10:30pm UTC](https://forum.algorand.co/t/how-is-the-price-of-an-asa-token-determined/5659 "2022-01-07T22:30:39Z")\
**Posts on this page:** 1\
**Showing post:** 9

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**Author:** ![javier0rosas](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.algorand.co/javier0rosas/32/1578_2.png) [@javier0rosas](https://forum.algorand.co/u/javier0rosas)\
**Post date:** [January 24, 2022, 9:00pm UTC](https://forum.algorand.co/t/how-is-the-price-of-an-asa-token-determined/5659/9 "2022-01-24T21:00:08Z")

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If you are using Tinyman, they have the price data on-chain. The price is determined by the market and set by the AMM created by the Tinyman team.

I would refer to this forum post on how to get the on-chain price of ASAs: [Is it possible to read the price of an asset on Tinyman from a stateful smart contract? Kind of like a on-chain oracle?](https://forum.algorand.co/t/is-it-possible-to-read-the-price-of-an-asset-on-tinyman-from-a-stateful-smart-contract-kind-of-like-a-on-chain-oracle/4681)

@Ben gave an excellent answer on this subject.

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