Can a Merkle Proof Be Used to Verify the Integrity of an Options Contract Data Feed?

Yes, a Merkle Proof can be used to verify the integrity of an options contract data feed. The historical or real-time data points (e.g. strike prices, expiration dates, implied volatility) can be hashed and structured into a Merkle Tree.

A user receiving a data point can request a Merkle Proof to confirm that the data point was included in the data set attested to by a trusted Merkle Root. This ensures the data feed has not been tampered with since the root was published, which is vital for fair options pricing.