What Is the Advantage of Using a Median Price over an Average Price in Data Aggregation?

The median price is the middle value in a sorted list of all reported data points. Its primary advantage is its robustness against extreme values, or outliers.

A single or a few extremely high or low reported prices will significantly skew a simple average (mean), but they will have a minimal impact on the median. This makes the median a more reliable and manipulation-resistant price reference for decentralized financial applications.