diff --git a/protocol/app/testdata/default_genesis_state.json b/protocol/app/testdata/default_genesis_state.json
index b26b996923..598d1dbc98 100644
--- a/protocol/app/testdata/default_genesis_state.json
+++ b/protocol/app/testdata/default_genesis_state.json
@@ -405,14 +405,18 @@
   "prices": {
     "market_params": [
       {
+        "exchange_config_json": "{\"exchanges\":[{\"exchangeName\":\"Binance\",\"ticker\":\"\\\"BTCUSDT\\\"\"},{\"exchangeName\":\"BinanceUS\",\"ticker\":\"\\\"BTCUSD\\\"\"},{\"exchangeName\":\"Bitfinex\",\"ticker\":\"tBTCUSD\"},{\"exchangeName\":\"Bitstamp\",\"ticker\":\"BTC/USD\"},{\"exchangeName\":\"Bybit\",\"ticker\":\"BTCUSDT\"},{\"exchangeName\":\"CoinbasePro\",\"ticker\":\"BTC-USD\"},{\"exchangeName\":\"CryptoCom\",\"ticker\":\"BTC_USD\"},{\"exchangeName\":\"Kraken\",\"ticker\":\"XXBTZUSD\"},{\"exchangeName\":\"Okx\",\"ticker\":\"BTC-USDT\"}]}",
         "exponent": -5,
         "id": 0,
+        "min_exchanges": 1,
         "min_price_change_ppm": 1000,
         "pair": "BTC-USD"
       },
       {
+        "exchange_config_json": "{\"exchanges\":[{\"exchangeName\":\"Binance\",\"ticker\":\"\\\"ETHUSDT\\\"\"},{\"exchangeName\":\"BinanceUS\",\"ticker\":\"\\\"ETHUSD\\\"\"},{\"exchangeName\":\"Bitfinex\",\"ticker\":\"tETHUSD\"},{\"exchangeName\":\"Bitstamp\",\"ticker\":\"ETH/USD\"},{\"exchangeName\":\"Bybit\",\"ticker\":\"ETHUSDT\"},{\"exchangeName\":\"CoinbasePro\",\"ticker\":\"ETH-USD\"},{\"exchangeName\":\"CryptoCom\",\"ticker\":\"ETH_USD\"},{\"exchangeName\":\"Kraken\",\"ticker\":\"XETHZUSD\"},{\"exchangeName\":\"Okx\",\"ticker\":\"ETH-USDT\"}]}",
         "exponent": -6,
         "id": 1,
+        "min_exchanges": 1,
         "min_price_change_ppm": 1000,
         "pair": "ETH-USD"
       }
diff --git a/protocol/x/prices/types/genesis.go b/protocol/x/prices/types/genesis.go
index e44ed6e855..a83dcbad6f 100644
--- a/protocol/x/prices/types/genesis.go
+++ b/protocol/x/prices/types/genesis.go
@@ -10,16 +10,20 @@ func DefaultGenesis() *GenesisState {
 	return &GenesisState{
 		MarketParams: []MarketParam{
 			{
-				Exponent:          -5,
-				Id:                0,
-				MinPriceChangePpm: 1000,
-				Pair:              "BTC-USD",
+				ExchangeConfigJson: "{\"exchanges\":[{\"exchangeName\":\"Binance\",\"ticker\":\"\\\"BTCUSDT\\\"\"},{\"exchangeName\":\"BinanceUS\",\"ticker\":\"\\\"BTCUSD\\\"\"},{\"exchangeName\":\"Bitfinex\",\"ticker\":\"tBTCUSD\"},{\"exchangeName\":\"Bitstamp\",\"ticker\":\"BTC/USD\"},{\"exchangeName\":\"Bybit\",\"ticker\":\"BTCUSDT\"},{\"exchangeName\":\"CoinbasePro\",\"ticker\":\"BTC-USD\"},{\"exchangeName\":\"CryptoCom\",\"ticker\":\"BTC_USD\"},{\"exchangeName\":\"Kraken\",\"ticker\":\"XXBTZUSD\"},{\"exchangeName\":\"Okx\",\"ticker\":\"BTC-USDT\"}]}", //nolint:lll
+				Exponent:           -5,
+				Id:                 0,
+				MinExchanges:       1,
+				MinPriceChangePpm:  1000,
+				Pair:               "BTC-USD",
 			},
 			{
-				Exponent:          -6,
-				Id:                1,
-				MinPriceChangePpm: 1000,
-				Pair:              "ETH-USD",
+				ExchangeConfigJson: "{\"exchanges\":[{\"exchangeName\":\"Binance\",\"ticker\":\"\\\"ETHUSDT\\\"\"},{\"exchangeName\":\"BinanceUS\",\"ticker\":\"\\\"ETHUSD\\\"\"},{\"exchangeName\":\"Bitfinex\",\"ticker\":\"tETHUSD\"},{\"exchangeName\":\"Bitstamp\",\"ticker\":\"ETH/USD\"},{\"exchangeName\":\"Bybit\",\"ticker\":\"ETHUSDT\"},{\"exchangeName\":\"CoinbasePro\",\"ticker\":\"ETH-USD\"},{\"exchangeName\":\"CryptoCom\",\"ticker\":\"ETH_USD\"},{\"exchangeName\":\"Kraken\",\"ticker\":\"XETHZUSD\"},{\"exchangeName\":\"Okx\",\"ticker\":\"ETH-USDT\"}]}", //nolint:lll
+				Exponent:           -6,
+				Id:                 1,
+				MinExchanges:       1,
+				MinPriceChangePpm:  1000,
+				Pair:               "ETH-USD",
 			},
 		},
 		MarketPrices: []MarketPrice{
diff --git a/protocol/x/rewards/keeper/keeper_test.go b/protocol/x/rewards/keeper/keeper_test.go
index 720bb70a7d..e5db22d37b 100644
--- a/protocol/x/rewards/keeper/keeper_test.go
+++ b/protocol/x/rewards/keeper/keeper_test.go
@@ -986,10 +986,12 @@ func TestProcessRewardsForBlock(t *testing.T) {
 				ctx,
 				&tApp.App.PricesKeeper,
 				pricestypes.MarketParam{
-					Id:                testRewardTokenMarketId,
-					Pair:              testRewardTokenMarket,
-					Exponent:          tc.tokenPrice.Exponent,
-					MinPriceChangePpm: uint32(50),
+					Id:                 testRewardTokenMarketId,
+					Pair:               testRewardTokenMarket,
+					Exponent:           tc.tokenPrice.Exponent,
+					MinExchanges:       uint32(1),
+					MinPriceChangePpm:  uint32(50),
+					ExchangeConfigJson: "{}",
 				},
 				tc.tokenPrice,
 			)