How to determine ETH price of ERC20 token using my own full node?

jafarlihi
0
0

So I have a contract address of an ERC20 token and I have direct access to a full node. I want to determine the price of that token in ETH without making any external API calls and just by using my own full node.

How do I go about doing that?

Can I just divide the amount of ETH owned by the contract to the amount of tokens minted?