Fringe Finance V2 launch and Pyth Data security protocol discussion

By Pyth
Feb 8, 2024, 7:29 PM
twitter

Join us and @fringefinance to discuss the V2 launch and Pyth Data's security protocol on January 25 at 2 PM UTC

Sources

๐Ÿ›๏ธ We're unlocking dormant capital across all assets with Fringe Finance ๐ŸŽ™ Join us and @fringefinance discuss their V2 launch and how Pyth Data secures their protocol โฐ Fri, Jan 25 at 2 PM UTC ๐Ÿง  Set a reminder below:

Fringe Finance
Fringe Finance
@fringefinance

โœ”๏ธ X Space Reminder! Fringe ๐Ÿค Pyth @KemarTiti from our partner @PythNetwork, join @0xFrin to talk about the recent V2 launch and how they help to secure protocols by providing an accurate price feed! ๐Ÿ“… When: Jan 26th, 2 PM UTC ๐Ÿ“Œ Where: x.com/i/spaces/1lPJqโ€ฆ

Image
204
Reply
Read more about Pyth

Pyth Pro Powers WTI Oil Perpetual Futures on Kraken

Pyth Pro Powers WTI Oil Perpetual Futures on Kraken

Pyth Pro has integrated with Kraken to power **$WTIOIL perpetual futures** trading on the exchange. This marks Pyth's expansion into commodities pricing on major crypto exchanges, following their recent integration with Coinbase for gold and silver perpetuals in April. - WTI (West Texas Intermediate) oil futures now available on Kraken Pro - Powered by Pyth Pro's oracle infrastructure - Continues trend of traditional commodity derivatives entering crypto markets The integration demonstrates growing demand for real-world asset exposure through crypto-native trading platforms.

Pyth Expands Asian Market Coverage with Hong Kong and South Korea

Pyth Network is expanding its global price oracle infrastructure into Asian markets, starting with Hong Kong equities. **Key Developments:** - Hong Kong serves as the entry point for broader Asian market expansion - Additional Hong Kong-listed companies will be added to the network - South Korean equities are planned for future integration - This move addresses historical barriers including regional brokerage restrictions, fragmented licensing, and high data costs **Market Access:** The expansion targets highly-demanded global companies listed in Hong Kong, including major names like Tencent, BYD, Xiaomi, and Pop Mart - all constituents of the Hang Seng index. This development strengthens Pyth's position as a truly global price layer, bringing traditionally gated Asian equity data on-chain for decentralized applications.

๐Ÿ‡ญ๐Ÿ‡ฐ Pyth Launches Hong Kong Equity Feeds

Pyth Pro has launched Hong Kong equity price feeds, starting with major names like Tencent, BYD, CSI300, and FTSE China A50. Over 70 additional Hong Kong-listed equities will roll out soon. **What this enables:** - Perpetual DEXs can offer HK equity markets with manipulation-resistant pricing - Prediction markets on Asian macro events and HK earnings - Tokenized portfolios with real-time HK constituent pricing - Fintech applications accessing Asia data without new vendors The expansion addresses growing onchain demand for Asian equity exposure. Developers can integrate HK equities through the same Pyth Pro subscription, API, and contract already used for other assets. [Read more](https://www.pyth.network/blog/the-asian-expansion-hong-kong-equities-now-live-on-pyth-pro?utm_source=organic_social&utm_medium=x_post&utm_campaign=2605_post&utm_term=hkequities)

Pyth Network Mandates Paid Subscriptions for Core Users by July 31

Pyth Network is upgrading its Core infrastructure on **July 31**, requiring all users to migrate to paid Starter or Pro subscriptions. **Key Changes:** - Lower latency and faster price updates - Access to 125+ institutional data publishers - Expanded feed coverage with more symbols - Backward-compatible API (no code rewrites needed) **Background:** Pyth Core experienced an outage on May 22, while Pyth Pro remained operational. The DAO previously scheduled Core's deprecation for July 31. **Impact:** The subscription requirement aims to increase revenue and PYTH token purchases. Learn more: [Pyth Core Upgrade Blog](https://www.pyth.network/blog/the-pyth-core-upgrade)

๐Ÿ”— Pyth Completes Revenue Model Shift

Pyth Network has finalized its transition to a revenue-based economic model, marking the completion of a framework that integrates growth, monetization, and value accrual. **Key developments:** - Pyth Core now operates under the same commercial system as Pyth Pro and Pyth Data Marketplace - The PYTH Reserve has purchased over 12M tokens using protocol revenue - Revenue streams include Pyth Pro, Core, Entropy, Express Relay, and the Data Marketplace The network demonstrated that institutional-grade market data can scale onchain, moving away from token emissions toward sustainable revenue generation.