馃敭 Pyth Partners with Hyperliquid
馃敭 Pyth Partners with Hyperliquid
馃敭 Oracle upgrade incoming
Pyth Network is collaborating with Hyperliquid builders to deliver high-quality oracle data directly from primary sources.
Key developments:
- Partnership focuses on providing superior data quality
- Data sourced directly from original providers
- HIP 3.1 Oracle Enhancement Proposal outlines the technical improvements
This collaboration emphasizes the critical importance of first-party data in DeFi applications, ensuring builders have access to the most reliable price feeds and market information.
Not all data is created equal. Pyth is actively working with @hyperliquidx builders to provide the highest quality data, delivered directly from the source. Read the full HIP 3.1 Oracle Enhancement Proposal below 馃憞
HIP 3.1 Oracle Enhancement Proposal Enhancing oracle flexibility for proprietary and high-speed markets proposed in collaboration with the Pyth Data Association, a contributor to @PythNetwork on @hyperliquidX. Proposal link below.
Japan's Top Three Banks Plan Joint Stablecoin Launch
**Major Banking Move in Japan** Japan's three largest banks are collaborating on a joint stablecoin launch, marking a significant institutional adoption milestone. **Key Developments This Week:** - Square enables first U.S. coffee chain Bitcoin payments - OpenSea evolves into multi-chain trading hub beyond NFTs - UK's FCA unveils roadmap for tokenized asset management - Tether releases open-source wallet toolkit for AI agents **Market Updates:** - Bitcoin price stabilizes as U.S. bank earnings improve sentiment - Some retail traders still follow four-year BTC cycle patterns - JPMorgan suggests crypto-native investors drove recent market correction **Regulatory Landscape:** U.S. Fed officials warn the GENIUS stablecoin law may create regulatory arbitrage opportunities, while the UK moves forward with asset tokenization frameworks. Decentralized compute networks are emerging as key infrastructure for democratizing AI access globally.
馃幍 Data Revolution
**Pyth Pro is transforming global market data access**, drawing comparisons to how Spotify revolutionized music streaming. - CEO @mdomcahills discusses the vision on @SoSoValueCrypto - Full interview explores Pyth's role as the **"Spotify of financial data"** - Platform aims to streamline how the world accesses critical market information The comparison highlights Pyth's mission to democratize data access, similar to how Spotify made music universally accessible. [Watch the full episode](https://www.youtube.com/watch?v=i2pOBF38kdM)
馃敭 Pyth Dominates DeFi
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Pyth Partners with Kalshi to Bring Regulated Prediction Market Data Onchain
**Pyth Network has partnered with Kalshi** to deliver real-time prediction market data directly onchain across 100+ blockchains. **What's Available:** - Live odds on elections, Fed rate decisions, and championships - Regulated prediction market data from one of the top platforms - Real-time event pricing for developers **For Builders:** Developers can now create perpetuals, derivatives, and new financial products using Kalshi's live market data. This opens up possibilities for prediction-based DeFi applications. **Technical Integration:** The partnership makes Kalshi's regulated market data accessible through Pyth's oracle infrastructure, enabling seamless integration across multiple chains. Read the full details: [BusinessWire release](https://www.businesswire.com/news/home/20251013872939/en/Pyth-Network-Partners-With-Kalshi-to-Deliver-Real-Time-Prediction-Market-Data-Onchain)