📺 Pyth's TradFi Breakthrough
📺 Pyth's TradFi Breakthrough
📺 Pyth hits CNBC
Pyth Network is making significant inroads into traditional finance, with Douro Labs' Head of Institutional BD Mike James appearing on CNBC's Crypto World to discuss the company's progress.
Key developments include:
- Partnerships with major exchanges to create a unified source of financial data
- Integration of prediction market data from Kalshi
- Collaboration with the U.S. Department of Commerce on GDP data
The appearance highlights Pyth's growing role as a bridge between traditional financial markets and blockchain infrastructure. The network continues expanding its data offerings across 100+ chains.
The odds are now onchain 🎯 @Kalshi, one of the top prediction market platforms, is bringing their prediction market data to blockchains through Pyth. Now builders can create perps, derivatives, and new products using real-time odds on: - Elections - Fed decisions -
Pyth is enabling breakthrough innovation across TradFi. Douro Labs Head of Institutional BD @MikeJamesX joined @CNBC’s Crypto World to share how Pyth is already partnering with major exchanges to build the world’s single source of truth for financial data 👇
The rise of prediction markets 📈 Douro Labs Head of Institutional BD @MikeJamesX joined @CNBC’s Crypto World to discuss Pyth’s newest data provider @Kalshi, working with the U.S. Department of Commerce to bring GDP data onchain, and more👇
Pyth 🤝 Kalshi Developers can now build with live, regulated prediction market data. @Kalshi’s real-time event prices for elections, rate cuts, and more are now onchain via Pyth. Dive into the @BusinessWire release: businesswire.com/news/home/2025…
Pyth Launches Grant Program for Entropy Smart Contract Verification
The **Pyth Data Association** has launched a new grant program targeting developers to verify Pyth Entropy smart contracts across multiple blockchain networks. **Mission Overview:** - Verify Pyth Entropy proxy and implementation contracts - Cover both mainnets and testnets across supported chains - Strengthen network transparency and streamline integration **Reward Structure:** - **1,000 PYTH tokens** per eligible chain verified - First-come, first-served basis for each chain - Separate rewards for mainnet and testnet verification **How to Participate:** Developers can access full details and terms through the [official dev forum](https://dev-forum.pyth.network/t/pyth-entropy-smart-contract-verification/442). This initiative builds on Pyth's expanding Entropy ecosystem, which provides on-chain random number generation services across various blockchain networks.
Global Finance Unification Requires Trusted Source Data
**Building unified global financial markets** depends on accessing trusted, verifiable data directly from original sources. The foundation for connecting worldwide financial systems lies in **data integrity and verification**. Rather than relying on intermediaries or processed information, the focus shifts to obtaining financial data straight from its origin. This approach addresses a core challenge in global finance: ensuring that market participants worldwide can access the same reliable information simultaneously. - Direct source data eliminates potential manipulation or errors from intermediaries - Verification processes ensure data authenticity across different markets - Unified access creates more efficient global financial operations The emphasis on **first-party data sources** represents a shift toward more transparent and reliable financial infrastructure, potentially reducing discrepancies between different market regions.
Pyth Network Discusses Direct Data Integration for Hyperliquid HIP-3 Builders
**Pyth Network representatives joined B33Fbanks** to discuss how their oracle solution delivers institutional-grade data directly from sources to Hyperliquid builders. Key discussion points: - **Direct source data delivery** for HIP-3 builders - Integration with Hyperliquid's ecosystem - **HIP-3.1 Oracle Amendment** implementation This follows Pyth's ongoing collaboration with Hyperliquid to provide high-quality data infrastructure for decentralized applications. The partnership aims to support builders with reliable oracle services through the HIP-3 relayer system. **Background**: Pyth has been actively working with Hyperliquid builders to enhance data quality and delivery mechanisms for the platform's growing ecosystem.
🔮 Pyth Oracle Expands: Hylo Asset Feeds Go Live Across 100+ Blockchains
**Pyth Network** has launched price feeds for three **Hylo assets**: xSOL, hyUSD, and sHYUSD. The feeds are now **live on Solana** and available across **100+ blockchains**, expanding Pyth's oracle coverage. **Key adoptions:** - Kamino selected Pyth for their markets - Loopscale integrated Pyth feeds Developers can integrate these **Hylo price feeds** through Pyth's platform. [Access Hylo feeds](https://insights.pyth.network/price-feeds?search=hylo)