Synthetix Facilitates Pyth Governance Distribution for Synthetix Community
Synthetix Facilitates Pyth Governance Distribution for Synthetix Community
馃攽 Unlock Pyth Governance...
Synthetix will facilitate the distribution of Pyth Network's governance token ($PYTH) to eligible members of the Synthetix community over the next four weeks. This initiative aims to encourage Synthetix community participation in Pyth Network governance and strengthen the relationship between the two projects. Eligibility criteria include engaging in Synthetix governance channels, authoring or voting on proposals, participating in elections, or serving on a Synthetix DAO body within the past year. Interested individuals must submit their Solana addresses on the Synthetix Discord to maintain eligibility.
Throughout the next four weeks, Synthetix will facilitate the $PYTH Governance Distribution to encourage the Synthetix community to participate in @PythNetwork governance and strengthen the relationship between Synthetix and Pyth Network. You may be eligible for the Pyth
Pyth Network Addresses Market Data Challenges at Injective Summit
Mike James, Head of Institutional BD at Douro Labs, presented at the Injective Summit about the current state of market data infrastructure. Key points from the presentation: - Current market data economy suffers from silos and inefficiencies - Pyth Network offers solutions for institutional trust and speed requirements - Focus on building reliable financial infrastructure for the future The presentation highlighted how Pyth's oracle network can help institutions overcome existing market data challenges while ensuring data reliability and performance. [Learn more about Injective Summit](https://injective.com/summit2025)
Ranger Finance Integrates Pyth Express Relay for Enhanced Price Execution
Ranger Finance has implemented Pyth Express Relay to optimize trading efficiency. This integration provides users with: - Improved price execution accuracy - Faster transaction processing - Reliable real-time price data feeds This follows a trend of DeFi platforms enhancing their infrastructure, with Titan Exchange making a similar integration in May 2025. The move strengthens Ranger's position in providing institutional-grade trading services. *Learn more about Ranger Finance's integration at [Ranger Finance](https://ranger.finance)*
HLP0 Token Goes Live on HyperEVM and 100+ Blockchains
**$HLP0**, a new tokenized representation of $HLP developed by @HLP0_to, has launched on HyperEVM and over 100 blockchain networks. This follows the recent launch of $wHLP by @Looped_HYPE, creating multiple options for HLP tokenization. - Both tokens now have live price feeds - Builders can integrate $wHLP through Pyth Network - Multiple blockchain support enables wider accessibility Developers interested in $wHLP integration can access documentation at [Pyth Network](https://www.pyth.network/price-feeds/crypto-whlp-usdc-rr)
Oracle Network Milestone
The First Party Oracle Network has achieved a significant technical milestone in decentralized data validation. The network now processes over 1M daily transactions with 99.99% uptime. Key developments: - Enhanced data validation protocols - Reduced latency by 40% - Improved cross-chain compatibility The update builds on previous infrastructure improvements from May 2025, which laid the groundwork for this scaling achievement. *Technical metrics*: - 1M+ daily transactions - Sub-second finality - 250+ active nodes [View technical documentation](x.com/i/article/192553774351)
New Searcher Alert: Enhanced Price Execution on Solana
A significant improvement in price execution capabilities has been announced for the Solana blockchain. This development marks another step forward in optimizing trading efficiency on the network. Key points: - Enhanced price execution mechanisms - Improved searcher functionality - Direct integration with Solana's infrastructure This update follows previous improvements to Solana's trading infrastructure, including the successful launch of $DOGA token in late 2024. *Note: These enhancements aim to provide traders with more accurate and efficient price discovery.*