Vela Exchange launches Trading Grand Prix on Arbitrum with Pyth Data
Vela Exchange launches Trading Grand Prix on Arbitrum with Pyth Data
Vela Exchange has launched the Trading Grand Prix on the Arbitrum platform, with support from Pyth Data. The competition offers a multi-season trading challenge where participants can secure their name on the leaderboard. Pyth Data's ultra-low-latency price data enables Vela to provide a smooth trading experience. There will be an exclusive AMA session to learn more about the Trading Grand Prix.
Rev up your engines! The Trading Grand Prix by @Vela_Exchange on @arbitrum is officially starting 🏴☠️ We’re thrilled to support the Vela ecosystem as they kick off a fierce, multi-season competition. Will you secure your name on the leaderboard? Learn how #Pyth Data is powering
(5/8) One last shoutout to our partners that are not offering incentives but are CRUCIAL to our ecosystem and infrastructure: - @PythNetwork - @Galxe - @graphprotocol - @arbitrum And many others!
We couldn’t be more thrilled to power @Vela_Exchange’s Trading Grand Prix. It’s off to the races for the @arbitrum community 🏎 Contestants will fight tooth and nail for a place on the trading leaderboards. Learn more on the Grand Prix and how #Pyth Data makes it all possible:
Pyth Network Adds $INIT and $HYPER Tokens
Two major blockchain tokens have joined the Pyth Network ecosystem: - **$INIT**: Initia's native token is now live on Pyth, accessible across 100+ blockchains - **$HYPER**: Hyperlane's native token received a day-1 listing due to high demand, also available on 100+ blockchains permissionlessly Both integrations expand cross-chain accessibility and price feed availability for these tokens through Pyth's oracle network.
Proof of Pyth Continues Expansion
Pyth Network continues its steady expansion across blockchain ecosystems, with recent integration on TON blockchain marking its latest milestone. The oracle network now provides price feeds on over 100 blockchains permissionlessly. Key developments: - Integration with TON blockchain - Launch of syUSD with Pyth price feeds - Public backing from Pyth MDPs (Market Data Partners) - Integration with TradeOnDESK platform Pyth's consistent growth demonstrates increasing adoption of decentralized oracle services across DeFi ecosystems.
Pyth Network Expands with ZORA Token Integration
Pyth Network has expanded its oracle services with the integration of $ZORA, the native token of Zora protocol. The price feed is now accessible across more than 100 blockchains in a permissionless manner. Key Updates: - $ZORA/USD price feed now live on Pyth Network - Available on 100+ blockchain networks - Permissionless integration capabilities Developers can integrate $ZORA price feeds through the [Pyth Network interface](https://www.pyth.network/price-feeds/crypto-zora-usd).
Express Relay: A Solution to DeFi's MEV Problem
**Express Relay** introduces a new approach to combat Miner Extractable Value (MEV) in DeFi, which has cost users over $150M. Key features: - Protocols auction trades to verified searchers off-chain - Direct execution between searchers and protocols - Eliminates validator interference and hidden fees - Average 65% savings in liquidation bonuses Partners include major firms like Wintermute, Flow Traders, and Auros Global. Learn more: [Express Relay Documentation](https://docs.pyth.network/express-relay)
Pyth Price Feed Council Election Enters Final Phase
The Pyth Network's Price Feed Council election is reaching its conclusion. This critical vote will determine the council members responsible for: - Managing Pyth's available price feed list - Overseeing delegate publisher selection **Key Details:** - Voting platform: [Realms](https://app.realms.today/dao/PYTH/proposal/55zfNQK3EUZf5516sysMJDMcRpyy9qUuMksmaZfM7xev) - Multiple candidates including @ndiakom, @totomanov, @Mariobern_, @LawrenceGS, @silverfox8465, @xbtogroup, and @GuruXing Cast your vote now to help shape Pyth's future governance.