Pyth

Eddy Finance, a pioneering OmniChain DEX built on Zetablockchain, is facilitating seamless transfer of assets across blockchains, including BTC and EVM networks. By aggregating native assets like ETH, BTC, and stablecoins in omnichain pools, Eddy Finance enables direct interaction with native assets, bypassing risks associated with wrapped assets. The protocol introduces the first cross-chain stable swap on Omnichain Smart Contracts, integrating stablecoins from different networks into a single liquidity pool. Eddy Finance leverages Pyth Price Feeds for instantaneous price updates, enhancing user experience and reliability. The protocol has already reached $18M in trading volume and processes over 100K transactions daily.

The Pythians, the largest first-party oracle network, has announced that they will be present at the upcoming Digital Asset Summit 2024. This event is a significant gathering for the digital asset and blockchain industry, providing a platform for discussions, networking, and showcasing the latest developments.

Reports indicate a substantial surge in trading volume, with a twofold increase compared to the previous month and a remarkable fivefold increase from the previous quarter. The total trading volume reached $59 billion, marking a significant milestone in the financial markets.

Ununx, a prominent entity in the blockchain space, has unveiled an airdrop campaign targeted at PYTH Governance Token stakers and members of the Pyth Discord community. The announcement was made on March 14, 2024, inviting interested parties to refer to Ununx's official channels for further details regarding this initiative.

Pyth has introduced Pyth Entropy to address the high demand for random number generation functionality.

East Blue is a universal application layer for Bitcoin, building innovative solutions to scale the Bitcoin ecosystem. It brings multi-VM support, cheaper transactions, and aims to unlock the $1 trillion Bitcoin economy. As a NEAR native cross-chain application, East Blue allows users to send cross-transactions and pay with NEAR, USDT, or BTC. The Pyth oracle secures the swap rates for token conversions within its relayer, ensuring reliable and accurate transactions.

Kresko has announced the launch of its closed beta on the Arbitrum network. Kresko is powered by Pyth, which is described as the largest first-party oracle network. This closed beta represents a significant milestone for Kresko's development and integration with the Arbitrum ecosystem.

On March 8, 2024, it was revealed that all roads lead to the temple of Delphi.

OrbitLending, a decentralized liquidity protocol on Blast_L2, has integrated with Pyth to utilize price oracles for collateral assets. Lenders can earn yield by choosing lending periods and receiving Orbit Assets (oAssets) representing their principal and yield. Borrowers can borrow assets using other assets as collateral. Pyth's 450+ price feeds on Blast enable accurate pricing for borrows and liquidations within the Orbit platform.

Laser Digital, a digital asset subsidiary of Nomura, has joined the Pyth Network to provide crypto price data. Laser Digital aims to support Pyth's mission of delivering real-time access to asset prices, with a focus on higher risk management standards and responsible engagement in digital assets. The CEOs of both Laser Digital and Douro Labs express excitement about this partnership. The Pyth Network is expanding to include more symbols, asset classes, and blockchain ecosystems.