Pyth

As of February 21, 2024, it has been reported that 25% of decentralized applications (dApps) are already utilizing Pyth. This platform is enabling high throughput decentralized finance (DeFi) applications.

Pyth Network has introduced real-time price data for 13 Bitcoin ETFs to facilitate mainstream investor access to Bitcoin. The approved ETFs from major institutions like ARK Invest, BlackRock, and Fidelity bridge traditional finance with the crypto world, enabling on-chain innovation and institutional Web3 engagement. Developers can integrate these ETF price feeds effortlessly from Pyth Network's offering, including popular options like GBTC and HODL.

Native Finance has launched a liquidity solution integrated with Pyth's real-time feeds, available on various prominent chains including ZetaChain. Native offers a seamless solution for routing assets across different chains by leveraging cross-chain liquidity networks, DEXs, and PMMs. By tapping into Pyth's price feeds, Native ensures users get competitive prices through its network of AMMs and aggregators.

Total Value Secured hit an all-time high of $2.5B in January, prompting the question of whether it indicates a bull market.

The Pyth Network Retrospective Airdrop for DeFi users, unveiled on November 20, 2023, has seen 64% claimed by 52K users. The claiming period ends on February 20, 2024 at 6 PM UTC. This airdrop, a significant gesture of appreciation for the Pyth Network community, is one of the largest in Web3 and DeFi.

On February 16, it was announced that trading volume has been secured for an upcoming period.

Degen Base revealed their airdrop campaign for PYTH Governance Token stakers on February 16, 2024. For more information, refer to Degen Base's official announcement and social channels. Paradex is also powered by Pyth.

The Pythmet Pythians have been reported as unstoppable according to the latest news.

Symmetry Trade is a decentralized derivatives exchange live on mainnet, built on Scroll_ZKP. It enables users to trade anything, anywhere with a single liquidity pool. Users can deposit assets like liquid staking tokens as collateral. Symmetry also offers NFT coupons for trading fee discounts. Powered by Pyth, Symmetry ensures trades are processed at fair value by pulling Pyth price data on Scroll. With access to 450+ Price Feeds, Symmetry provides a seamless trading experience.

Join the discussion with CloneProtocol about their hyper-liquid cloned assets on Solana and how they utilize Pyth Data. Event will take place on Fri, Feb 16 at 3PM UTC on Pyth Discord.