Pyth

Pyth Entropy is now live on devnet on SeiNetwork, allowing developers to access on-chain random numbers. Documentation available for exploration.

LogX announced a giveaway for PYTH Governance Token stakers on February 22, 2024. For more information, refer to @LogX_trade’s official announcement and social channels. Readers are advised to exercise caution and take necessary measures to protect themselves.

D-Day has been set for the full launch of Hover Market, a non-custodial lending and borrowing platform on KAVA Chain, powered by Pyth, on February 21, 2024.

Degen Gaming is now utilizing Pyth on Blast_L2, specifically on YOLO_Blast, a prediction market where users can bet on assets MOONing or DOOMing. This integration is part of the Blast Big Bang Competition, with Pyth facilitating the permissionless resolution of markets for YOLO Games.

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.