Pyth

Nabla Finance revealed their Testnet Alpha on Ethereum Sepolia with the participation of PYTH Governance Token stakers. For further details, refer to @NablaFi’s official announcement and social channels.

NablaFi is a new Automated Market Maker for Crypto and Real World Assets, offering IL-free single-sided liquidity provision and better risk-adjusted returns. The protocol integrates with Pyth Price Feeds on Ethereum Sepolia for accurate pricing, eliminating impermanent loss and providing optimal capital efficiency. NablaFi is now live on Ethereum Sepolia.

Synonym Finance revealed their amplifier program for PYTH Governance Token stakers on February 8, 2024. For more details, check out @synonymfinance's official announcement.

Lynx Protocol is a decentralized perpetuals exchange offering up to 100x leverage trading with any collateral asset. It supports leveraged trading with any ERC-20 token and enables permissionless listings of collateral assets. Lynx uses Pyth data for determining trading prices and has recently expanded to Linea and Boba Network. Users can trade against isolated liquidity pools matching their collateral asset, with profits paid in the same asset.

The Pyth community is excited about reaching 1 billion in an upcoming event.

Congratulations to @Lifinity_io for surpassing $10B in total volume

Ionic Money, a decentralized non-custodial money market protocol, has integrated with Pyth to ensure over-collateralization and access to over 400 price feeds. Ionic operates on the Modenetwork, an Ethereum L2 built on the Optimism Superchain Stack.

MetaLend, the leading money-market protocol on the Ronin Network, has integrated with Pyth to evaluate protocol-supported assets in real-time for borrow and lending. MetaLend allows users to earn yield and access liquidity without selling assets. The protocol has gathered close to $2M in value deposited in less than two months. By leveraging Pyth's Pull Oracle design, MetaLend ensures that the protocol and user positions remain healthy.

Pike Finance has launched its mainnet, which is a cross-chain universal liquidity market that uses Pyth Price Feeds.

Pyth Price Feeds are now available on LightLinkChain mainnet, a Layer 2 blockchain that offers instant, gasless transactions. LightLink's integration with Pyth Network enhances its capabilities for supporting Web3 verticals such as NFT initiatives and prediction markets. Developers have already started integrating with Pyth Entropy, which provides secure on-chain randomness. LightLink Roulette, a community-driven app powered by Pyth Entropy, won the LightLink APAC Hackathon.