Pyth

Join us and @fringefinance to discuss the V2 launch and Pyth Data's security protocol on January 25 at 2 PM UTC

Finazon, a leading financial data marketplace, has joined the Pyth Network as a data provider. They will contribute market data for cryptocurrencies, FX, metals, and more. Finazon offers a wide range of data, APIs, SDKs, and custom-made datasets. The collaboration aims to strengthen Pyth's price feeds with Finazon's AI-powered algorithms.

FlashTrade has become the first platform on Solana to integrate Pyth, enabling FX and Metals trading. This integration enhances the trading capabilities and data accuracy on the platform.

Fringe Finance has launched its highly anticipated V2 on mainnet, expanding its lending model to include a wide range of assets across Ethereum, Arbitrum, Polygon, Optimism, and zkSync. With the integration of Pyth Price Feeds, Fringe is able to offer over 150 assets across multiple chains. The update also introduces the Fringe Margin Trade facility, allowing users to engage in leveraged margin trades on any listed crypto assets.

In an effort to establish Pyth as the authoritative source of data, 97 data providers have been incentivized to use Pyth as the source of truth at time t(0). This move is aimed at ensuring accuracy and reliability in the data provided by Pyth.

As of January 24, 2024, there are 100,000 $PYTH stakers.

Mole, a DeFi protocol, provides savings, leveraged yield farms, and funds on Aptos and Sui. Users can generate yield, borrow without collateral, and create complex yield farming strategies. Mole is #PoweredByPyth, accessing 400+ price feeds to ensure platform stability and collateralization.

The first Builder Fireside Chat will feature Pike Finance discussing their DeFi adventures and integration of Pyth Data. The chat will take place on January 24th at 3PM UTC in the Pyth Discord server.

Pingu Exchange, a decentralized trading protocol on Arbitrum, has integrated with Pyth Network to power their orders and trades. The integration allows Pingu keepers to fetch real-time price data from Pyth Network for market orders and trigger limit orders in real-time. Pingu Exchange offers users various ways to interact with the platform, including trading, providing liquidity, and staking PINGU tokens.

The network is making fast progress and catching up to speed.