Pyth

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.

PYTH stakers and governance participants can now map their ERC wallet addresses to their Solana (SPL) addresses. They can visit the official staking website and go to the 'Profile' tab to add their ERC address and map it to their Solana wallet address. Caution should be exercised to ensure information is obtained from the official @PythNetwork account.

KriyaDEX, a non-custodial exchange on SuiNetwork, has integrated with Pyth Data to provide accurate market prices and transactions on its platform. Kriya aims to be a one-stop trading venue for institutions and retailers, offering spot, derivatives, and OTC block trades. Their product suite includes Kriya Perps, Kriya Swap, and Kriya Spot. The integration with Pyth Price Feeds will enhance the user experience on KriyaDEX.

The number of stakers has reached 40,000, indicating a high level of fear of missing out (FOMO).

Volmex Finance is developing a perpetual futures exchange, offering the first venue for trading volatility index perpetual futures and traditional derivatives. The exchange utilizes a limit order book for a superior user experience. Additionally, Volmex has introduced regular BTC and ETH futures. Both markets are #PoweredByPyth for collecting price references and managing funding rates.