Background

Pyth

Largest First Party Oracle Network

Integrationstwitter

Pyth Network Becomes First Protocol to Reach 100 Blockchain Integration Milestone

Thu 23rd Jan 2025
Pyth Network has achieved a significant milestone by becoming the first protocol to integrate with 100 different blockchains. This represents remarkable growth from just 40 blockchains in November 2023. Key highlights: - First protocol to reach 100-blockchain integration - More than doubled coverage in under 3 months - Provides real-time data across all supported chains This expansion demonstrates growing adoption of decentralized oracle solutions and validates Pyth's cross-chain infrastructure approach.

Pyth Network Expands with MELANIA Price Feed Integration

Thu 23rd Jan 2025
Pyth Network has expanded its oracle services with the launch of the $MELANIA price feed, now accessible across 90+ blockchains. Key integrations include: - Synthetix - RabbitX - Merkle Trade - Trade Paradex - Sudo Finance This follows their recent expansion with the ELON/USD price feed deployment across 50+ blockchains. The network continues to demonstrate growth in supporting diverse digital assets.

Revolut Joins Pyth Network as Data Publisher

Thu 9th Jan 2025
**Revolut**, serving 45M users across 200 countries, has joined Pyth Network as a data publisher. The digital banking giant will provide real-time price feeds to enhance DeFi infrastructure. Key implications: - First major fintech bringing banking data directly on-chain - Processes millions of daily transactions across 200+ countries - Strengthens DeFi reliability through institutional-grade price data This partnership represents a shift where regulated institutions actively contribute to on-chain transparency rather than DeFi seeking access to banking data. The collaboration aims to build better financial infrastructure from the ground up.

Revolut Joins Pyth Network as Data Publisher

Thu 9th Jan 2025
**Revolut**, serving 45M users across 200 countries, has joined Pyth Network as a data publisher. This partnership marks a significant shift in traditional finance-DeFi relations. Key points: - Revolut will provide real-time price feeds from millions of daily transactions - First major digital bank to directly publish data on-chain - Partnership aims to enhance DeFi reliability with institutional-grade data The collaboration represents a reversal of traditional models, where regulated institutions are now actively choosing to feed data on-chain, rather than DeFi seeking access to banking data. *This development suggests a growing trend of traditional financial institutions contributing to blockchain infrastructure through data publishing.*

Pyth Network Releases 2024 Year in Review

Thu 26th Dec 2024
Pyth Network has released their Data-Driven 2024 video series highlighting key achievements: - Impact Awards Program distributed 150,000 PYTH tokens to 350+ participants - Community launched 100+ initiatives throughout the year - New tools include Pythmet.me for profile picture generation - PytheniansNFT project gained significant traction - Community developments include Pyth Portico and OIS Dashboard The network expanded across multiple blockchains including Solana, Ethereum, Sui, TON, BNB, and Aptos. Community engagement and development remain central to Pyth's growth strategy for 2025.
Community article

Pyth Network Launches Energy Market Price Feeds

Thu 19th Dec 2024
Pyth Network has launched 8 new energy price feeds, enabling DeFi protocols to access real-world oil market data. The integration includes: - WTI crude futures (1M, 2M, 3M) - Brent crude futures (1M, 2M, 3M) - WTI and Brent spot price tracking Storm Trade, KinetixFi, and LineDefiHub are leading the integration efforts. The feeds provide institutional-grade price data for both West Texas Intermediate and Brent crude oil markets. **Key Features:** - Permissionless access - Real-time price updates - Spot and futures tracking - Built-in weighted average mechanisms *Developer Note:* For optimal results, use weighted averages across multiple feeds or utilize spot tracking for simpler implementation.
Community article

Pyth Network Dominates Aptos DeFi Ecosystem

Thu 28th Nov 2024
Aptos blockchain shows significant growth with nearly 2B lifetime transactions and 34M active addresses. The L1 chain's DeFi ecosystem is predominantly powered by Pyth Network, which: - Provides 500+ price feeds to Aptos DeFi builders - Enables $913M in monthly trading volume - Secures $1.4B (⅔ of Aptos' TVL) - Supports 12 major DeFi protocols Aptos achieves this scale through: - Pipelined transaction processing - Modular architecture - Enhanced security features - Flexible key management *Integration available through Pyth documentation.*
Community article

VanEck Analysis Shows Pyth Network Leading Oracle Market by Transaction Volume

Thu 31st Oct 2024
A new VanEck analysis highlights Pyth Network's emergence as the leading oracle provider by total transaction volume. Key findings: - Only oracle delivering sub-second updates with direct data sourcing - Strong decentralization with no single chain exceeding 61% of activity - Less than 24% exposure to any individual application - Network metrics: 410+ integrations and $6.4B in secured value - Native integration across major blockchain platforms Pyth's institutional-grade price accuracy and distributed architecture mark a significant evolution in blockchain oracle services.

Pyth Network Launches Redemption Rate Feeds

Thu 24th Oct 2024
Pyth Network introduces Redemption Rate Feeds (RRF), a significant upgrade for DeFi valuations. **Key Features:** - Real-time redemption values for LSTs, LRTs, and yield-bearing stablecoins - Direct smart contract data integration for true token value - 19 EVM feeds including CDCETH, wUSDM, USDY, STONE, and sUSDe - Permission-less access for all builders **Integration Partners:** - Ionic Money - ZeroLend - UniDex Finance - Polynomial Finance This launch enables DeFi platforms to move from estimated to exact valuations for complex assets, enhancing pricing accuracy across the ecosystem.
Community article

Supercharged Sundays: TTV vs. TVS in DeFi Oracles

Mon 7th Oct 2024
Supercharged Sundays returns, focusing on new metrics in the oracle space: - **Total Value Secured (TVS)**: Traditional metric in DeFi 1.0 - Measures value secured by oracles - Represents potential risk if issues occur - **Total Transaction Volume (TTV)**: Emerging metric for DeFi 2.0 - Tracks frequency of oracle price updates - Better reflects high-frequency trading and speed requirements - Correlates with oracle revenue potential - Pyth Network leads in TTV with over $800 billion cumulative trading volume *Learn more about how these metrics are reshaping the DeFi landscape and why TTV may be more relevant for modern oracle systems.*
Community article
dudes