Pyth

2024-01-04: The Pyth community is seeing an increase in volumes as we enter the New Year.

Pyth Data is being used to facilitate new and exciting use-cases through Gelato Functions.

RageTrade, a multi-chain perpetual aggregator, is leveraging Pyth Price Feeds to enhance their on-chain trading strategies. The integration allows users to access accurate and up-to-date price information, enabling safer and more precise trades. RageTrade supports trading on Optimism with Synthetix and Arbitrum with GMX.

Shoebill Finance is revolutionizing the DeFi space with leveraged investment services across the WEMIX, Klaytn, and Manta ecosystems. The Shoebill V2 protocol aims to maximize user returns through a circular structure, offering low risk and maximized returns. Powered by Pyth Network, Shoebill Finance integrates Pyth Price Feeds to provide accurate and real-time financial data for a superior user experience.

Flash Trade, an ecosystem partner of Pyth, has released its initial statistics. The partnership showcases the possibilities of being #PoweredByPyth.

#PoweredByPyth, Flash Trade is now available on mainnet as a late gift under the tree.

Mummy Finance, a derivatives and perpetuals protocol operating across multiple chains, including Fantom, Optimism, Arbitrum, and Base, is now powered by Pyth Data. This integration allows Mummy Finance to provide reduced liquidation risks, easy opening of positions, low costs, and optimal prices for traders. Mummy V2 integrates Pyth Price Feeds for ultra-responsive and accurate price information.

Pyth announces its participation in the LightLinkChain hackathon for the second time, after a successful first edition where developers created projects using Pyth's Entropy RNG. This time, Pyth is excited to see what new projects will be shipped. Entropy, Pyth's on-chain random number generator, is now integrated with LightLinkChain's testnet, and developers are encouraged to explore its capabilities, particularly with LightLink's Enterprise Mode for gasless transactions.

TradeParadex has achieved a significant milestone with $2.0B in trading volume, thanks to the use of Pyth data.

Degen Base and Money Base have both integrated with Pyth Network to fetch real-time price feeds for accurate asset pricing. Degen Base offers leveraged trading on pairs such as BTC and ETH, while Money Base provides a comprehensive suite of DeFi solutions including a derivatives exchange. Both platforms use Pyth's low-latency data for swift execution of trades at current market rates.