Pyth

Kamino Finance has launched its 2.0 version, offering a comprehensive DeFi suite for lending, liquidity, and leverage. Users can borrow and lend assets, provide leverage liquidity, build automated liquidity strategies, and use concentrated liquidity positions as collateral. Kamino also utilizes Pyth data for reliable inputs and optimal risk management.

According to recent data, Pyth Price Feeds have successfully secured 46% of the total value in the zksync DeFi ecosystem. Total value secured (TVS) refers to the aggregate total value locked (TVL) within all smart contracts that rely on an oracle network.

Alpha Vybe, the top visibility and analytics platform for Solana builders, is offering a real-time network graph and leaderboard to watch the distribution of $PYTH live. Users can also access the new volume leaderboard and historical transfers through Vybe's platform.

The Pyth Network has transitioned to its permissionless mainnet phase, enabling on-chain governance for token holders to propose, discuss, and vote on key protocol matters. Pyth Governance allows anyone with PYTH Tokens to participate by staking their tokens to vote on community governance proposals. Proposals are binding on-chain and can determine update fees, reward distribution mechanisms, and approve software updates. Learn more about Pyth Governance and how to participate in governance discussions and on-chain voting.

Osmosis, a blockchain platform, depends on Pyth Price Feeds for its derivatives and borrow/lending services. Popular dApps such as Mars Protocol and Levana Protocol are also powered by Pyth.

Pyth's confidence intervals measure uncertainty and dispersion between markets in reported prices. Learn more about this feature in their blog post. Additionally, Bitget has announced that PYTH Tokens will be available through a direct listing.

Ethena Labs has released public documentation for their synthetic dollar protocol built on Ethereum, which aims to be censorship-resistant, scalable, and crypto-native.

Vela Exchange, a fast-growing perpetual DEX on Arbitrum and Base, has achieved significant milestones since integrating with Pyth. With over $6.5B in traded volume, 100K users, and 40 markets, Vela Exchange relies on Pyth Network's price feed aggregation to provide low-latency and accurate price updates. This integration has resulted in low fees, real-time data, faster trading and execution, fast expansion to new chains, a diverse range of assets, robust infrastructure, and strong early adoption. Pyth data is designed for smart contract developers looking to build high-throughput, scalable DeFi services.

The Claim Process for the Pyth Network Retrospective Airdrop will open on Monday, Nov 20 at 2 PM UTC. The Claim Process will be available for 90 days. BTSE, WOO X, MEXC, KuCoin, gate.io, Backpack Exchange, and HTX have announced that PYTH Tokens will be made available through a direct listing or drop program. The coverage of the airdrop has been increased for DeFi participants, with more users now eligible and existing ones potentially receiving increased allocations. The final allocation for the airdrop is approximately 255M Tokens. Eligibility criteria and snapshot dates remain unchanged.

Pyth now powers 40 blockchains and secures over 90% of total value on a third of them and over 50% on half of them.