Pyth

Paradex, a crypto-derivatives exchange, and DexToro, a decentralized leverage trading protocol, are both #PoweredByPyth. Paradex boasts notable milestones with $2M value locked and $500M trading volume in October. It offers non-custodial infrastructure and trade settlement on its own Starknet appchain. DexToro, built on Synthetix liquidity layer, allows exposure to close to 70 assets and offers advanced order types. Both platforms benefit from Pyth Price Feeds, with over 350 feeds available.

Pyth is on a mission to bring all the world’s financial data on-chain. However, this ambitious goal will take time to accomplish.

@Lifinity_io and the Solana ecosystem are experiencing significant growth and activity.

Parifi, a decentralized perpetual protocol on Arbitrum, is revolutionizing perpetual trading with an adaptive pricing framework that fine-tunes contract prices and trading fees based on real-time market dynamics. The platform offers diversified asset exposure, low fees, limit orders, and dynamically adjusted borrowing fees. Powered by the Safe Account Abstraction Kit, Parifi eliminates wallet requirements and transaction approvals, providing a user-friendly experience. Additionally, Pyth Price Feeds ensure accurate asset pricing and timely liquidations for under-collateralized positions, enabling Parifi to rapidly expand its market offerings.

Scroll with LayerBank has made $wsETH available for users to quench their liquidity and staking desires. This move is powered by Pyth.

Over the past year, 3 projects have integrated with Pyth Network every week, resulting in a total of 153 new integrations. This reflects the dedication and effort of the builders, regardless of market conditions.

Mu Exchange has announced the launch of its Open Beta as the first perpetual decentralized exchange (DEX) on Gnosis Chain that is powered by Pyth. The platform allows users to leverage trade with $sDAI as collateral and continue earning DAI Saving Rate yield while trading. Mu Exchange currently offers markets for ETH, BTC, JPY, and GBP, using Pyth data for asset pricing and critical operations.

zkUSD, a collateralized stablecoin, is now live on LineaBuild and Neon EVM, offering stability, cross-chain interoperability, and privacy-enhanced transactions. zkUSD utilizes Pyth data to actively value assets and manage debt in order to maintain collateralization. With access to over 350 Pyth Price Feeds, zkUSD ensures liquidity and security.

Pyth Network contributors recently had the opportunity to co-host a happy hour event at Breakpoint2023, along with FlowTraders, a local Dutch trading powerhouse. The event featured drinks, tarot card readings, and discussions about digital assets.

JupiterExchange has launched its LP-to-trader perpetual exchange on Solana, experiencing high demand. It aims to become one of the most powerful DEXs in crypto. Jupiter is a liquidity aggregator for Solana and has processed over $35 billion in transaction volume. It now offers perpetual trading with up to 100x leverage, zero price impact trading, and deep liquidity. Jupiter Perpetuals are oracle-based and support markets for $SOL, $ETH, and $BTC. Since its launch, Jupiter Perpetuals has surpassed $100M in trading volume.