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Pyth

Largest First Party Oracle Network

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Introducing the first censorship-resistant, scalable and crypto-native stablecoin!

Tue 21st Nov 2023
Ethena Labs has released public documentation for their synthetic dollar protocol built on Ethereum, which aims to be censorship-resistant, scalable, and crypto-native.

Pyth Network Powers Vela Exchange's Success in Perpetual Trading

Tue 21st Nov 2023
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.
Community article

Pyth Network Retrospective Airdrop Update

Thu 16th Nov 2023
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.
Community article

Pyth powers 40 blockchains and secures majority of total value on many

Mon 6th Nov 2023
Pyth now powers 40 blockchains and secures over 90% of total value on a third of them and over 50% on half of them.
Community article

Paradex and DexToro: Decentralized Exchanges Powered by Pyth

Thu 9th Nov 2023
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 aims to bring all financial data on-chain

Thu 16th Nov 2023
Pyth is on a mission to bring all the world’s financial data on-chain. However, this ambitious goal will take time to accomplish.
Community article

2023-11-13: $4 billion in traded volume

Thu 16th Nov 2023
@Lifinity_io and the Solana ecosystem are experiencing significant growth and activity.

Parifi Brings Parity to Perpetual Trading with Decentralized Protocol

Thu 16th Nov 2023
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.

Quench your LSD thirst with $wsETH now available on Scroll with LayerBank

Mon 13th Nov 2023
Scroll with LayerBank has made $wsETH available for users to quench their liquidity and staking desires. This move is powered by Pyth.

Builders Continue to Integrate with Pyth Network

Mon 13th Nov 2023
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.
Community article
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