Pyth

The Pyth Network has introduced a new BNSOL/USD price feed, now accessible on over 75 blockchains. This development supports Binance SOL Staking, allowing users to stake SOL tokens and receive $BNSOL, a liquid staking token. $BNSOL represents staked assets and can be utilized across various Binance products and DeFi platforms. Key points: - BNSOL/USD feed available on 75+ blockchains - Supports Binance SOL Staking - $BNSOL usable in Binance products and DeFi - @DriftProtocol and @RainFi_ already using the feed Developers can integrate Pyth Price Feeds into their dApps with just a few lines of code.

Mike O'Cahill, co-founder and CEO of Douro Labs and core contributor to Pyth Network, is set to share insights on DeFi at Mainnet 2024. Key details: - Event: Fireside Chat with Mike O'Cahill - Date: Wednesday, October 2nd - Time: 11:10 AM ET Attendees can expect valuable perspectives on decentralized finance from this industry leader. For more information and the full event agenda, visit: https://events.messari.io/mainnet2024/agenda/session/14538743/ Don't miss this opportunity to gain insights from a key figure in the DeFi space.

**Efficiency is crucial in blockchain oracles.** - Pull oracles update only when users request data - Push oracles update continuously at set intervals **Key differences:** 1. Gas costs: Push oracles drive up costs 2. Resource usage: Push oracles waste resources 3. Data availability: Pull oracles offer wider selection of feeds across chains **Developer concerns:** - Price feed availability is a top issue - Push oracles have limited availability on different chains **Recommendation:** Choose pull oracles for better efficiency and data availability.

Real World Assets (RWAs) are tokenized versions of offline assets like real estate, stocks, and US Treasuries. They bridge traditional finance and blockchain, unlocking new possibilities. Key points: - RWAs projected to reach $30 trillion by 2030 - Create massive liquidity potential - Transform finance as we know it Two main tokenization methods: 1. Non-native tokens: On-chain tokens represent off-chain managed RWAs 2. Native tokens: On-chain tokens act as the RWA itself Learn more: - Crypto.com University: https://crypto.com/university/what-are-real-world-assets - RWA token list: https://crypto.com/price/categories/real-world-assets

The Pyth Network has expanded its offerings with the release of a MOTHER/USD price feed. This development comes in response to high demand from the cryptocurrency community. Key points: - MOTHER is a Solana-based memecoin associated with Iggy Azalea - The price feed is now available across more than 75 blockchains - Notable integrations include Drift Protocol, Save Finance, and FlashTrade This release follows Pyth's earlier introduction of the MYRO/USD price feed in March, demonstrating the network's commitment to meeting market demands for diverse cryptocurrency data.

HMX, the next-generation perpetual DEX on Arbitrum, continues to show impressive growth: - Over $40 billion in traded volume - Supported by Pyth's Oracle Integrity Staking This follows a trend of successful DEX performance, as seen with QuickSwap's Liquidity Hub: - Surpassed $20 million in total trading volume - Offers improved execution prices and zero gas swaps on Polygon - Powered by Orbs Network integration These developments highlight the ongoing adoption and evolution of decentralized trading platforms across various blockchain networks.

Chainlink has reached a significant milestone with over 500 secured Price Feeds, enhancing the user experience for Synthetix and its integrators. This expansion sets a new standard for DeFi infrastructure, providing builders with high-quality data. Key points: - 500+ secured Price Feeds now available - Improved user experience for Synthetix (SNX) ecosystem - Raises the bar for DeFi infrastructure - Offers builders access to reliable market data This development builds on Chainlink's previous integration of the SNX/USD Price Feed on Base, enabling the creation of secure DeFi markets around Synthetix's token.

**Bucket Protocol**, a prominent DeFi platform, has announced its integration with **Pyth Network**, a leading oracle solution. This collaboration marks a significant step in enhancing the reliability and accuracy of data feeds within the DeFi ecosystem. Key points: - Bucket Protocol joins the growing list of elite DeFi projects utilizing Pyth's oracle services - Integration aims to improve data accuracy and reliability for Bucket Protocol users - Pyth Network continues to expand its presence in the DeFi space This partnership underscores the increasing importance of robust oracle solutions in decentralized finance. As more projects adopt Pyth's technology, it solidifies its position as a go-to oracle provider for high-quality, real-time data in the blockchain industry. **Stay tuned** for more updates on how this integration will impact Bucket Protocol's offerings and the broader DeFi landscape.

The Oracle Integrity Staking (OIS) launch has been completed by Pyth Network. To engage with the community and address questions: - A Community Spaces Q&A session is scheduled - Users are encouraged to submit their questions - Best questions will be rewarded with IAs in Pyth Discord Key points: - OIS aims to protect DeFi - Staking rewards are available - More information: https://staking.pyth.network/ **Action items:** 1. Submit your questions 2. Set a reminder for the Q&A session 3. Explore staking opportunities on Pyth Network

Pyth Network has upgraded its KPI dashboard, offering users interactive access to on-demand statistics. The new feature reveals impressive metrics, including over $700B in trading volume powered by Pyth across 74 different blockchain networks. This enhancement allows users to explore detailed performance data, providing deeper insights into Pyth's growing impact in the crypto ecosystem. The upgrade demonstrates Pyth's commitment to transparency and its expanding influence in the decentralized finance space. Users are encouraged to visit the dashboard to discover the full scope of Pyth's momentum stats and track its progress in real-time.