Pyth

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.

The Pyth AKT/USD feed is now live on 40 chains and is being used by dApps like Mars Protocol. AKT is the native token of Akash, an open-source Supercloud for buying and selling computing resources securely and efficiently.

Join Pyth and Sei Network on Tue, Nov 7 at 2 PM UTC to learn how Pyth's low-latency oracle enables high-throughput DeFi on Sei.

Pyth's high-fidelity price feeds are now integrated on ChilizChain, providing developers with real-time access to over 350 price feeds across digital assets. Chiliz Chain is an EVM-compatible Layer-1 protocol built for creating a blockchain-based SportFi ecosystem. The integration allows developers to build the future of interactive and blockchain-based fan engagement with confidence, knowing they have top-tier financial information at their fingertips.

Pyth has partnered with Derivio, an institutional-grade structured derivatives ecosystem, to support permissionless trading and earning on zkSync. Derivio offers perpetual derivatives denominated in multiple stablecoins, as well as plans to release exotic options and structured products in the future. Derivio uses Pyth’s Price Feeds for real-time valuation and protocol security. Derivio is now live on zkSync mainnet.

Gelato's Rollup as a Service (RaaS) platform, which allows developers to deploy custom L2 chains with Web2-like user experience and scalability, is incorporating Pyth Network Price Feeds. This integration gives DeFi ecosystems on Gelato RaaS access to over 350 real-time price feeds, enhancing their functionality and enabling seamless integration with the largest first-party oracle network.

Meteora, a DeFi platform on the Solana blockchain, has partnered with Pyth Network to provide real-time price data for Solana-native tokens. This collaboration expands the data offerings of Pyth Network and will benefit the Solana DeFi ecosystem. Meteora offers a range of DeFi primitives on Solana, including stablecoin liquidity, lending protocol capital, and efficient AMM pools. The integration of Meteora's data will facilitate the development of oracles for Solana liquid staking tokens, enabling the use of over $9 billion in staked SOL for Solana DeFi purposes.

The Pyth Network has announced a cross-chain airdrop program for over 75K wallets based on their on-chain activity. The blog post provides information about the airdrop and eligibility criteria. Readers are advised to be cautious of potential scams. The network also expresses its commitment to fostering the oracle ecosystem and promises to announce community opportunities and network developments.

Metavault, a spot and perpetual DEX on Polygon, is building a DeFi Hub and has integrated with Pyth for improved liquidity and price feeds. Metavault enables users to trade spot and leveraged assets on a permissionless and non-custodial platform. The integration with Pyth allows Metavault to fill trades at the oracle price without slippage and supports additional assets and markets.

DeFi apps that require accurate financial data should prioritize leveraging first-party data, such as Pyth Data, to ensure precision and timeliness.