Pyth

The Pyth contributors have announced their readiness to support the Mode ecosystem by providing real-time data to power the launch of decentralized finance (DeFi) and Web3 applications. As the largest first-party oracle network, Pyth aims to facilitate the development of cutting-edge solutions within the Mode ecosystem.

Pyth, the largest first-party oracle network, has announced its integration with the Solana blockchain. This move enables builders on the Solana ecosystem to leverage Pyth's decentralized and high-performance data feeds for their applications and protocols.

Amped Finance has launched a decentralized perpetual exchange on the LightLink Chain, enabling leveraged trading with minimal fees and no price impact. The platform operates on-chain for transparency and utilizes Pyth Price Feeds to ensure accurate and manipulation-free pricing. Amped Finance emphasizes decentralization and aims to bring trust through clear fund management.

Pyth, a decentralized data provider network, has welcomed Portofino Technologies, a Switzerland-based crypto market maker, as a new data provider. Portofino will leverage its proprietary market-making technology to contribute data to the Pyth ecosystem. The partnership aims to support the growth of the Pyth network as it expands into more symbols, asset classes, and blockchains. Portofino's CEO Leo Lancia and Global Head of Business Development Shane O'Callaghan expressed excitement about collaborating with Pyth and contributing to its development.

According to reports, the trading volume for the month of March exceeded $7 billion. Additionally, there have been notable advancements in the decentralized finance (DeFi) sector, with the Pyth network being touted as a leading first-party oracle network for the next generation of DeFi applications.

The Pythians, the largest first-party oracle network, will be present at the upcoming Paris Blockchain Week event scheduled for tomorrow, April 9th, 2024. No further details about their participation or activities have been provided at this time.

Solana has announced the emergence of new builders from the Renaissance Hackathon, powered by the Pyth decentralized oracle network. Additionally, C3, a project powered by Pyth, has gone live on the Solana blockchain. To commemorate this milestone, Solana will host a special Builders Fireside Chat with the C3 team on April 9th. Pyth, described as the largest first-party oracle network, plays a crucial role in powering these developments within the Solana ecosystem.

Parallel Network, the first omni-chain restaking L2, has integrated Pyth Network's price feeds to secure its decentralized finance (DeFi) products. The Pyth Network, known as the largest and most trusted oracle network, will provide over 450 price feeds to Parallel Network's Super App, which offers lending, staking, trading, and other DeFi services across multiple networks. This integration aims to enhance the security and accuracy of market data for Parallel Network's products, enabling the growth of DeFi on its platform. Yubo Ruan, Founder and CEO of Parallel Network, expressed excitement about working with Pyth Network to secure their price feeds.

The Pyth Network has announced a partnership with Time Research, a crypto trading firm focused on quantitative trading strategies and tools. Time Research has joined as a new data provider to the Pyth Network, contributing to the growing list of over 100 world-class data providers publishing information on the network. The Pyth Network continues to expand its coverage across more symbols, asset classes, and blockchains.

Conduit, a prominent blockchain company, has announced its latest development - the ability to build rollups with just a few clicks. This innovative approach aims to streamline the process of creating rollups, which are scaling solutions for blockchain networks. Conduit will be hosting a discussion on April 3rd at 3 PM UTC, where they will provide updates on their progress and insights into the world of rollups. The event will also feature a guest speaker from @conduitxyz, further enriching the discourse.