Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: brives887 on June 07, 2022, 04:11:26 PM
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The Pyth network is an Oracle solution dedicated to delay-sensitive financial data, usually behind the "walled garden" of a centralized institution. The project focuses on finding new, cost-effective ways to bring this unique data onto the chain and securely aggregate it. For more information on the Pyth network, see the project website.
As a leading Oracle solution, Pyth works with over 60 major cryptocurrencies and traditional financial institutions to ensure low latency, reliable for the DeFi ecosystem, not only for cryptocurrencies, but also for equities, forex, and metals. Trade Pyth with mexc.com. Provides auditable market data. Pyth does this by encouraging market participants such as trading companies, market makers and exchanges to share directly on-chain price data collected as part of their existing operations. Pyth has exceeded $ 4 billion in monthly trading volume due to exciting projects and protocols that consume Pyth feeds.
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The Pyth network is a specialized oracle solution for latency-sensitive financial data that is typically kept behind the “walled gardens'' of centralized institutions.