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Pyth

Discover Pyth, a decentralized data oracle providing real-time market data for blockchain applications and enhancing the accuracy of decentralized finance.

Pyth

Discover Pyth, a decentralized data oracle providing real-time market data for blockchain applications and enhancing the accuracy of decentralized finance.

Blockchain   -   Jun 29, 2024 Pull, Don’t Push - Pyth Network Introduces Pull Oracle on Solana
Pull, Don’t Push - Pyth Network Introduces Pull Oracle on Solana

The pull oracle enables users to retrieve prices on-chain only when necessary. This approach enhances existing oracles by eliminating the transaction costs that oracles and data providers typically incur, allowing Pyth to scale in ways traditional oracles cannot.

Blockchain   -   Mar 26, 2024 Spotlight on Chainlink TVS: Oracle Usage Testify Growing Activity on Ethereum and Arbitrum
Chainlink TVS Ethereum Arbitru

The growth in Chainlink’s TVS, now at about $25 billion, highlights the vibrant activity in the DeFi sector, particularly on Ethereum. Additionally, the significant increase in TVS on Arbitrum, reaching nearly $2.5 billion, showcases its rapid development as a Layer 2 solution.

A New Competitor Challenges Chainlink As The Oracle Markets Evolve
Bridges and Interoperability   -   Oct 08, 2024 A New Competitor Challenges Chainlink As The Oracle Markets Evolve

According to Blockworks Research, the oracle market has multiple niches. The firm has developed a new indicator that more accurately assesses the usage of oracles in those niches, and it shows that Chainlink is not dominating in all of them.

Alexander Mardar
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Latest Articles 6 Articles
Bridges and Interoperability   -   Oct 08, 2024 A New Competitor Challenges Chainlink As The Oracle Markets Evolve
A New Competitor Challenges Chainlink As The Oracle Markets Evolve

According to Blockworks Research, the oracle market has multiple niches. The firm has developed a new indicator that more accurately assesses the usage of oracles in those niches, and it shows that Chainlink is not dominating in all of them.

Alexander Mardar
Blockchain   -   Jun 29, 2024 Pull, Don’t Push - Pyth Network Introduces Pull Oracle on Solana
Pull, Don’t Push - Pyth Network Introduces Pull Oracle on Solana

The pull oracle enables users to retrieve prices on-chain only when necessary. This approach enhances existing oracles by eliminating the transaction costs that oracles and data providers typically incur, allowing Pyth to scale in ways traditional oracles cannot.

Alexander Mardar
Blockchain   -   Mar 26, 2024 Spotlight on Chainlink TVS: Oracle Usage Testify Growing Activity on Ethereum and Arbitrum
Chainlink TVS Ethereum Arbitru

The growth in Chainlink’s TVS, now at about $25 billion, highlights the vibrant activity in the DeFi sector, particularly on Ethereum. Additionally, the significant increase in TVS on Arbitrum, reaching nearly $2.5 billion, showcases its rapid development as a Layer 2 solution.

Alexander Mardar
Trading   -   Feb 03, 2024 Incentivized Staking and Airdrops Fuel PYTH Token Surge
Incentivized Staking and Airdrops Fuel PYTH Token Surge

The PYTH token’s resurgence above $0.50 is largely attributed to its incentivized staking model, attracting stakers with the promise of airdrop rewards from partners.

Alexander Mardar
Solana   -   Dec 08, 2023 Solana Emerges as Top Destination for Airdrop Hunters
JTO Pyth Airdrops on Solana

Solana’s resurgence is partly fueled by lucrative airdrops from its ecosystem projects, with Jito's recent $250 million distribution being a prime example. This has led to a growing trend of users moving liquidity to Solana in anticipation of similar high-value airdrops from other projects.

Alexander Mardar
Oracles   -   Nov 22, 2023 Pyth Network Launches Token, Challenging Chainlink in Oracle Arena
Pyth Network Launches Token, Challenging Chainlink in Oracle Arena

Pyth Network is distributing 250 million tokens to its community, worth approximately $87 million. With over 230 dApps integrated and expansion to over 40 blockchains, Pyth is shaping up as a major player in the blockchain oracle space.

Alexander Mardar
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