We’re excited to share that Pyth’s low-latency pull oracles are now available on @shimmernet 🔮

Developers on #ShimmerEVM testnet can now access Pyth’s 200+ real-time price feeds for equities, commodities, FX pairs, and cryptocurrencies

2/

The ShimmerEVM testnet is the first L2 network to anchor on Shimmer: Shimmer is the official L1 staging and validation network of the @iota distributed ledger technology (DLT).

Explore their website: https://shimmer.network/

3/

Mirroring the IOTA network, Shimmer is built on a UTXO-based parallelized, directed acyclic graph (DAG), guaranteeing higher scalability than conventional Blockchains, and it provides the core building blocks for a scalable, modular multi-chain architecture

4/

Builders on ShimmerEVM testnet can permissionlessly access any of Pyth’s 200+ low-latency price feeds for equities, commodities, FX pairs, and cryptocurrency directly on-chain

https://twitter.com/shimmernet/status/1648310420396965889

5/

To help bootstrap the ecosystem, the Tangle Ecosystem Association (TEA) will deploy and automate its own price pushers for six asset pairs for builders to use: SMR/USD, IOTA/USD, ETH/USD, BTC/USD, USDC/USD, USDT/USD

6/

This price data will be pushed onto the EVM chain at regular intervals and according to certain volatility parameters

Once available on-chain, any application on ShimmerEVM freely utilize these price points

7/

We’re excited to support the ShimmerEVM ecosystem and empower developers with access to real-time market data 🔮

https://pyth.network/blog/pyth-low-latency-pull-oracles-launches-on-shimmerevm-testnet

8/

We invite the Shimmer ecosystem to explore what Pyth data can unlock for them 👇

How Pyth Works: https://docs.pyth.network/design-overview

Low-Latency Pull Oracles: https://pyth.network/blog/pyth-a-new-model-to-the-price-oracle

Pyth on XXXX: https://docs.pyth.network/pythnet-price-feeds/evm

9/

To discover more about @shimmernet, visit their website: https://shimmer.network/

If you have any questions, you can join their Discord: https://discord.shimmer.network/

To learn more about #Pyth on ShimmerEVM, check out our blog post: https://pyth.network/blog/pyth-low-latency-pull-oracles-launches-on-shimmerevm-testnet

Pyth's Low-Latency Pull Oracles Now Available on Shimmer Testnet

We’re excited to announce that the Pyth Price Feeds are now available on @Meter_IO 🔮

Builders on Meter can now permissionlessly request Pyth’s 200+ price feeds for equities, commodities, FX pairs, and cryptocurrencies

2/

Meter is DeFi driven with a built-in, crypto-native, metastable currency

It functions as a highly-decentralized, high-performance EVM compatible side chain for Ethereum and other public chains like Cosmos and Polkadot

3/

The Meter system uses Proof of Work to create a fully-decentralized, low-volatility coin MTR for fees and payments, and HotStuff-based Proof of Stake with the MTRG governance coin to validate transactions

4/

"With access to over 200 institutional-grade data sets covering a wide range of asset classes and markets, Pyth's unique capability to provide real-time data and enable direct consumption from users will unlock new possibilities for DeFi", Xiaohan from Meter.io

5/

"This collaboration will significantly benefit DeFi, and as a blockchain that values performance and reliability, we're proud to support Pyth's mission to provide secure and reliable price feeds to DeFi apps. We're excited to see the innovative solutions they will enable."

6/

With Meter being #PoweredByPyth, dApps now have access to never before seen assets and markets 🔮

We look forward to supporting exciting Meter based applications and the overall expansion of the ecosystem
https://pyth-network.ghost.io/pyth-price-feeds-live-on-meter/

7/

We invite the Meter ecosystem to explore what Pyth data can do for them 👇

How Pyth Works: https://docs.pyth.network/design-overview

A New Model to the Price Oracle: https://pyth.network/blog/pyth-a-new-model-to-the-price-oracle

Discord: https://discord.gg/invite/PythNetwork

8/

For more information about Pyth deployment on Meter, check out the blog post: https://pyth-network.ghost.io/pyth-price-feeds-live-on-meter/

To discover more on Meter, visit their website: https://meter.io/

If you have any questions, join their Discord: https://discordapp.com/invite/WPjTpMG

Pyth Price Feeds now available on Meter.IO for DeFi Builders

We’re excited to announce that the Pyth Price Feeds are now available on #Polygon #zkEVM 🔮

Builders on #Polygon can now permissionlessly request Pyth’s 200+ price feeds for equities, commodities, FX pairs, and cryptocurrencies

https://twitter.com/0xPolygonLabs/status/1640360125188767745?s=20

2/

Polygon zkEVM a first zk-rollup with source code available, providing complete EVM opcode equivalence for a frictionless user experience and the security of Ethereum

3/

Since its launch in 2022, Polygon zkEVM has seen more than 84,000 wallets created, 5,000 smart contracts deployed, and more than 300,000 blocks produced!

Today, we’re excited to support Polygon zkEVM’s mainnet launch 🔥

4/

“Zero-knowledge based chains are among the most exciting and innovating recent solutions to hit the market, which is one of the reasons why making Pyth data available there is important,” said Mike Cahill, a Director of the Pyth Data Association […]

5/

[…] “We’re excited to continue making Pyth data available everywhere, and specifically the Polygon ecosystem as we continue to equip developers with high-quality data and enable a wide range of new dApps that are powered by Pyth.”

6/ With Polygon zkEVM now #PoweredByPyth, dApps now have access to never before seen assets and markets 🔮

And as a matter of fact, @0vixProtocol, the first borrow-lending protocol, is already #PoweredByPyth 🔮

7/

We invite the Polygon ecosystem to explore what Pyth data can do for them:

Pythnet: https://docs.pyth.network/how-pyth-works/pythnet

Cross Chain Data: https://docs.pyth.network/how-pyth-works/cross-chain

Pyth on EVM: https://docs.pyth.network/pythnet-price-feeds/evm

8/

We look forward to supporting exciting Polygon zkEVM apps like @0vixProtocol and the overall expansion of the Polygon ecosystem 🔮

To learn more, visit our dedicated blog post:
https://pythnetwork.medium.com/pyth-price-feeds-go-live-on-polygon-zkevm-2bcb96fd2207

Pyth Price Feeds Now Available on Polygon

Pyth Price Feeds are now available on @tradingview 🔮

What does this mean for traders and builders?

TA experts can now chart their favorite assets with Pyth data from TradingView directly 📈

DeFi apps can easily integrate Pyth data in their UI with the TradingView plugin 🔌

2/

TradingView is the leading charting platform and social network trusted by 50M+ traders and investors worldwide 🌍

TradingView powered by real-time data and market-leading analysis software, and now, Pyth Data 🔮

3/

This exciting integration opens the doors for developers to leverage Pyth prices from the TradingView plugin and supercharge the visual interface of their platforms!

4/

TA experts shall rejoice too! All 200+ Pyth Price Feeds are accessible from the TradingView interface 👨‍💻

As you use Pyth prices more frequently on TradingView, you’ll be able to find them without filtering!

5/

“We’re excited to bring Pyth to the TradingView ecosystem and give our global customers access to their high fidelity on-chain data as well as derivative instruments for global markets,” said Pierce Crosby, General Manager at TradingView.

6/

“We have been watching the Pyth ecosystem grow for some time, with major traditional finance firms and native crypto networks adding datasets. The scale of the data is tremendous, and we see that it makes sense to share these contributions to the larger investor universe.”

7/

"The addition of Pyth data to TradingView, the number one platform for charting financial data with over 50 million users, is a major success for the network", said Mike Cahill, a Director of the Pyth Data Association […]

8/

"Not only this integration will increase the reach of the Pyth price feeds to the world, but this will enable any #PoweredByPyth applications to quickly super-charge its user interface with the TradingView standard."

9/

How will you define the next generation of DeFi with #PythData and #TradingView?

Join the discussion in our Discord:

https://discord.gg/invite/PythNetwork

11/

If you want to learn more about this integration, check out our blog post:
https://pythnetwork.medium.com/pyth-data-is-live-on-tradingview-97091b923daa

We are pleased to welcome Trebuchet Network, a cutting-edge analytics firm, to the Pyth network 🔮

Trebuchet will offer real-time crypto prices as part of the company’s commitment to share its range of data intelligence on-chain to empower the DeFi ecosystem!

2/

Trebuchet Network is a platform that leverages AI and machine learning to provide accurate market analysis for traders in crypto, forex, commodities, and equities

3/

Furthermore, Trebuchet will incorporate the Pyth data feeds into their Forge platform as a dependable reference rate 🔮

4/

“We are thrilled to be teaming up with Pyth, a leader in on-chain market data solutions,” said Ivo Galic, CEO and founder at Trebuchet Network.

5/

“Our advanced AI capabilities will be an invaluable asset to the Pyth mission of powering on-chain DeFi and Web3 protocols. We look forward to contributing our AI-derived prices and to bringing our range of data intelligence on-chain to support more DeFi products.”

6/

The Pyth network continues to grow as it scales into more symbols, asset classes, and blockchain ecosystems. Think you can contribute? Reach out!

Apply here: https://yyyf63zqhtu.typeform.com/PythDPA

7/

Come discover the 75+ world-class data publishers on the Pyth network 🔮

https://pyth.network/publishers/

Looks like the #crofam on @FulcromFinance is now #PoweredByPyth 🔮

Fulcrom is a decentralized perpetual exchange that allows users to trade with leverage, low fees, and zero price impact while keeping custody of their assets

Learn more about our integration in the 🧵👇

2/

Trading on Fulcrom works much like other oracle-based perpetual exchanges!

Trades are initiated with user’s collateral and are supported by a multi-asset pool—the Fulcrom Liquidity Pool (“FLP”)

FLP earns fees from automated market making, swap fees, and leveraged trading

3/

Fulcrom currently enables users to deposit $BTC, $ETH, $USDC, and $USDT as collateral to trade $BTC or $ETH perps with up 25x leverage

Since launching on Feb 28, Fulcrom has processed few millions in trading volume and has gathered ~$1M in TVL

4/

Thanks to Pyth data, Fulcrom fills user orders at the oracle rate 🔮

By leveraging Pyth’s unique On-Demand Update model, Fulcrom benefits from the freshest oracle price available and can prevent oracle latency arbitrage

5/

“Having fresh data is essential for traders to stay agile and responsive in all market conditions. Fulcrom is integrated with Pyth Data for price and data feeds to keep traders informed, allowing you to get accurate insights and stay alert to market changes and trends." [...]

6/

Fulcrom Finance Product Manager added, “The teams are collaborating with the same goal to enhance the trading experience in Cronos, and we would love to hear your feedback.”

7/

Innovation doesn’t stop here. How will you reimagine DeFi? Join the conversation:
https://linktr.ee/PythNetwork

Build with Pyth:
https://pyth.network/developers

8/

We look forward to further supporting @FulcromFinance and their next developments!

Meanwhile, be sure to follow them:
https://linktr.ee/fulcromfinance

We’re excited to announce that Pyth data is now available on @cronos_chain 🔮

Thanks to contributors from @wormholecrypto and @cryptocom, builders on Cronos can now tap into Pyth’s 200+ price feeds for equities, commodities, FX pairs, and cryptocurrencies!

2/

Cronos is the leading EVM-compatible chain built on the Cosmos SDK

Cronos aims to massively scale DeFi by providing developers with the ability to rapidly port dApps from Ethereum and other EVMs, while also benefiting from the multi-chain thesis of the Cosmos ecosystem

3/

“We are excited to announce the integration of Pyth network with the Cronos chain,” said Ella Qiang, Head of Ecosystem at Cronos Labs. […]

4/

“With Pyth’s integration, Cronos developers can now access reliable, accurate and real-time data feeds that are crucial for onchain smart contracts to interact with off-chain data sources.”

5/

“We look forward to seeing the positive impact this partnership will have on the Cronos ecosystem and our DeFi community.”

6/

Since its launch in 2021, Cronos DeFi total value locked climbed up to $3.5B and currently sits at $400M

We look forward to building the future of finance together on @cronos_chain

7/

We’re also excited to reveal that @FulcromFinance is already #PoweredByPyth 🔮

By integrating with Pyth low-latency price feeds, DEXs can offer lower fees to users, as they are less likely to receive toxic trading flow from using a stalled oracle

8/

“With over 100 dApp integrations over many blockchains, it is clear that applications across the board are quickly realizing the benefits that the Pyth network delivers,” said Mike Cahill, Director of the Pyth Data Association.

9/

“We are excited to further expand to Cronos and empower its community with reliable market data so that builders across DeFi have the infrastructure needed to build the future of finance.”

10/

We invite the Cronos ecosystem to explore what Pyth data can do for them:

Pythnet: https://docs.pyth.network/how-pyth-works/pythnet

Cross Chain Data: https://docs.pyth.network/how-pyth-works/cross-chain

Pyth on Cronos: https://docs.pyth.network/pythnet-price-feeds/evm

11/

We're excited to support exciting Cronos applications such as @FulcromFinance and continue empowering the broader Cronos ecosystem 🔮
https://pythnetwork.medium.com/pyth-data-is-live-on-cronos-bfe39be67ddd

DeFi just became more precise

Introducing: Pyth Benchmarks 🔮

⏩ Instantaneous settlements
⏪ Delayed orders and backfilling

Read more about Pyth Benchmarks—a first-of-its-kind off-chain price oracle—in the 🧵👇

2/ What are benchmarks?

Benchmarks are a broad class of standards used in the financial world to steer market participants’ decisions and arbitrate payouts

🔮 Reference prices (BTC/USD)
🧮 Indices (S&P500)
🏦 Reference rates (LIBOR)
📩 Corporate information (earnings)

3/

Indices like the S&P500 simplify tracking aggregate stock and market performance and replicating these in an investment portfolio

Reference prices and rates enable derivative instruments to be structured in ways that are agreed upon by different parties

4/

In fact, the primary value of a benchmark is its ability to provide standardization

Without conventionally agreed upon benchmarks, every player may end up using a different value in their settlement or evaluation process

5/

The lack of standardization leads to the fragmentation of liquidity for aggregated and derivative products, as two products tracking the same general concept (like weekly BTC options) through two different benchmarks are not fungible together!

6/

Enter Pyth Benchmarks 🔮

Pyth Benchmarks provide access to historical Pyth prices for both on- and off-chain applications

These benchmarks are available for all 200+ Pyth price feeds and accessible from the Pyth website, as well as the Pyth smart contract and Web2 API

7/

The Pyth Benchmarks meet all the requirements of a good benchmark:

🔮 Data is sourced from reputable first-party data providers
🧮 Pyth prices are aggregated on-chain and verifiable
⏩ Prices update every second
⛓️ Prices are available on 13+ different blockchains

8/

It’s not surprising to see DeFi leaders like @ribbonfinance already leveraging Pyth Benchmarks 🔮

9/

Ribbon Finance—the number one DOV on Ethereum—is settling its crypto options weekly at 08.00AM

With Pyth Benchmarks, Ribbon is able to retrieve the necessary settlement prices within seconds of their expiries and settle them instantly, improving their overall UX!

10/

“Pyth price feeds help with accuracy for settlement of options contracts”, said Julian Koh. “There is usually over $100m of open interest we need to settle every week, so the accuracy really matters. Pyth has delivered on this without any hiccups.

11/

Another benefit for options protocols is that the platform market makers will not have to hedge their exposure in between the real-life expiry (08.00AM) and the usual 10-minute delayed settlement provided by existing oracles!

12/

“As a leading institutional crypto trading firm and global derivatives market maker, we are excited to utilise Pyth Benchmarks and its feeds to drive DeFi options protocol development”, said Darius Sit, Founder and CIO of @QCPCapital

13/

“Pyth Benchmarks’ instantaneous settlements, high latency and reputable data help to push the boundaries of the ecosystem, enabling DeFi to progress to the next level. We are delighted to be one of the first crypto players to partner with Pyth on this solution.”

14/

This is only the beginning of Pyth Benchmarks

Future releases will provide access to combinations of prices across assets and times enabling:

1️⃣ Apps to retrieve various TWAPs (1min, 5min, 15min,…)
2️⃣ Creation of indices similar to the S&P500

15/

Discover the Pyth Benchmarks website:
https://pyth.network/benchmarks

Get started with Pyth Benchmarks:
https://docs.pyth.network/benchmarks

16/

Want a deeper dive?

Our research blog goes into greater depth on Pyth Benchmarks:
https://pythnetwork.medium.com/introducing-the-pyth-benchmarks-713f2d5fdcf5

Starting today, you can @BuildOnBase and become #PoweredByPyth 🔵🔮

Thanks to contributors from @wormholecrypto and @Coinbase, builders on Base can tap into Pyth’s 200+ price feeds!

2/

Base is an Ethereum L2 offering a secure, low-cost, developer-friendly way to build dApps


In collaboration with Optimism, Base is built on the open source OP Stack


Base will serve as a home for Coinbase’s on-chain products and an ecosystem where anyone can build!

3/

“We’re excited that Pyth is deploying on Base to support developers looking to build the future of finance and DeFi onchain” – Jesse Pollak, Base Lead

4/

"Ethereum and specifically its burgeoning ecosystem of Layer 2's, we believe to be fundamental to the growth of Crypto, which is why making Pyth data available there is paramount," said Mike Cahill, a director of the Pyth Data Association […]

5/

"We are excited to already expand to Base as it further increases the availability of Pyth data and empowers a wide range of new developers and dApps"

6/

We invite the Base ecosystem to explore what Pyth data can do for them:


Pythnet: https://docs.pyth.network/how-pyth-works/pythnet


Cross Chain Data: https://docs.pyth.network/how-pyth-works/cross-chain


Pyth on EVM: https://docs.pyth.network/pythnet-price-feeds/evm

7/

We look forward to supporting exciting Base apps and the overall expansion of the Ethereum Layer 2 ecosystem 🔮
https://pythnetwork.medium.com/pyth-data-is-live-on-base-testnet-22ca8bd7dbb6

It’s time to get AMPed with #Pyth data ⚡️

@amptoken is a universal collateral token that makes payments instant and final

Learn more about how Amp is #PoweredByPyth in the 🧵👇

2/

Current global payment systems often operate in an opaque fashion with many intermediaries, thus bringing:

💸 Higher cost
🐢 Slow resolution time
⚠️ Counter-party risk

3/

Enter Amp:

When using Amp as collateral, transfers of value are guaranteed against fraud and default while settling instantly

With over 21B Amp staked, the current spending capacity on the Flexa network is over $80M 🤯

4/

1️⃣ Stakers lock Amp in a smart contract to collateralize payments

2️⃣ Spenders pay recipients using their asset of choice. Since collateral is locked in smart contracts, Flexa or any entity that interacts off-chain can instantly authorizes the transaction.

5/

3️⃣ Once the transferred asset settles, the collateral is released back to the collateral pool and stakers paid a fee for securing the transaction

6/

As of today, staking Flexa enables spending of more than 99 different digital assets including $BTC, $ETH, $LTC, $DAI, $CUSD, $ALGO or $DOGE at merchants like Chipotle, Baskin-Robbins, Nordstrom and more

7/

In the future, Amp can use #Pyth data to determine collateral value, which is based the price of the assets used 🔮

With over 100 price feeds available on the Pyth network, we look forward to supporting Amp’s digital asset options

8/

"Ensuring accurate collateral values is mission-critical for every application of Amp. With Pyth data now available on Ethereum, we look forward to integrating Pyth into future Amp products." - Amp Foundation

9/

To learn more about Amp, you can visit their website 👇
https://amptoken.org/

As well as their documentation 📕
https://docs.amptoken.org/

10/

If you are looking to supercharge your application with low-latency, accurate and robust data:

Docs 👉 https://docs.pyth.network

Best Practices 👉 https://docs.pyth.network/consume-data/best-practices

EVM-Chains Developers 👉 https://docs.pyth.network/consume-data/evm

11/

If you have any questions or requests, come let us know in our Discord

We are here to empower you and build the future of finance together 🫂

https://discord.com/invite/PythNetwork

Pyth's Low-Latency Pull Oracles Now Available on Shimmer Testnet

Pyth Price Feeds now available on Meter.IO for DeFi Builders

Pyth Price Feeds Now Available on Polygon

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