🚀 **Pyth Network Surpasses Chainlink in 30-Day Volume!** 🚀

In a surprising twist, Pyth Network has outperformed Chainlink in 30-day transaction volume, hitting a whopping $36 billion! 📈

- **Why the Shift?** Pyth’s pull-based Oracle model, which provides data only upon request, is optimized for high-frequency applications like trading. This contrasts with Chainlink’s push-based model that updates data regularly.

- **Expert Insight:** Niklas Kunkel, CEO of Chronicle, noted that Chainlink is losing market share to Pyth, Chronicle, and Redstone. He emphasized the need for innovation in Oracles to avoid being the Achilles heel of DeFi.

- **Market Dynamics:** Despite Pyth’s surge, Chainlink remains a key player in DeFi, securing high-value assets. However, gaps in scalability and cost-efficiency are becoming apparent.

What do you think about the Oracle wars? Share your thoughts below! 💬