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Blockworks report TL;DR: Pyth is the most integrated oracle in DeFi 🔮
#DeFi
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Pyth Network Weekly Recap 🔮 It was a week of Pyth deployments for three new ecosystems, enabling builders to develop better and more secure DeFi applications: - Pyth Price Feeds are now available on @Starknet and @KakarotZkEvm. - Builders on @Tabichain can leverage Pyth Entropy for secure on-chain randomness Learn more below 🧵
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Before Express Relay: Searchers need to negotiate with individual protocols and write bespoke code for liquidations. After Express Relay: Searchers compete for these opportunities without writing bespoke code for each protocol’s interface. Seamless. Competitive. Efficient.
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The Pyth ecosystem is excited to welcome AlgoLI, as a new data provider 🔮 AlgoLI will contribute data for cryptocurrencies and equities to support Pyth’s mission of delivering reliable, secure, and real-time asset prices to Web3 developers everywhere. Learn more below:
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Express Relay is live on EVM mainnets! Some of the top DeFi protocols are already using it. These names comprise $1 billion in TVL across 11 chains: @synthetix_io, @zerolendxyz, @ionicmoney, @synonymfinance, @FulcromFinance, @KeomProtocol, @Jax_Finance, @vela_exchange
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It's community Spaces time again! Join @CHOPPAtheSHARK & @_eileenchen as they unpack the death of MEV, Express Relay, Cycle #1 Impact awards and community happenings over the past week. https://x.com/i/spaces/1lDGLldQNjqGm
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