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Welcome back to DeFi Digest, your go-to roundup for all things crypto news. Brought to you by Pyth Network 🔮 Let’s jump in 👇
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Every market matures through its metrics of success: • Exchanges: Number of Listed Tokens -> Daily Volume & Market Depth (Trading Activity) • DeFi: TVL -> Volume/TVL Ratio & User Growth • Oracles: TVS -> TTV The common thread? Infrastructure value is proven through active usage and trading growth. Today, Pyth embodies this principle, securing and powering over $900B in traded volume across 80+ networks. 10x growth YoY. As markets evolve, so too should the shared understanding of impact and how it's measured.
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The Pyth Network has released its KAIA/USD price feed. $KAIA is the platform-native cryptocurrency of @KaiaChain, used to enhance the security of Kaia through staking and used to pay transaction fees. The Pyth KAIA/USD price feed is now available on more than 80 blockchains and used by @CapybaraDEX.
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All eyes on @SuiNetwork and Pyth Data 💧 The Sui ecosystem is booming with developers building high performance DeFi apps powered by Pyth. Find out what makes Sui perfect for DeFi, and see which projects are leading the charge 🧵 https://x.com/PythNetwork/status/1854539327428251770/photo/1
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.@agdex_io is a next-gen decentralized perpetual exchange on @Aptos and leverages Pyth Price Feeds 🔮 ”Pyth enables AGDEX to provide a superior experience by prioritizing user needs through intuitive design and seamless functionality, ensuring that every interaction feels natural and provides the most accurate prices for our markets.”
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