According to Odaily, Messari recently published the Pyth Network Q2 2024 status report, highlighting several key developments and metrics for the quarter. The report indicates a 17% increase in demand-side activities, driven by Pyth's 246 million pull oracle updates across 70 blockchains. This quarter also marked Pyth's transition to a pull oracle model on the Solana blockchain.

Since its launch at the end of Q1, Pyth Entropy has processed 265,000 requests, generating $19,000 in revenue for Q2. The broader Pyth protocol expanded its support to 45 new price feeds and extended its reach to 14 new blockchains. Additionally, it was integrated into 51 new applications. The publisher network of Pyth grew to 107 data providers in Q2, up from 100 in Q1, reflecting a 7% increase.

Pyth also introduced Express Relay, an off-chain priority auction network designed to mitigate harmful Miner Extractable Value (MEV) that affects DeFi protocols and participants. Furthermore, Gauntlet selected Pyth's oracle to secure its yield vault on Morpho's DeFi lending protocol.