What's the main barrier stopping DeFi from competing with traditional finance?

Definitions below 👇

3.3M PYTH staking rewards have been distributed to stakers helping to protect DeFi through Oracle Integrity Staking.

$1,000,000,000,000 in total traded volume.

.@Merkle_Trade is leading the perpetual DEX movement on @Aptos 🥇

The numbers tell the story quite well, with over $15B of cumulative trading volume and 130K traders.

Learn more about Merkle Trade below 🧵

Pyth Network Weekly Recap 🔮

We’re back with this week’s highlights:

• Devcon 2024 recap
• Ecosystem spotlight: @AriesMarkets
• Research spotlight: @Aptos
• 4 new consumer integrations
• 1 new price feed

Let’s dive in 🧵

It’s Supercharged Sunday! ⚡️

This week, we’re diving into how Pyth is supercharging DeFi on @Aptos

Let’s get started 🔮

Ready for some Weekend Wisdom? 🧠

Altcoin ETFs are on the horizon, and they’re set to shake up the crypto world. Let’s dive in 🧵

Welcome to this week’s DeFi Digest 🔮

From new stablecoin records to shifts in crypto policy, Pyth Network is delivering everything you need to know about the latest trends shaping the industry.

Let’s dive in 🧵

Pyth Products Explained #4: Benchmarks

Real-time truth powers trading. But markets need standardized history.

Benchmarks: Historical price data verified on-chain 🧵

Pyth Products Explained #3: Entropy

• Blockchain = predictable by design
• Games, NFTs, betting = need unpredictable outcomes
• Current solutions = slow, expensive, complex to integrate

Entropy creates verified random numbers through a secure two-party commit system 🧵

.@AriesMarkets: The Gateway to Aptos DeFi ♑️

First lending protocol to launch, now leads with: $820M in total value locked • 40% of all Aptos TVL • Top 10 lending platform across chains

How they amassed $820m in TVL 🧵

Happy Thanksgiving 🫶

Tag a pythian you’re thankful for in the comments

Pyth Products Explained #2 : Express Relay

On-chain trades aren't instant. Others can spot your order, pay to jump ahead, and force you to pay higher prices.

This is referred to as 'MEV' and it cost users $150M on just two platforms.

Express Relay lets protocols decide who trades first. You get the price you expect.

Pyth Network has released its CHILLGUY/USD price feed.

@chillguycto, a memecoin on @solana, is a meme character that's all about being super relaxed and not caring much about anything. His whole vibe is “lowkey”.

The Pyth CHILLGUY/USD price feed is available on more than 85 blockchains with early users including @polynomialfi and @avantisfi.

Pyth Products Explained:

Builders are creating the future. We bring them market truth.

First Up: Price Feeds 📈

DeFi on @Aptos is booming, and it runs on Pyth 🌐

Nearly 2B lifetime transactions, 326M in a single day, and $913M in monthly volume. That's what acceleration looks like.

Builders shape the future. We just make sure they have the fastest tools. 🧵

Scaling DeFi lending innovation!

@hyperlendx will use Pyth Price Feeds to access real-time and secure data on @HyperliquidX.

HyperEVM and HyperLend are Pyth-Pilled 🔮

Everybody is asking me for a particular price feed but I am just a chill guy that’s working on it

Your community builds itself a PFP collection and runs its own mint.

Now we can welcome the @PytheniansNFT into the world after a huge collective effort!

Thought we would try out this fresh PFP for a couple of days. Show us yours below!

.@Fluid_Protocol is an over-collateralized, decentralized borrowing platform on @fuel_network enabling users to unlock liquidity by borrowing $USDF against $ETH and staked derivatives without selling their collateral.

Fluid is Pyth-Pilled 🔮

”By integrating Pyth Price Feeds, Fluid ensures accurate and reliable pricing data, strengthening our decentralized borrowing system within the Fuel ecosystem.”