Closing in on 3 million pulled price updates on @gnosischain in just four months, @vegaprotocol is leveraging the Pyth pull oracle to its fullest! Vega is a protocol enabling users to create and trade derivatives products like dated futures or perpetual markets on a fully decentralized network.
Since integrating Pyth’s pull oracle, Vega can permissionlessly update the prices of assets on Gnosis and confidently access up-to-date and accurate price data whenever needed.
The Results: - 9 community-created markets powered by Pyth: $BTC, $SOL, $ETH, $SUI, $ARB, $INJ, $TIA, $SNX, and $LDO — with Pyth having facilitated close to $70M in trading volume! - 95% of Gnosis’ traded volume is from Pyth-supported markets. - 75% of the chain’s current active markets and 100% of the current live perp markets are powered by Pyth.
Integration with Pyth Price Feeds is permissionless. Will you also become powered by Pyth? 🔮
Thanks to the work of the @auroraisnear team, Pyth Price Feeds will be permissionlessly available to all upcoming Aurora Virtual Chains 🔮
Aurora Virtual Chains are dedicated EVM-compatible blockchains built on top of the NEAR Protocol where developers can now tap into Pyth’s 500+ Price Feeds.
Learn more about this integration below:
ℹ️ About Aurora and Aurora Cloud
Aurora is an Ethereum Virtual Machine developed by the team at NEAR Protocol. It provides a ready-to-use solution for developers to run their apps on an Ethereum-compatible platform. This platform is high-throughput, scalable, and future-proof, offering low transaction costs for users.
Aurora Cloud is your one-stop solution for your blockchain infrastructure needs. Go from idea to success in no time, and elevate your business with the power of Web3. Indeed, Aurora Cloud lets you create your own blockchain where you can select your base token and your transaction fee mechanics for a truly customized experience.
🔮 Pyth Price Feeds on Aurora Virtual Chains
Since late 2022, Pyth Price Feeds have been available on Aurora and have been powering leading applications like @aurigami_PLY. The architecture of Aurora Virtual Chains allows for seamless communication with Aurora, providing a direct connection to the Pyth oracle from your own chain.
Therefore, smart contract developers who are transitioning to the rollup-based world can now access over 500 real-time price feeds across traditional and digital asset classes, permissionlessly, thanks to the innovative pull oracle.
🗣️ Quote
“Leveraging Pyth Oracle allowed us to provide a familiar interface to developers building on top of an Aurora Virtual Chain. And thanks to our cross contract calls technology, all virtual chains are communicating with the Pyth Oracle on Aurora Mainnet, providing a simpler integration and support from day 1 for dapps.” — Armand, Product Lead at Aurora.
What proposals and ideas are being explored by the community? 🔮
You can help shape the network. Here are some of the conversations you can join today:
💡 Ideas Bank Discussion:
- Addressing the risk of inaccurate Pyth data to increase the security of DeFi - Express Relay Prototype - Staking and voting rewards for Pyth stakers - Poll: Selecting Domain Provider
- X Oracle — @iam_theRoad for the best content on X. - Zarp’s Champion — @Bluernote for some creative push-up technique. Vibe Curator — hi1001 being a consistent, entertaining, and engaging chatterbox in Discord. - Alpha Predictor — @N0name_Trader always charting and researching, dishing great alpha. - Artisan of Myth — @shaianeviana for their great PIRBs art.
These winners will earn 75 Impact Awards 🔮
Want to be the next MVP? Join the Pyth Discord and give it your best shot!
We’ll be chatting with TriadFi, a protocol enabling fractional ownership of @solana projects through tokenization, about their upcoming NFT launch, Pyth Data, and more!