TON and PYTH Partner to Power DeFi with Real-Time Data!

$TON and $PYTH Network have joined forces to bring institutional-grade, real-time price feeds to the TON blockchain, elevating DeFi innovation. This partnership integrates Pyth’s pull oracle data technology into the TON ecosystem, providing developers with high-fidelity data essential for building advanced decentralized applications (DApps).

The collaboration aims to offer TON developers access to “𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥-𝐪𝐮𝐚𝐥𝐢𝐭𝐲 𝐩𝐫𝐢𝐜𝐞 𝐝𝐚𝐭𝐚,” which is crucial for creating standout DeFi solutions. Pyth’s technology ensures this data is secured by multiple layers of protection, enhancing confidence in the reliability of the information.

𝐌𝐢𝐜𝐡𝐚𝐞𝐥 𝐂𝐚𝐡𝐢𝐥𝐥, CEO of Douro Labs and a key contributor to Pyth, highlighted that these measures are designed to support DeFi projects and serve a vast global audience. The partnership promises to boost TON’s ability to provide lightning-fast transactions and improved financial services, further strengthening its position in the DeFi space.

This development aligns with TON’s goal of expanding its on-chain presence, supported by Pyth’s low-latency data capabilities. For TON builders, this means the ability to confidently develop and deploy services, including those already operational on other blockchain networks.

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