According to Foresight News, the oracle project Pyth Network announced that blockchain infrastructure company DouroLabs has become the latest core contributor to the network. Douro Labs will initially work on the Perseus upgrade for Pyth Price Feeds and will also help bring the network to the permissionless mainnet.

Founded in July 2023, Douro Labs is building oracle tools and Web3 infrastructure to expand Pyth’s suite of decentralized data services.