Pyth Network has announced that Cavus Finance, a crypto lending platform, is now utilizing its services. This development underscores the increasing reliance on decentralized financial data solutions within the crypto industry. However, despite such advancements, the market outlook remains bleak. Regulatory pressures and market volatility continue to cast a shadow over the sector. The integration of Pyth's data services into Cavus Finance may enhance operational efficiency, but it does little to alleviate broader concerns about the industry's stability and regulatory challenges.
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