🚀 The Pyth Network, a data oracle providing reliable price data for various real-world assets on different blockchains, has launched its price feeds on the IOTA EVM. This launch is an important step forward for both parties, opening up new opportunities for decentralized finance (DeFi) applications on the IOTA blockchain.

🔗 Pyth integration allows IOTA to provide real, accurate price data to its DeFi applications. This is expected to improve the performance and reliability of DeFi projects on IOTA and may attract developers and users to their environment.

👥 Some DeFi applications on IOTA EVM are already benefiting from integration with Pyth Price Feeds. For example, Deepr Finance and Virtue Money use Pyth data to offer more accurate pricing for their services.

🎉 “Integrating Pyth Price Feeds into the IOTA EVM is a game changer for our ecosystem. It brings quality, real-world data to our DeFi applications, enabling more innovative and reliable solutions for our users,” said Suzanne Krone, Ecosystem Lead at the IOTA Foundation.

What are your thoughts on this progress? 🤔 Leave your comments below!