Blockworks report TL;DR: Pyth is the most integrated oracle

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Blockworks report TL;DR: Pyth is the most integrated oracle in DeFi 🔮

Blockworks report TL;DR: Pyth is the most integrated oracle in DeFi 🔮

#DeFi

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🤖 Be yourself. Be decentralized 💬 Join us and @vegaprotocol as we discuss how they will achieve their goal of becoming uncompromisingly decentralized. ⏰ Thu, June 13 at 11 AM UTC 🧠 Set a reminder:

Real World Assets meets DeFi meets Pyth 🔮 Pyth Price Feeds have now deployed on the recently-launched @iota EVM. Developers on IOTA EVM now have access to over 500 real-time price feeds across traditional and digital asset classes. ℹ️ About IOTA and IOTA EVM Founded in 2015, IOTA is a public goods infrastructure to bring trust in our digital world. Through IOTA, governments, organizations and people are able to interact with each other in a secure, trusted and verifiable way. IOTA is one of the most established blockchain projects in the world and is primarily driven by a global ecosystem of non-profit organizations. IOTA EVM is the first fully EVM-compatible smart contract chain on the IOTA network, and enables scalable, fast and secure smart contracts. IOTA EVM boasts: - Parallel processing - Seamless interoperability - Fairness and security All these features enhance the fully EVM-compatible smart contract environment, empowering the next generation of entrepreneurs and innovators to build a better, fairer, and more accessible ecosystem. 🔮 Pyth Data on IOTA EVM Developers on IOTA EVM can now tap into over 500 low-latency price feeds across traditional and digital asset classes. Access to Pyth data is permission with the Pyth pull oracle design. DeFi applications on IOTA EVM have already started integrating: - @DeeprFinance enables users to lend and borrow digital assets without the need for intermediaries. The Deepr platform uses Pyth to value its collateral assets in real-time. - @Virtue_Money is an over-collateralized stablecoin protocol with 0% interest rates and multi-collateral assets support. 🗣️ Quote "The integration of Pyth's oracle services represents an important advancement for the IOTA ecosystem. We are delighted to bring in a source of precise, real-time data, which opens up a multitude of new possibilities for builders utilizing IOTA EVM. This integration enhances data reliability and security, equipping our developers with the critical tools needed to innovate and construct the digital economy of the future." — Susanne Krone, Head of Ecosystem at IOTA Foundation.

If you’re into push, pivot to pull 🔮

$500B in traded volume—facilitated and powered by Pyth 🔮 Pull, don’t push.

The Pyth Network has released its IO/USD price feed. $IO is the native token of @ionet, AI Compute-as-a-Currency solution on @solana, facilitating economic incentives within the network. The Pyth IO/USD price feed is now available on more than 60 blockchains.

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