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Pyth Network Now Powers Kinetix Finance

Twitter icon  •  Published 2 weeks ago  •  Hassan Maishera

The Pyth Network announced via X on Monday that it now powers Kinetix Finance, the first decentralized perpetual exchange on Kava.

The Pyth Network announced via X on Monday that it now powers Kinetix Finance, the first decentralized perpetual exchange on Kava. Kinetix has now launched its Perp V2 on Pyth.

Thanks to this integration, users can benefit from zero-impact trades and no slippage compared to the oracle price and traders benefit from the TradingView Pro Charting.

Pyth Network is an innovative decentralized oracle that sources financial market data from over 90 first-party publishers, including major exchanges and market-making firms worldwide. PYTH is down by 1% in the last 24 hours and is currently trading at $0.5588 per coin.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.