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Pyth Network’s Price Feeds Launches on MYX

Twitter icon  •  Published il y a 2 semaines  •  Hassan Maishera

The Pyth Network announced via X on Friday that its Price Feeds has launched on MYX, a decentralized exchange that enhances trading dynamics using its Matching Pool Mechanism (MPM) on Arbitrum and Linea.

The Pyth Network announced via X on Friday that its Price Feeds has launched on MYX, a decentralized exchange that enhances trading dynamics using its Matching Pool Mechanism (MPM) on Arbitrum and Linea.

MYX leverages Pyth Price Feeds for accurate and timely price data to provide real-time index pricing for its trades. This ensures that MYX trades are executed based on reliable and transparent data from Pyth, which sources its information directly from first-party data providers.

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 9% in the last 24 hours and is currently trading at $0.3908 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.