The Pyth Network announced via X on Thursday that Amulet Oracle has integrated its Oracle Feeds. Amulet is a Web3 platform that lets users earn yields on their assets with added security features like built-in protection to safeguard investments against significant market drops.
The protocol utilizes Pyth Network's oracle feeds for critical assets like mSOL and bSol. This integration enables the AmuShield feature to protect investments by monitoring and responding to price fluctuations.
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 13% in the last 24 hours and is currently trading at $0.9170 per coin.