Hassan Maishera
The Pyth Network announced via X on Wednesday that Colend leverages Pyth Network’s Pull Oracle to prevent price manipulation. The Pull Oracle provides Colend with enhanced security, reliable data aggregation, and robust mechanisms, ensuring a more secure and trustworthy lending platform.
Colend is a peer-to-peer borrow-lending protocol on Core DAO, a Bitcoin-powered, EVM-compatible blockchain, and has amassed $200M in TVL.
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 5% in the last 24 hours and is trading at $0.3473 per coin.
