Hassan Maishera
On Thursday, the Pyth Network announced via X that it has launched real-time, on-chain prices for key currencies like INR, IDR, and KRW.
Thanks to these additions, DeFi protocols can now build forex derivatives, stablecoin apps can offer fair, dynamic conversions, and enterprises can hedge currency exposure without relying on banks. By adding these FX feeds, Pyth is bringing another key piece of traditional finance to the decentralized stack—one previously off-limits to nearly everyone.
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 up 1.6% in the last 24 hours and trades at $0.1279 per coin.
