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Pyth Network Releases the FRAX/USD Price Feed

Twitter icon  •  Published il y a 1 mois  •  Hassan Maishera

The Pyth Network announced via X on Monday that the FRAX/USD price feed is now available to users.

The Pyth Network announced via X on Monday that the FRAX/USD price feed is now available to users. FRAX is a decentralized USD-pegged stablecoin issued through the Frax Finance Protocol. Thanks to this latest development, the FRAX/USD price feed is now available to smart contract developers on more than 40 blockchains.

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 by 2% in the last 24 hours and is currently trading at $0.8171 per coin.

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.