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Pyth Network Releases the SWETH/USD Price Feed

Twitter icon  •  Published 2 years ago on March 29, 2024  •  Hassan Maishera

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

Pyth Network Releases the SWETH/USD Price Feed

The Pyth Network announced via X on Thursday that the SWETH/USD price feed is now available to users. SWETH is an ERC-20 token by Swell and it represents a user’s staked ETH inclusive of accrued rewards and penalties from the consensus layer, and MEV and ‘tips’ from the execution layer. Thanks to this latest development, the Pyth SWETH/USD price feed is now available on more than 50 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 1% in the last 24 hours and is currently trading at $0.9036 per coin.

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Hassan Maishera Senior Reporter

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.

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