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Pyth Network Releases the THAPT/USD Price Feed

Share on X icon · Published 2 years ago on May 6, 2024 · Hassan Maishera

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

Pyth Network Releases the THAPT/USD Price Feed

The Pyth Network announced via X on Thursday that the THAPT/USD price feed is now available to users. $THAPT is a non-rebasing deposit receipt that is pegged to $APT at a 1:1 ratio from Thala, a DeFi HyperApp and liquidity engine on Aptos. 

Thanks to this latest development, the Pyth THAPT/USD price feed is now available on more than 55 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 6% in the last 24 hours and is currently trading at $0.5560 per coin.

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Hassan Maishera
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.