Hassan Maishera
The Pyth Network announced via X on Wednesday that Cables Finance is a new data publisher to the network. Cables is building a unified DeFi and Cefi liquidity layer, aiming to bring FX on-chain.
Cables has built a suite of products on the Avalanche and Stellar blockchains, supporting both DeFi and CeFi users through a multi-chain DEX and stablecoin bridge. With Cables Finance onboard, real-time FX data can be available directly on the Pyth blockchain for a global development network.
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 7% in the last 24 hours and is currently trading at $0.4399 per coin.
