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Pyth Network Welcomes Cables Finance as a Data Publisher

Twitter icon  •  Published 1년 전 on May 16, 2024  •  Hassan Maishera

The Pyth Network announced via X on Wednesday that Cables Finance is a new data publisher to the network.

Pyth Network Welcomes Cables Finance as a Data Publisher

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.

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Author

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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.

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