Hassan Maishera
The Pyth Network announced via X on Thursday that PropellerHeads has become a data provider for the Pyth blockchain. PropellerHeads will contribute data to support Pyth’s mission of delivering reliable, secure, and real-time asset prices to Web3 developers everywhere.
PropellerHeads joined Pyth’s data publishers network to extend Pyth prices to on-chain prices and liquidity. Its price API is built on its solver and its broad access to liquidity sources. This makes it possible to have a price feed that captures the market mid-price of both on-chain and off-chain tradeable prices.
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 10% in the last 24 hours and currently trades at $0.3715 per coin.
