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XMR $599.65 (+0.47%)

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Pyth Network Welcomes PropellerHeads as a Data Provider

Share on · Published 2 years ago on September 27, 2024 ·

Hassan Maishera

The Pyth Network announced via X on Thursday that PropellerHeads has become a data provider for the Pyth blockchain.

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.

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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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