Hassan Maishera
The Pyth Network announced via X on Friday that its Price Feeds has launched on MYX, a decentralized exchange that enhances trading dynamics using its Matching Pool Mechanism (MPM) on Arbitrum and Linea.
MYX leverages Pyth Price Feeds for accurate and timely price data to provide real-time index pricing for its trades. This ensures that MYX trades are executed based on reliable and transparent data from Pyth, which sources its information directly from first-party data providers.
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 down by 9% in the last 24 hours and is currently trading at $0.3908 per coin.
