Pyth Network’s Pull Oracle Launches on the Ton Blockchain

Twitter icon  •  Published 1 month ago  •  Hassan Maishera

The Pyth Network announced via X on Tuesday that its Pull Oracle feature is officially live on the Ton network.

The Pyth Network announced via X on Tuesday that its Pull Oracle feature is officially live on the Ton network. Pyth Network has partnered with the Ton blockchain to unlock high-fidelity data for builders looking to put crypto in every pocket.

Pyth’s pull oracle is set to supercharge the developer experience on TON by offering apps the fastest, most efficient, and most reliable data in Web3. With Pyth, DeFi projects on TON can tap into high-fidelity, real-time prices. Institutional-quality price data enables more sophisticated DeFi services with lightning-fast transactions, a necessary feature for serving a massive global audience.

Pyth can allow game developers on TON to build more immersive and financially viable gaming experiences. Pyth specializes in low-latency data designed to scale to thousands of feeds and assets. This level of speed and scalability empowers TON to serve the next million, then billion users.

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 3.6% in the last 24 hours and is trading at $0.2831 per coin. 

The Open Network (TON) is a decentralized ecosystem built around the TON Blockchain. TON aims to address common limitations faced by blockchain networks, such as scalability, speed, and usability. TON is trading at $6.657, down less than 1% in the last 24 hours.

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Author

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.