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Pyth Now Powers Injera

Twitter icon  •  Published 1 year ago on September 13, 2024  •  Hassan Maishera

On Thursday, the Pyth Network announced via X that Injera, a synthetic dollar protocol built on Injective, is now powered by Pyth.

Pyth Now Powers Injera

On Thursday, the Pyth Network announced via X that Injera, a synthetic dollar protocol built on Injective, is now powered by Pyth. Pyth Price feeds allow Injera to get real-time and accurate asset prices to power Injera's money markets and CDP.

Injera offers a crypto-native alternative to traditional banking infrastructure for money management. 

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 6% in the last 24 hours and currently trades at $0.2902 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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