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Swaylend Leverages Pyth Network’s Price Feeds

Twitter icon  •  Published 1 year ago on October 25, 2024  •  Hassan Maishera

On Thursday, the Pyth Network announced via X that Pyth Price Feeds is now powering Swaylend, a decentralized lending platform built on Fuel.

Swaylend Leverages Pyth Network’s Price Feeds

On Thursday, the Pyth Network announced via X that Pyth Price Feeds is now powering Swaylend, a decentralized lending platform built on Fuel. Swaylend allows users to supply a base asset to earn interest or borrow a base asset and pay interest, all within a single-asset system. The integration with Pyth Price Feeds integration brings high trust and accuracy to asset pricing on Swaylend.

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 1.5% in the last 24 hours and currently trades at $0.3667 per coin.

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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.