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Vaultka Leverages Pyth Network’s Price Feeds

Twitter icon  •  Published 1 year ago on October 9, 2024  •  Hassan Maishera

Pyth Price Feeds is now powering Vaultka, a distinctive liquidity hub that enhances decentralized perpetual trading and amplifies the value of the Perp DEX liquidity pool on Solana.

Vaultka Leverages Pyth Network’s Price Feeds

On Tuesday, the Pyth Network announced via X that Pyth Price Feeds is now powering Vaultka, a distinctive liquidity hub that enhances decentralized perpetual trading and amplifies the value of the Perp DEX liquidity pool on Solana.

Vaultka utilizes Pyth Price Feeds for asset pricing on Solana, providing a secure and reliable environment for users and yield optimization.

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 2.7% in the last 24 hours and currently trades at $0.311 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.