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Zenkai Leverages Pyth Network’s Price Feeds

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

On Tuesday, the Pyth Network announced via X that Pyth Price Feeds now power Zenkai Finance.

Zenkai Leverages Pyth Network’s Price Feeds

On Tuesday, the Pyth Network announced via X that Pyth Price Feeds now power Zenkai Finance. Zenkai is a borrow-lending protocol currently on the testnet on Kakarot zkEVM. 

With Pyth Price Feeds, Zenkai can ensure the prices for its markets are real-time and the most accurate to protect its 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 up 2% in the last 24 hours and currently trades at $0.3451 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.