back31 Oct 20232 min read
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Pyth Launches on Boba Network

We're excited to announce that Pyth’s low-latency pull oracles for market data are now available on the Boba Network, a compute-focused Layer 2 solution built on top of Ethereum. The Pyth Network is also launching its BOBA/USD price feed, available on the Boba Network and 40+ other blockchains.

Developers on the Boba Network (ETH) can now permissionlessly access Pyth’s 350+ price feeds for equities, ETFs, commodities, foreign exchange pairs, and digital assets. Boba dApps like Exotix and Lynx are already #PoweredByPyth.

The integration of Pyth on Boba Network is a testament to the evolving synergy between cutting-edge technology and the future of decentralized finance,” said Curtis Schlaufman, Global Head of Marketing at Enya Labs core contributor to Boba Network. “In a rapidly evolving digital landscape, it's partnerships like these that empower developers and users alike, ensuring that the Boba Network remains at the forefront of innovation.”

“We’re excited to see the Pyth Network and its 350 Price Feeds expanding to the Boba Network. For the past few years, layer 2 solutions have experienced significant growth and adoption from both developers and users,” said Marc Tillement, Director, Pyth Data Association. “As a leading oracle network on various Ethereum L2s, we look forward to seeing Boba developers grasp the opportunity to be #PoweredByPyth and build the future of finance on their chain.”


Boba Network

Boba Network is an optimistic-based multichain layer-2 scaling solution that aims to unlock the potential of rollup technology and enable more flexible blockchain communication. The protocol is fully compatible with EVM-based tools and has already deployed multichain support for Ethereum and BNB. Boba Network supports lightning-fast transactions and fees anywhere from 40-100X less than other layer-1s. Additionally, Boba Network is powered by HybridCompute™ technology that brings the power of Web2 on-chain. HybridCompute™ allows developers to leverage off-chain computing and real-world data to build hybrid dapps.

Pyth Network

The Pyth Network is the largest first-party financial oracle network delivering real-time market data to over 35 blockchains securely and transparently.

The network comprises some of the world’s largest exchanges, market makers, and financial services providers publishing their proprietary price data on-chain for aggregation and distribution to smart contract applications.

In less than a year, the network secured more than $2B in total value. Pyth has facilitated over $70B in trading volume and received over 1M client downloads from passionate developers. Pyth supports 350+ low-latency price feeds across digital assets, equities, ETFs, forex pairs, and commodities. You can learn more about Pyth from the website or documentation.


What’s Next?

We look forward to building the future of finance together! Check out the resources below to get started. If you have any questions, please reach out.

Now that Pyth has officially joined the Boba community, you will soon see many more tokens supported on the network as well as Boba applications becoming #PoweredByPyth. You can find our price feeds on our website and discover which price feeds are in the pipeline. If you would like to request a new price feed, please let us know in our Discord.

Resources


We can’t wait to hear what you think! You can join the Pyth Discord and Telegram, and follow us on Twitter. You can also learn more about Pyth here.

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