Pyth Network Monthly Update | May 2023
Jun 1, 2023
“May, more than any other month of the year, wants us to feel most alive.” — Fennel Hudson
May has been an explosive month for the Pyth Network, as it joined forces with long-time leaders and exciting upstarts across a multitude of L1 and L2 ecosystems.
It’s our honor to power heavyweights such as Vela, the Arbitrum DEX, and Beluga, the multi-chain oracle-based AMM. Familiar names like Vyper, the DeFi derivatives layer Solana and now Arbitrum, have also integrated Pyth for interesting use cases like on-chain forex trading. But wait, there's more! Pyth's real-time data is also supporting Lyra, Pika Protocol, and Conduit Finance on Optimism, and Helix on Injective (Cosmos).
April showers, May flowers. Let a thousand bloom: we’re looking forward to seeing the results of the Solana Summer Bootcamp and Hackathon, hosted by Encode Club and supported by Phantom, Wormhole, and of course, the Pyth Network. There’s also a Pyth Bounty up for grabs for the best submission!
🤝 Partnerships
Who’s #PoweredByPyth? Who’s publishing data to Pyth?
Vela, a leading DEX on Arbitrum, is now #PoweredByPyth
Beluga, an oracle-based AMM on Arbitrum, is #PoweredByPyth
Vyper, the DeFi derivatives layer on Arbitrum and Solana, is #PoweredByPyth for its on-chain FX trading
Lyra, an options AMM on Optimism, has become #PoweredByPyth thanks to Synthetix Perps V2
Conduit Finance, a decentralized derivatives trading platform on Optimism and Synthetix, is now #PoweredByPyth
Pika Protocol (V4), a decentralized leverage trading platform on Optimism, is now #PoweredByPyth
Helix, the decentralized order book exchange for crypto spot and derivatives trading on Injective, is now #PoweredByPyth
zkDX, the first decentralized derivatives exchange on zkSync, is #PoweredByPyth
Freely Finance, a DeFi native frontend, has integrated D8X backend, a #PoweredByPyth perpetual protocol on Polygon zkEVM
FusionX Finance, a decentralized exchange built on Mantle (testnet), is #PoweredByPyth
KiloEx, a next generation perpetuals DEX (testnet) on BNB Chain, is #PoweredByPyth
Helium, a global network of Hotspots that create public, long-range wireless coverage for IoT devices and cellular devices, is #PoweredByPyth
LP Finance, Solana’s first Time-weighted Average Market Maker (TWAMM), is #PoweredByPyth
GooseFX, a perpetual futures platform on Solana, is #PoweredByPyth
Kamino Finance, the Pyth-powered yield optimizer on Solana, has reached $1 billion in trading volume!
Econia, an Aptos built order book layer, is #PoweredByPyth
Tsunami Finance, a margin trading and spot exchange #PoweredBypyth on Aptos, launches their mainnet
Merkle Trade, a decentralized trading platform built on Aptos and #PoweredByPyth, launched the Aptos Builders Trading Competition
Interest Protocol, a DeFi protocol built on Sui, is #PoweredByPyth
Kryptonite, a borrow-lending protocol (testnet) on Sei Network, has become #PoweredByPyth
Deepr Finance, an upcoming money markets protocol (testnet) on ShimmerEVM, is now #PoweredByPyth
Mold, a derivate platform on Conflux, is #PoweredByPyth
Tsunami Exchange, a DEX built on the Waves Blockchain, is #PoweredByPyth
Skynet Trading, a trading software and investment firm in the digital assets world, is now contributing data to the Pyth Network!
⚙️ Development
New Blockchains? Features? Price Feeds? You want it, we’ve got it.
Launch of Pyth Stats V1. Take a peek under the hood and become starstruck by the Pyth Network’s performance
Pyth data is now available on Sui Network
Pyth data is now available on Injective
Coming soon: Pyth oracles on Osmosis
New Pyth Price Feeds: XRP (Ripple), CFX (Conflux), INJ (Injective), SUI (Sui Network), BAL (Balancer), PEPE (Pepe), LDO (Lido), ANKR (Anker), SAMO (Samoyed)
📅 Events
Pythian parties near you, online and offline!
Hackathon: The Solana Summer Bootcamp and Hackathon, brought to you by Encode Club
Workshop: Applying High-Fidelity Market Data in Web3 with Metacamp in Singapore
Podcast: Mike Cahill joins Logan Jastremski for a data-driven discussion
Watch: Delivering Data to Polygon Developers
Pyth Meet-Up: Pyth Data-Driven Happy Hour World Tour at Consensus 2023 in Austin
Pyth Meet-Up: Solana Hacker House in Taipei
Townhall: Get #PoweredByPyth while #BuildingOnBase
AMA: Get charged up with Pika Protocol and Pyth
AMA: Revolutionizing DeFi with Perpetual Trading, APIs, and Real-time Data with Polygon
AMA: Discussion on cross-chain data and building the next generation of financial dApps with Injective
AMA: Interested in high-performant DeFi on Aptos?
AMA: The flow runs deep with Tigris Trade and Pyth data
AMA: Oracle leaders discuss! UMA and Pyth reflect on next-generation oracle designs
Learn2Earn: A field trip to greet the Pythia with Sable Finance
🧑🤝🧑 Community & Socials
What’s new with the Pythians?
Benchmarks Visualized: Learn how teams like Ribbon Finance use Pyth Benchmarks for precise options settlement!
We can’t wait to hear what you think! You can join the Pyth Discord and Telegram, follow us on Twitter, and be the first to hear about what’s new in the Pyth ecosystem through our newsletter. You can also learn more about Pyth here.
