back17 Jul 20232 min read

Pyth Launches Price Oracles on Mantle

We’re excited to reveal that the Pyth Network’s low-latency pull oracles are now available on Mantle, a high-performance Ethereum layer-2 network built with modular architecture delivering high security at low fees.

Developers on Mantle can now build with Pyth’s 250+ price feeds for equities, commodities, foreign exchange pairs, ETF’s, and cryptocurrencies.

The network is looking forward to supporting leaders in the Mantle DeFi community including FusionX, and Pinnako Exchange, two decentralized perpetual trading platforms.


Mantle

Mantle is a high-performance Ethereum layer-2 network built with modular architecture delivering high security at low fees. Builders can leverage Mantle’s unique design to build dApps with exceptional UX, all while relying on Ethereum’s unrivaled security.

Why Mantle?

  • Hyperscale Performance: Mantle combines roll-up technology with a decentralized data availability layer, driving supercharged performance with low fees and faster finality.
  • Unparalleled Security: Ethereum’s roll-up technology ensures that high throughput comes with unrivaled security in a familiar EVM environment for both developers and users. Additionally, as the first L2 network partner for restaking protocol EigenLayer, Mantle directly inherits security from Ethereum while offering high performance at low fees.
  • Community Owned & Accelerated: Mantle is the world’s first DAO-led L2 network backed by BitDAO and governed by the sizeable and growing $BIT community.

For more information on Mantle, please visit their website or documentation., or follow Mantle Twitter, Mantle Devs Twitter, Discord, Telegram, Youtube or Medium.

Pyth

The Pyth Network is the largest first-party financial oracle network delivering real-time market data to over 20 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 $2.0B in total value. Pyth has facilitated more than $50B in trading volume and received over 1M client downloads from passionate developers. Pyth supports 250+ low-latency price feeds across digital assets, equities, ETF’s, forex pairs, and commodities. You can learn more about Pyth from their website and 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 Mantle mainnet, you will soon see many more Mantle-based applications becoming #PoweredByPyth. You can find the price feeds available 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, 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.

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