TL;DR Pyth Network's Lazer Oracle offers ultra-low-latency price feeds, bridging the gap between DeFi and TradFi with real-time data updates. Key features include customizable frequency channels and detailed market data, enabling DeFi protocols to compete with centralized exchanges. The launch marks a significant milestone, eliminating inefficiencies and front-running risks, driving growth in the DeFi space.
Pyth Network has introduced Lazer, a new oracle solution designed to complement its existing Pyth Core offering.
Investors today are buying cryptocurrencies that hold strong, as this is a major step towards owning digital assets and gaining financial freedom. This was the picture PYTH and TEZOS painted, holding firm in the cryptocurrency market until recently when their prices started dipping.
The beta phase of Raydium includes over 70 trading pairs with leverage reaching 40x. It also introduces zero maker fees and taker fees set at 0.025%.
Decentralized exchange Raydium will offer future trading to Solana users, with the feature currently available in beta
Raydium launches perpetual futures trading beta with gas-free trading and low fees. Solana DEXs target $650B on-chain derivatives market.
Pyth Network is partnering with Revolut to contribute to both centralized and decentralized financial markets. The pair will distribute Pyth's sophisticated price data through Revolut's massive user base.
Decentralized exchanges (DEX) are increasing their relevance on the cryptocurrency trading landscape, approaching the centralized platforms (CEX) in volume. In this context, Finbold selected three DEX projects to keep an eye for 2025.
Revolut, the U.K.-based digital banking giant, is the latest company to join the Pyth Network as a data publisher.
Revolut breaks new ground as the first traditional finance institution to join Pyth Network as a data publisher, aiming to enhance DeFi market transparency through reliable crypto price feeds.
TL;DR Revolut becomes the first banking data publisher to join the Pyth Network, integrating its data into Pyth's price feeds for DeFi applications. The Pyth Network, which provides real-time market data, will strengthen its infrastructure with this collaboration, expanding its feeds to over 500 sources.
PYTH is down by 9% in the past 24-hours despite the deal.
Revolut has teamed up with Pyth Network to contribute proprietary digital asset price data to its decentralized oracle system. This partnership seeks to empower DeFi applications with precise, real-time market data and improve decision-making for developers and users across blockchain ecosystems. The post Revolut Partners With Pyth Network to Supply Market Data appeared first on Cryptonews.
Pyth Network partners with Revolut to integrate digital asset data into DeFi, bridging the gap between TradFi and Web3.
Revolut will integrate its data into Pyth price feeds, allowing DeFi developers to incorporate it into their decentralized applications.
The Raydium token rose for five consecutive days as its protocol volume rebounded sharply in the last seven days. Raydium (RAY) rose to $5.6, its highest level since Dec. 11 and 50% above its lowest level in December.
Story Highlights The live price of the Pyth token is . This altcoin could hit its potential high of $0.68 in 2025. PYTH price with a potential surge could go as high as $2.56 by 2030. The digital finance world is constantly evolving, and at the forefront of this evolution is the Pyth Network (PYTH).
Of course, nobody knows the future, least of all when it comes to crypto prices.
This major development opens the door for DeFi applications tied to energy markets. By launching real-time oil price feeds, Pyth is bridging the gap between traditional financial markets and decentralized solutions.
Pyth Network has expanded its decentralized oracle services with real-time oil market data for WTI and Brent Crude Oil, enabling DeFi energy market applications.
A closely followed crypto trader and Elliott Wave specialist is forecasting rallies for several altcoins amid a correction in the digital asset markets. Pseudonymous trader Bluntz tells his 304,000 followers on the social media platform X that the utility token for decentralized oracle service Pyth Network (PYTH) has broken out of a bull flag pattern.
Chainlink and Aave prices have done well, becoming some of the top crypto coins in the ongoing bull run. LINK is up by 250% from its August lows, while AAVE has surged by 600% from the year-to-date low.
Raydium, the well-known DEX native to the Solana blockchain, has once again surpassed Uniswap in monthly trading volumes.
If you're into crypto, you've likely heard the buzz around Raydium's RAY token. Its massive 665% rise this year has caught everyone's attention. From dominating Solana's decentralized exchange to smashing revenue records, Raydium has positioned itself as a key player in 2024. What brought so much fuel to the token, let's find out.
Raydium surged 23% to $5.57, supported by bullish patterns, increased inflows, and record-breaking DEX volume dominance in November.
Raydium's native token, RAY, has surged an impressive 665.45% in 2024, cementing its status as one of the year's top-performing cryptocurrencies. The platform recently overtook Uniswap in monthly DEX volumes, fueled by a $23 billion spike within a single week.
As bullish US CPI data fuels Bitcoin price back above $100,000, the biggest Solana DEX Raydium is again in the spotlight after crushing Uniswap's monthly trading volumes
Raydium's success is tied to Solana's dominance in DEX volumes, with Solana capturing nearly 50% of the market in November.
Raydium, the largest automated market maker (AMM) on Solana, managed to overtake Uniswap as the top platform by monthly trading volume.
One of the better-performing cryptocurrencies in 2024 has, perhaps unexpectedly, been Raydium (RAY). Apart from two notable instances where sharp moves to the upside were seen in March and July, the asset has been subject to range-bound price movements for most of 2024.
In November 2024, Raydium, a decentralized exchange (DEX) native to Solana, surpassed Uniswap in terms of monthly volumes for the second consecutive month, according to a crypto report. Discover the impressive figures behind this success!
While digital assets see a sigh of relief with Bitcoin jumping above $98,000, altcoins are swiftly rebounding. Raydium's RAY led the gainers within the past day, following a 29.24% price surge. Besides the ongoing broad market recovery, bullish ecosystem developments contributed to the alt's outperformance in the past 24 hours.
Meme coin trading was a key driver of Raydium's volume with meme coins accounting for 65% of Raydium's monthly volume. Raydium Is King of DEXs Raydium (RAY), a decentralized exchange (DEX) on Solana has exceeded Uniswap‘s monthly DEX volume for two months in a row.
TL;DR Raydium has emerged as a dominant force, consistently outperforming Uniswap in monthly trading volume and capturing a significant share of the market. In November 2024, Raydium processed approximately $124.6 billion in trading volume, surpassing Uniswap's $90.5 billion, largely due to its strong presence within the Solana ecosystem.
Matt Kreiser, a research analyst at Messari, reported that Raydium had eclipsed Uniswap to become the top DEX by trading volume across all chains for two consecutive months. Solana's Raydium(~$125B) outperformed Uniswap (~$91B) in monthly DEX volume by almost 30%.
Solana DEX Raydium surpassed Uniswap in trading volume for two months straight, hitting $124.6 billion in November—a 30% lead!
Billionaire Ray Dalio expressed concerns about rising debt levels in major economies, warning that a looming debt crisis could undermine the stability of various currencies.
Solana-native Raydium beat Uniswap in decentralized exchange trading volumes in October and November, according to Messari.
The CEO of Memeland turned memes into cultural currency with 9GAG. Now, he's using crypto to transform them into tools for engagement and community.
Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose BTC and gold over debt assets.
RAY drops to $5 amid increased sell pressure on centralized exchanges.
Here is how some of your favorite assets concluded the week.
The PYTH token has been on a stunning upward trajectory in recent months, posting an impressive 90.29% price increase in the past 90 days. Trading at around $0.475, PYTH is currently pushing against a significant resistance level at $0.52.
The digital assets landscape saw bullish actions today, with the global crypto market cap surging 1.78% to $3.32 trillion. The upside came as Bitcoin rebounded to a daily high of $97,357 early today. BTC changes hands at $95,650 at press time as enthusiasts await the highly sought-after $100,000 milestone.
Binance's BNSOL introduces a revolutionary staking solution, allowing users to maintain liquidity while earning attractive rewards.
Pyth Network (PYTH) exhibits robust bullishness as it approaches a channel breakout that could trigger a 73% price surge. The altcoin saw renewed bullish momentum over the past day after 21Shares launched multiple four ETPs, including a PYTH one.
Binance announces the launch of Pyth Network (PYTH) on BNSOL Super Stake, offering users PYTH APR Boost Airdrop Rewards for staking SOL into BNSOL.