Monday, December 11, 2023

Pyth (PYTH) Token Debuts at $500M Valuation as 90,000 Wallets Obtain Airdrop



The Pyth Community at present has $1.5 billion in complete worth secured (TVS) throughout 120 protocols, making it the fourth-largest pricing oracle. Competitor Chainlink (LINK), compared, has $14.7 billion in TVS, in accordance with DeFiLlama. Pyth gathers first-party pricing knowledge from exchanges and institutional merchants earlier than sending that knowledge to good contracts.

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