Pyth Network releases weekly report, reflecting multiple highlights of ecological expansion and innovation

Pyth network is a next-generation price oracle solution designed to provide valuable on-chain Financial Marekt data, including cryptocurrency, stocks, forex, and commodities, to projects, protocols, and the public through blockchain technology. The network aggregates First-Party price data from over 70 trusted data providers and publishes it for use by smart contracts and other on-chain or off-chain applications.

 

On November 4th, Pyth Network released its weekly project report. The report shows that Pyth maintains its leading position in total transaction value (TTV) and continues to expand its market influence. The weekly report mentioned that Mike Cahill analyzed the market trend of $BTC in the "Figaro" newspaper, while Niklas Kunkel emphasized the changes in the oracle market. In addition, Pyth Network promotes OpenBB's innovation in data acquisition experience and adds three new chains, further enriching its ecosystem.