The IOTA Foundation has integrated Pyth Network’s oracle services into its Ethereum Virtual Machine (EVM), enhancing data accuracy and security for dApps.
Pyth Network, trusted by over 300 applications and 50 blockchains, provides low-latency price feeds for more than 500 assets, making it a key player in the DeFi space.
In the latest development, the IOTA Foundation announced that Pyth Network has deployed its oracle services on IOTA’s Ethereum Virtual Machine (EVM). Oracles are essential for bringing trusted real-world data on-chain, making it accessible for use in smart contracts.
Pyth Network, a first-party oracle network, aims to provide seamless solutions for decentralized exchanges (DEXs), lending protocols, and derivatives platforms. Trusted by over 300 applications and 50 blockchains, Pyth Network also ensures data availability with price updates multiple times per second.
Excited to announce that @PythNetwork launches its state-of-the-art price oracles on #IOTAEVM, deliv

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