Cōnfīdentia (n.): Assurance, Confidence, Boldness
There’s no network like the Pyth network. Pyth unlocks financial market data for pioneers, innovators, and thought leaders building on-chain and off-chain. It’s our pleasure to empower so many talented teams and highlight their newest launches and debuts.
We here at Pyth believe in a better way: a better way to build an oracle, a better way to build the future of finance. We’re honored to share these values with teams like DeltaFi who are pushing the frontiers of DeFi.
DeltaFi’s mission is simple: to be the most efficient DEX and offer sustainable yields through real-time oracles. Next on their roadmap? Critical integrations for an even better trading experience…
What is DeltaFi?
DeltaFi seeks to build the world’s “most efficient automated market maker” on Solana through an innovative AMM design. DeltaFi’s vision is to provide traders, LPs, and professional market makers with an optimal user experience.
To do this, DeltaFi introduces a pricing algorithm using external market (oracle) data and internal market data (DeltaFi fills and recent trades) coupled with a predictive bond curve. The predictive bond algorithm maintains a fixed ratio between base and quote tokens in the pool by incentivizing users to swap in a desirable direction to keep the pool in a balanced state!
The result? An intelligent AMM model that is more efficient, has bounded liquidity risks, and offers personalized pools and cross-chain capability.
How does DeltaFi use Pyth Price Feeds?
DeltaFi’s new AMM leverages Pyth’s real-time prices to close the price gap with other crypto exchanges by minimizing divergent loss to liquidity providers. More specifically, DeltaFi uses Pyth data to set the fair market price for the predictive bond curve.
Jupiter's Up Next
We are excited to announce our Jupiter Aggregator integration in the coming weeks to offer our users the best price swaps for any assets on Solana!
We are also working on our new liquidity mining program to increase our current liquidity pool.
Finally, we are continuing to build our cross-chain swap capabilities through Wormhole, which will be offered in the near future. Stay tuned!
Get Involved
You can earn 5% of your friends’ yields from trade farming and liquidity mining through our Referral Program by simply sharing your referral link to friends and followers!
We will also be collaborating with the Solana community and hosting AMA’s to give everyone a chance to learn more about DeltaFi and answer questions.
Don’t forget to join us on Twitter and Discord to receive the latest updates on our releases and AMA events.
We can’t wait to hear what you think! Stay updated in our Discord and Telegram, follow us on Twitter, and be the first to hear what’s new in the Pyth ecosystem through our newsletter. Take fate into your own hands.
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