back17 Jan 20242 min read
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Lumoz and Pyth Launch Low-Latency Price Feeds Now Live on zkFair

Providing fair access to market data to everyone has been the layer on which the Pyth Network was built. Today, we’re bringing price feeds to zkFair, the first community ZK-Rollup based on Polygon CDK and Celestia DA, all managed by Lumoz, a decentralized ZK-RaaS network featuring ZKP mining.

This partnership will make the 400+ Pyth Price Feeds available—permissionlessly—to all developers building the future of finance on zkFair. Part of this deployment and this deeper partnership, zkFair has committed to share a part (25%) of the fees collected by the sequencer to the Pyth Data Association.

“The Pyth Data Association is excited to establish a sustainable system where Pyth's data services are made available to the zkFair community and where Pyth and zkFair are aligned on expanding developer activity for the long term,” commented Marc Tillement, Director, Pyth Data Association.

zkFair

ZKFair is the first community ZK-L2 based on Polygon CDK and Celestia DA, powered by Lumoz, a ZK-RaaS provider. ZKFair utilizes stablecoin USDC as the gas token. ZKFair ensures 100% EVM compatibility, exceptional performance, minimal fees, and robust security.

To learn more about zkFair, please visit their website.

Lumoz

Lumoz is a decentralized ZK-RaaS (ZK-Rollup as a Service) platform as well as a PoW (Proof of Work) network that facilitates ZKP (Zero-Knowledge Proof) mining. It employs a hybrid consensus mechanism combining PoS and PoW. This platform offers a unique feature for Web3 developers, namely, the ability to generate zkEVM application chains with a single click. The multitude of ZK-Rollups brings about a substantial need for computational power, creating a beneficial mining environment for global miners.

To learn more about Lumoz, please visit their website.

Pyth

The Pyth Network is a first-party financial oracle network designed to provide low-latency real-world data to multiple blockchains securely and transparently.

Pyth incentivizes some of the world’s largest institutional market participants — exchanges, market makers, and financial services providers — to share their data to the network. Pyth aggregates this data on-chain for smart contract applications to use. These applications can pull Pyth prices on-chain when needed.

In less than a year, the network secured more than $2.0B in total value. Pyth currently supports 400+ real-time price feeds across crypto, equities, ETF’s, FX pairs, and commodities, and has facilitated more than $100B in total trading volume across over 50 blockchain ecosystems.

For more information about Pyth, please visit the website or documentation.


What’s Next?

We invite readers and developers to explore the resources below to get started with Pyth Data. If you have any questions, please reach out.

You can find the full catalog of Pyth Price Feeds available on our website and discover which price feeds are in the pipeline. If you would like to request a new price feed, please let us know in our Discord.

Resources


We can’t wait to hear what you think! You can join the Pyth Discord and Telegram, and follow us on X and LinkedIn.

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