back01 Jun 20233 min read
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Pyth Network Monthly Update | May 2023

“May, more than any other month of the year, wants us to feel most alive.” — Fennel Hudson

May has been an explosive month for the Pyth Network, as it joined forces with long-time leaders and exciting upstarts across a multitude of L1 and L2 ecosystems.

It’s our honor to power heavyweights such as Vela, the Arbitrum DEX, and Beluga, the multi-chain oracle-based AMM. Familiar names like Vyper, the DeFi derivatives layer Solana and now Arbitrum, have also integrated Pyth for interesting use cases like on-chain forex trading. But wait, there's more! Pyth's real-time data is also supporting Lyra, Pika Protocol, and Conduit Finance on Optimism, and Helix on Injective (Cosmos).

April showers, May flowers. Let a thousand bloom: we’re looking forward to seeing the results of the Solana Summer Bootcamp and Hackathon, hosted by Encode Club and supported by Phantom, Wormhole, and of course, the Pyth Network. There’s also a Pyth Bounty up for grabs for the best submission!

🤝 Partnerships

Who’s #PoweredByPyth? Who’s publishing data to Pyth?

  • Vela, a leading DEX on Arbitrum, is now #PoweredByPyth
  • Beluga, an oracle-based AMM on Arbitrum, is #PoweredByPyth
  • Vyper, the DeFi derivatives layer on Arbitrum and Solana, is #PoweredByPyth for its on-chain FX trading
  • Lyra, an options AMM on Optimism, has become #PoweredByPyth thanks to Synthetix Perps V2
  • Conduit Finance, a decentralized derivatives trading platform on Optimism and Synthetix, is now #PoweredByPyth
  • Pika Protocol (V4), a decentralized leverage trading platform on Optimism, is now #PoweredByPyth
  • Helix, the decentralized order book exchange for crypto spot and derivatives trading on Injective, is now #PoweredByPyth
  • zkDX, the first decentralized derivatives exchange on zkSync, is #PoweredByPyth
  • Freely Finance, a DeFi native frontend, has integrated D8X backend, a #PoweredByPyth perpetual protocol on Polygon zkEVM
  • FusionX Finance, a decentralized exchange built on Mantle (testnet), is #PoweredByPyth
  • KiloEx, a next generation perpetuals DEX (testnet) on BNB Chain, is #PoweredByPyth
  • Helium, a global network of Hotspots that create public, long-range wireless coverage for IoT devices and cellular devices, is #PoweredByPyth
  • LP Finance, Solana’s first Time-weighted Average Market Maker (TWAMM), is #PoweredByPyth
  • GooseFX, a perpetual futures platform on Solana, is #PoweredByPyth
  • Kamino Finance, the Pyth-powered yield optimizer on Solana, has reached $1 billion in trading volume!
  • Econia, an Aptos built order book layer, is #PoweredByPyth
  • Tsunami Finance, a margin trading and spot exchange #PoweredBypyth on Aptos, launches their mainnet
  • Merkle Trade, a decentralized trading platform built on Aptos and #PoweredByPyth, launched the Aptos Builders Trading Competition
  • Interest Protocol, a DeFi protocol built on Sui, is #PoweredByPyth
  • Kryptonite, a borrow-lending protocol (testnet) on Sei Network, has become #PoweredByPyth
  • Deepr Finance, an upcoming money markets protocol (testnet) on ShimmerEVM, is now #PoweredByPyth
  • Mold, a derivate platform on Conflux, is #PoweredByPyth
  • Tsunami Exchange, a DEX built on the Waves Blockchain, is #PoweredByPyth
  • Skynet Trading, a trading software and investment firm in the digital assets world, is now contributing data to the Pyth Network!

⚙️ Development

New Blockchains? Features? Price Feeds? You want it, we’ve got it.

  • Launch of Pyth Stats V1. Take a peek under the hood and become starstruck by the Pyth Network’s performance
  • Pyth data is now available on Sui Network
  • Pyth data is now available on Injective
  • Coming soon: Pyth oracles on Osmosis
  • New Pyth Price Feeds: XRP (Ripple), CFX (Conflux), INJ (Injective), SUI (Sui Network), BAL (Balancer), PEPE (Pepe), LDO (Lido), ANKR (Anker), SAMO (Samoyed)

📅 Events

Pythian parties near you, online and offline!

  • Hackathon: The Solana Summer Bootcamp and Hackathon, brought to you by Encode Club
  • Workshop: Applying High-Fidelity Market Data in Web3 with Metacamp in Singapore
  • Podcast: Mike Cahill joins Logan Jastremski for a data-driven discussion
  • Watch: Delivering Data to Polygon Developers
  • Pyth Meet-Up: Pyth Data-Driven Happy Hour World Tour at Consensus 2023 in Austin
  • Pyth Meet-Up: Solana Hacker House in Taipei
  • Townhall: Get #PoweredByPyth while #BuildingOnBase
  • AMA: Get charged up with Pika Protocol and Pyth
  • AMA: Revolutionizing DeFi with Perpetual Trading, APIs, and Real-time Data with Polygon
  • AMA: Discussion on cross-chain data and building the next generation of financial dApps with Injective
  • AMA: Interested in high-performant DeFi on Aptos?
  • AMA: The flow runs deep with Tigris Trade and Pyth data
  • AMA: Oracle leaders discuss! UMA and Pyth reflect on next-generation oracle designs
  • Learn2Earn: A field trip to greet the Pythia with Sable Finance

🧑‍🤝‍🧑 Community & Socials

What’s new with the Pythians?

We can’t wait to hear what you think! You can join the Pyth Discord and Telegram, follow us on Twitter, and be the first to hear about what’s new in the Pyth ecosystem through our newsletter. You can also learn more about Pyth here.

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