Pyth Price Feeds on Astar zkEVM

EDIT: On March 5, 2024, this blog was updated to reflect the deployment of Pyth Price Feeds on Astar zkEVM’s mainnet environment. This launch follows the testnet deployment in October 2023.

The Pyth Network and its contributors have always championed zero-knowledge (ZK) technology and its transformative potential for Web3. We are now excited to share that Pyth Price Feeds are now available on the newly launched Astar zkEVM—a robust, secure, and interoperable new Layer-2 solution to scale the Web3 experience on Ethereum.

The Pyth Network has also launched its ASTR/USD price feed, which is available on the Astar Network and more than 50 other blockchains.

Astar's smart contract developers can now tap into a rich array of over 450 low-latency price feeds encompassing equities, commodities, foreign exchange pairs, and cryptocurrencies.

“We are excited about integrating Pyth Network suite of permissionless price feeds on Astar zkEVM. The integration and partnership marks an exciting development for all the builders using Astar zkEVM Testnet (zKatana) and unlocks many new use cases in our ecosystem." — Maarten Henskens, Head of Astar Foundation

Who’s Using Pyth Data?

DeFi applications native to Astar zkEVM are already tapping into the Pyth oracle’s low-latency price data to power their protocols.

Keom—an AI-enhanced suite of ZK-powered trading products.

Kinetix Finance—the first decentralized perpetuals exchange on Kava, now expanding to Astar zkEVM.

Astar Network

Astar Network serves as the gateway for projects spanning enterprises, entertainment, and gaming in Japan and beyond. Its mission is to drive global adoption and bring Web3 capabilities to billions of users. It leverages a cross-virtual machine powered by Polygon and Polkadot to offer customizable blockchain solutions that accelerate Web3 adoption.

With zk-powered Ethereum L2 Scaling (zkEVM), EVM, Wasm, and a cutting-edge ecosystem, Astar delivers robust, secure, and interoperable Web3 technology. Astar zkEVM is the new Layer-2 solution to scale a Web3 experience on Ethereum with zero knowledge (ZK) technology. Astar Network adds an EVM equivalent environment that is seamlessly compatible with existing smart contracts, developer tools, and wallets on Ethereum.

To learn more about the Astar Network, please visit their website and documentation.

Pyth Network

Pyth Network is the largest first-party financial oracle solution delivering real-time market data to over 50 blockchains in a secure, transparent manner. Pyth supports over 450 price feeds across major asset classes.

The network comprises some of the world's largest exchanges, market makers, and trading firms contributing their proprietary price data on-chain for aggregation and distribution to smart contract applications. Pyth’s innovative pull oracle design enables apps to "pull" the latest price onto their native chain on demand.

In less than a year since the launch of its cross-chain pull oracle, the network has secured over $1.0B in total value. The Pyth oracle has been used by DeFi protocols in over $150B in trading volume and over 230 on- and off-chain applications. You can learn more from their website and documentation.

What’s Next?

Developers can check out the resources below to get started. If you have any inquiries, please reach out on our socials.

Now that Pyth has officially joined the Astar Network, readers can look forward to the launch of more Astar-native token feeds and applications secured by Pyth data. You can find the price feed catalog on our website and discover which feeds are in the pipeline. If you would like to request a new data feed, you can reach out in the Discord.

Resources

• Pyth Website
• Pyth Docs
• Pyth Best Practices
• Pyth On-Demand Update
• Pythnet
• Pyth on EVM
• Pyth Price Feeds IDs
• Pyth for Off-Chain Use
• Pyth Discord
• Pyth Telegram

We want to hear your feedback. Join the Pyth Discord and Telegram, and follow Pyth on X and LinkedIn. You can also learn more about Pyth here.