{"id":17142,"date":"2023-01-31T15:40:38","date_gmt":"2023-01-31T15:40:38","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/01\/31\/pyth-network-expands-price-feeds-solution-to-arbitrum\/"},"modified":"2023-01-31T15:40:38","modified_gmt":"2023-01-31T15:40:38","slug":"pyth-network-expands-price-feeds-solution-to-arbitrum","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/01\/31\/pyth-network-expands-price-feeds-solution-to-arbitrum\/","title":{"rendered":"Pyth Network expands price feeds solution to Arbitrum"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1675177122158-8202db09-c8fc-43c6-acc1-3c14a5ecf384-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1675177122158-8202db09-c8fc-43c6-acc1-3c14a5ecf384-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1675177122158-8202db09-c8fc-43c6-acc1-3c14a5ecf384-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1675177122158-8202db09-c8fc-43c6-acc1-3c14a5ecf384-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1675177122158-8202db09-c8fc-43c6-acc1-3c14a5ecf384.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Pyth Network\u2019s price feeds at the moment are out there on Arbitrum.<\/li>\n<li dir=\"ltr\">Builders inside the Ethereum scaling solution\u2019s ecosystem can now faucet into over 200 price feeds throughout crypto, equities and commodities.<\/li>\n<li dir=\"ltr\">The Pyth expertise is already powering CAP Finance and Perpy Finance on Arbitrum.<\/li>\n<\/ul>\n<p dir=\"ltr\">Pyth Network, an oracle solution supplier that\u2019s primarily built-in throughout the Solana ecosystem, has introduced growth onto layer-2 blockchain protocol Arbitrum.<\/p>\n<p dir=\"ltr\">What this implies is that the Pyth price feeds at the moment are reside on Arbitrum, a scaling solution developedby OffChain Labs for the <a href=\"https:\/\/coinjournal.net\/ethereum\/\">Ethereum<\/a> ecosystem. The Pyth staff famous in a <a href=\"https:\/\/pythnetwork.medium.com\/arbitrum-is-now-poweredbypyth-bc2c7611cbae\" rel=\"noopener noreferrer\" target=\"_blank\">blog release<\/a> on Tuesday that integration will assist the decentralised finance (DeFi) neighborhood on Arbitrum.<\/p>\n<h2 dir=\"ltr\">Pyth to energy Arbitrum dApps<\/h2>\n<p dir=\"ltr\">Arbitrum already integrates with <a href=\"https:\/\/coinjournal.net\/chainlink\/what-is-chainlink\/\">Chainlink<\/a> price feeds. Basically, builders and different Arbitrum customers now even have entry a brand new oracle community with over 200 price feeds, protecting main information wants throughout cryptocurrency, equities, FX pairs and commodities.<\/p>\n<p dir=\"ltr\">Mike Cahill, the Director of the Pyth Data Association, stated that the mixing with Arbitrum is important. One of the explanations, he famous in a press release, is down to the truth that Pyth\u2019s expertise now powers decentralised purposes (dApps) within the Ethereum ecosystem \u2013 essentially the most outstanding sensible contracts blockchains in the present day.<\/p>\n<p dir=\"ltr\">\u00a0\u201c<em>We\u2019re excited to continue our expansion in the Ethereum world, and specifically the Arbitrum ecosystem as we continue to equip developers with high-quality data and enable a wide range of new dApps that are powered by Pyth<\/em>,\u201d Cahill added.<\/p>\n<p dir=\"ltr\">By bringing off-chain information in actual time onto Arbitrum, Pyth helps unlock beforehand inaccessible monetary information for builders on this ecosystem.<\/p>\n<p dir=\"ltr\">As introduced on Tuesday, Pyth\u2019s price feeds already energy Arbitrum-based perpetual DEX platform CAP Finance and decentralised copy buying and selling protocol Perpy Finance.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/oracle-platform-pyth-network-expands-features-to-arbitrum\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Pyth Network\u2019s price feeds at the moment are out there on Arbitrum. Builders inside the Ethereum scaling solution\u2019s ecosystem can now faucet into over 200 price feeds throughout crypto, equities and commodities. The Pyth expertise is already powering CAP Finance and Perpy Finance on Arbitrum. Pyth Network, an oracle solution supplier that\u2019s primarily built-in 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