Pyth Monthly Update: 20 New PoweredByPyth dApps Integrated

2024.01.09

Pyth Monthly Update: 20 New PoweredByPyth dApps Integrated

There are no signs of any slowdown in December 2023 either.

2024.01.09 - 01:13:15

Pyth

Navigating Web3 tides with focused insights

There are no signs of any slowdown in December 2023 either.

Following a major milestone month for Pyth Network in November, December 2023 showed no signs of slowing down.

The Pyth ecosystem saw significant growth across the board: nearly 20 new dApp integrations, the launch of a suite of new price feeds, onboarding of four new blockchains, the addition of three new data publishers, and over 10 million cross-chain price updates delivered within a single month.

We are thrilled to welcome so many industry pioneers into the Pythian family this holiday season, including Movement Labs, Trader Joe, Folkvang, Mummy Finance, and Cetus.

Many PoweredByPyth partners achieved new milestones in trading volume and product development—all powered by the strength of Pyth data.

Santa Claus and Pythia brought gifts too. First, the establishment of the Pyth governance protocol layer—marking that the future of Pyth Network and its ecosystem now rests in the hands of the Pythian community.

Contributors also recognized the importance of creating a transparent, intuitive, and inclusive social protocol layer. Stay tuned via official channels for updates on these initiatives.

The second highlight came from Data-Driven 2023, Pyth Network’s inaugural ecosystem and developer conference. Over two days, blockchain foundations, exchanges, DeFi founders, and thought leaders delivered keynote speeches and panel discussions.

Mike Cahill and Jayant Krishnamurthy kicked off the event with keynotes covering Pyth Network’s journey since April 2021, the Pyth product suite and latest developments, and the significance of building a truly sustainable oracle network. All sessions were recorded and will be released in January.

Wondering where we’re headed next? To our newest Pyth Network members: welcome aboard, and buckle up. This community of builders and experts has been around longer than you might think.

To our long-time supporters, advocates, ambassadors, and ecosystem contributors—thank you for your continued support throughout 2023.

We are honored to keep pushing the boundaries of DeFi alongside you, and we can’t wait to show you what’s next in the Pythian roadmap.

Partnerships

New Pyth-Integrated dApps

New dApps Using Pyth

Kryptonite, a lending protocol where any asset can generate yield.
Deribet, a unique platform merging leveraged trading with the passion of digital gaming.
Degen Base, a trustless perpetual contracts platform built on Base.
Mummy Finance, a comprehensive derivatives and perpetuals protocol spanning Fantom, Optimism, Arbitrum, and Base.
Copin, a protocol allowing anyone to analyze and replicate on-chain trades from users across Polynomial, Kwenta, and other platforms.
Ununx, decentralized derivatives infrastructure enabling trading of any asset on Arbitrum, creating an open, trustless derivatives market.
FlatMoney, a purely on-chain native currency immune to external financial dynamics.
Unitus, a next-generation multi-chain money market.
Cryptex, a decentralized platform offering premium perpetual products built on Perennial and Arbitrum.
Horizon Protocol, a DeFi platform providing unique opportunities to trade synthetic assets that mirror the risk-return profiles of real-world economic assets.
DropCopy, a prediction game using a peer-to-peer system to determine winners.
Sprk, an oracle-based cross-margin perpetual order book built on Fuel Network.
KTX, a decentralized derivatives and social trading platform on BNB Chain and Mantle.
D8X, institutional-grade perpetual futures products based on Polygon zkEVM.

DeFi Partner Updates

Paradex surpassed $2 billion in total trading volume.
Flash Trade launched on Solana mainnet.
Drift Protocol reached $100 million TVL and surpassed $1 billion in trading volume within 30 days.
Synthetix Perps V3 will launch on Base alongside the Andromeda release, with an Ethereum mainnet version for mid-tier traders and whales rolling out shortly after.
KTX surpassed $1 billion in trading volume.
In December, C3 reached 100,000 users.