TechFlow News — According to official updates, cross-chain oracle project Pyth Network has announced its launch on the Solana mainnet. Developers will now be able to integrate Pyth's real-time price feeds into existing and new DeFi platforms and applications. In addition to building on Solana’s high-speed blockchain, Pyth will soon broadcast market data across the Wormhole network within the coming weeks, enabling communication with DApps on Ethereum, Binance Smart Chain (BSC), and the Terra ecosystem.
Notably, Pyth Network is the first cross-chain oracle capable of delivering real-time institutional-grade market data. It provides high-fidelity data streams for cryptocurrency, U.S. equities, foreign exchange, and commodities markets. To date, some of the world's most established professional traders and exchanges are contributing to Pyth Network, including Jump Trading, GTS, LMAX, Virtu Financial, MIAX/BSX, Genesis Global Trading, FTX, CTC, Akuna Capital, IEX, CMS, CoinShares, DRW Cumberland, XR Trading, Bitso, KGI Securities, and Hudson River Trading.
