TechFlow reports that Messari has released the Pyth Network Q2 State Report. The report shows:
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Demand-side activity grew by 17% in Q2, with Pyth delivering 246 million pull oracle updates across 70 blockchains.
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Pyth transitioned to a pull oracle model on Solana during Q2.
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Pyth Entropy has processed 265,000 requests since its launch at the end of Q1, generating $19,000 in revenue during Q2.
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The Pyth protocol added support for 45 new price feeds, expanded to 14 new blockchains, and was integrated by 51 new applications.
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The data provider network grew by 7% in Q2, reaching 107 providers.
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Launched Express Relay, an off-chain priority auction network designed to eliminate harmful MEV affecting DeFi protocols and participants.
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Pyth oracles were selected by Gauntlet to secure yield vaults for its DeFi lending protocol on Morpho.
