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Pyth Network, a leading price feed oracle and market data provider, has launched new price feeds for two blockchain tokens: W and USDB. The price feeds are now available on approximately 50 blockchains that have integrated Pyth into their protocols. W is the governance token for Wormhole, a cross-chain messaging platform that enables developers to create interoperable decentralized applications. USDB, on the other hand, is the native stablecoin of Blast, a new layer-2 network built on Ethereum offering native yield for ether (ETH) and stablecoins. Despite rumors suggesting Blast might be a Ponzi scheme due to its seemingly unsustainable yield rates, the founder, Tieshun Roquerre, has clarified that Blast’s yields are sustainable, sourced from the liquid staking protocol Lido and T-Bills on DeFi protocol MakerDAO. Pyth's native token, PYTH, has experienced a 4.5% drop in the past 24 hours but has seen a 27% increase over the past month. This development is another instance of Pyth answering the call of DeFi and releasing super hot price feeds across multiple blockchains swiftly, unlike other oracles.

Pyth Network, a leading price feed oracle and market data provider, has launched new price feeds for two blockchain tokens: W and USDB. The price feeds are now available on approximately 50 blockchains that have integrated Pyth into their protocols.

W is the governance token for Wormhole, a cross-chain messaging platform that enables developers to create interoperable decentralized applications. USDB, on the other hand, is the native stablecoin of Blast, a new layer-2 network built on Ethereum offering native yield for ether (ETH) and stablecoins.

Despite rumors suggesting Blast might be a Ponzi scheme due to its seemingly unsustainable yield rates, the founder, Tieshun Roquerre, has clarified that Blast’s yields are sustainable, sourced from the liquid staking protocol Lido and T-Bills on DeFi protocol MakerDAO.

Pyth's native token, PYTH, has experienced a 4.5% drop in the past 24 hours but has seen a 27% increase over the past month. This development is another instance of Pyth answering the call of DeFi and releasing super hot price feeds across multiple blockchains swiftly, unlike other oracles.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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