Transforming DeFi: Ondo Finance and Pyth Network’s Innovative Partnership

07/11 08:07

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Ondo Finance and Pyth Network have teamed up to integrate institutional assets across more than 65 blockchain ecosystems, with the aim of enhancing on-chain accessibility to traditional assets for smart contract developers and DeFi users. The partnership has resulted in the launch of the USDY/USD price feed by Pyth, which is now available across multiple blockchains, enabling developers to leverage real-time feeds for Ondo’s yieldcoin, USDY. This collaboration opens new opportunities for developers and projects to integrate institutional assets on-chain, thereby enhancing DeFi’s potential and creating a more composable and dynamic DeFi landscape.

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