Messari: Pyth Network demand-side activity grew 17% in the second quarter
Messari has released the Pyth Network Q2 status report. The report shows that demand-side activity increased by 17% in Q2, and Pyth published 246 million oracle update requests across 70 blockchains. Pyth shifted to pulling oracle models on Solana in Q2. Since the launch of Pyth Entropy at the end of Q1, it has processed 265,000 requests and generated $19,000 in revenue in Q2. The Pyth protocol has added support for 45 new price feeds, expanded to 14 new blockchains, and integrated into 51 new applications. The data provider network grew by 7% in Q2, reaching 107. The Express Relay was launched, a chain-off priority auction network, to eliminate harmful MEV that affects DeFi protocols and participants. The Pyth oracle was selected by Gauntlet to provide security for its yield vault on Morpho's DeFi lending protocol.
Infinex has distributed 1 million PYTH to users who hold the Early Craterunner badge
On July 13th, Infinex Treasury approved the distribution of 1 million PYTH tokens to 2,023 users who hold the "Early Craterunner" badge. This equates to 494.32 PYTH tokens per user and there is no need for manual application as the tokens have already been sent to the corresponding wallets.
More than 980 million PYTH are pledged, with more than 140,000 pledgers
According to Dune data, there are 141,045 PYTH stakers. Currently, a total of 987,146,658 PYTH tokens are in staking status, equivalent to approximately 414,595,673 US dollars.
Over $460 million worth of PYTH is pledged
Acording to Dune data, there are currently 1,060,325,980 PYTH tokens in staking, with a total staking value of $467,513,629. The number of PYTH stakers is 146,114.
Pyth Network's cumulative transaction volume has exceeded 300 billion US dollars
Pyth Network stated in its Q1 summary report that its cumulative trading volume has exceeded 300 billion US dollars, providing services to more than 330 applications on over 55 blockchains, and currently providing real-time price information for over 500 categories of traditional and digital assets.
PYTH breaks through $1 and continues to hit record highs
According to the market data, PYTH has broken through $1 and is currently trading at $1.002, with a daily increase of 14.31%. The market is volatile, so please be prepared for risk control.
Pyth Network price feed has been launched on Injective inEVM
According to official sources, Pyth Network announced that its Price Feeds feature has been launched on Injective inEVM. This deployment follows the launch of Pyth Price Feeds on the Injective mainnet in April 2023.
Pyth Network launches STG/USD price feed data service
Pyth Network announced the launch of STG/USD price feed data services. STG is the native token of the liquidity transfer protocol Stargate Finance, and related price feed data is currently available on more than 50 blockchains.
Pyth Network launches price feeding service on Hedera
Oracle project Pyth Network announced the launch of price feed services and Pyth Benchmarks on the open-source proof-of-stake blockchain Hedera. Pyth will provide a pull-based oracle design, allowing Hedera users and developers to access the latest price updates covering over 400 ultra-low latency price sources for cryptocurrencies, forex, commodities, stocks, and exchange-traded funds (ETFs).
The number of PYTH pledgers exceeds 190,000, and a total of more than 1.25 billion PYTH are pledged.
According to Dune data, the number of PYTH stakers has exceeded 192,000. Currently, a total of 1,256,237,705 PYTH tokens are staked, worth over $710 million.