KuCoin is adding a new cryptocurrency called Pyth Network.
Operating on the Solana blockchain, Pyth is a financial ‘oracle’ delivering real-time market data across over 40 blockchains and 350 assets.
It includes ETFs, equities, digital assets, both crypto and non-crypto, and commodities.
Pyth aggregates data from 90+ market makers, financial companies and of course crypto exchanges. The data is processed and distributed on-chain via smart contracts.
So far, Pyth has apparently managed around $80 billion in trading volume.
The price of Pyth is $0.33 at the time of writing, with a total supply of 10 billion PYTH.
This article was crossposted on Publish0x.
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