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Hemi Network Leverages Pyth Network’s Price Feeds

Twitter icon  •  Published 1 month ago  •  Hassan Maishera

On Tuesday, the Pyth Network announced via X that Pyth Price Feeds is now powering Hemi Network.

On Tuesday, the Pyth Network announced via X that Pyth Price Feeds is now powering Hemi Network. The Hemi Network is a modular Layer-2 protocol powered by Bitcoin and Ethereum that provides superior scaling, security, and interoperability.

On the day of launch, the 500+ Pyth Price Feeds will be available permissionlessly to all DeFi builders on Hemi to supercharge their protocols’ infrastructure with secured, real-time, and accurate financial data. Pyth's oracle infrastructure will enable the Hemi ecosystem to access secure and reliable data in real-time.

Pyth Network is an innovative decentralized oracle that sources financial market data from over 90 first-party publishers, including major exchanges and market-making firms worldwide. PYTH is down 2.7% in the last 24 hours and currently trades at $0.311 per coin.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.