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NxFi Integrates Pyth Network’s Pull Oracle

Twitter icon  •  Published 5 months ago on August 5, 2024  •  Hassan Maishera

The Pyth Network announced via X on Friday that NxFi has integrated its Pull Oracle feature.

NxFi Integrates Pyth Network’s Pull Oracle

The Pyth Network announced via X on Friday that NxFi has integrated its Pull Oracle feature. NxFi relies on price information provided by Pyth’s pull oracle to obtain market prices for tokens, leveraging Pyth's high-fidelity and low-latency data for better risk management. NxFi is a Solana-based lending and RWA protocol. 

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 by 3% in the last 24 hours and is trading at $0.2734 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.