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Pyth Becomes an Oracle Provider for Mantis

Twitter icon  •  Published 6 months ago on July 10, 2024  •  Hassan Maishera

The Pyth Network announced via X on Tuesday Mantis is opting to implement Pyth as an oracle provider for its chain-agnostic intent settlement framework.

Pyth Becomes an Oracle Provider for Mantis

The Pyth Network announced via X on Tuesday Mantis is opting to implement Pyth as an oracle provider for its chain-agnostic intent settlement framework. Mantis made this decision thanks to Pyth’s strong reputation for providing real-time data on many asset types.

Mantis is a pioneering rollup (L2) on Solana, featuring the Mantis protocol that combines native yield with synchronous composability, enabling chain-abstracted order flow.

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 up by 5% in the last 24 hours and is currently trading at $0.3053 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.