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Pyth Network Introduces the Gelato 1-Click Native Price Oracle Module

Twitter icon  •  Published 4 months ago on September 9, 2024  •  Hassan Maishera

The Pyth Network announced the introduction of the Gelato 1-Click Native Price Oracle Module via X on Friday.

Pyth Network Introduces the Gelato 1-Click Native Price Oracle Module

The Pyth Network announced the introduction of the Gelato 1-Click Native Price Oracle Module via X on Friday. Leveraging Pyth’s advanced price oracle infrastructure, Gelato’s 1-click Price Oracles Module on Base L3s provides users and developers with low-latency, reliable price feeds.

Natively integrated into the OP Stack, the module is available for all 1-Click Base L3s. Prices are published to and verified by a single Rollup and disseminated to all other Rollups. The 1-Click module significantly reduces the complexity and costs of service deployments, setting a new standard in Web3 infrastructure.

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 1.6% in the last 24 hours and currently trades at $0.2656 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.