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Pyth Network Releases the GHO/USD Price Feed

Twitter icon  •  Published 6 months ago on June 5, 2024  •  Hassan Maishera

The Pyth Network announced via X on Tuesday that the GHO/USD price feed is now available to users.

Pyth Network Releases the GHO/USD Price Feed

The Pyth Network announced via X on Tuesday that the GHO/USD price feed is now available to users. $GHO is a decentralized over-collateralized stablecoin from GHO that is initially only minted from assets supplied to the Aave Protocol. 

Thanks to this latest development, the Pyth GHO/USD price feed is now available on more than 50 blockchains.

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 6% in the last 24 hours and is currently trading at $0.4676 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.