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Pyth Network Releases the JLP/USD Price Feed

Twitter icon  •  Published 4 months ago on August 13, 2024  •  Hassan Maishera

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

Pyth Network Releases the JLP/USD Price Feed

The Pyth Network announced via X on Monday that the JLP/USD price feed is now available to users. $JLP is the liquidity pool token of the Jupiter perpetual protocol. Rain.fi, Marginfi, Texture, Mango, and NX Finance are the DeFi protocols already leveraging the feed, with more protocols expected to do the same. 

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 1.5% in the last 24 hours and is currently trading at $0.2891 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.