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Pyth Network’s Price Feeds Launches on OPerps

Twitter icon  •  Published 7 months ago on May 27, 2024  •  Hassan Maishera

The Pyth Network announced via X on Friday that its Price Feeds has launched on OPerps, a perpetual options platform designed for efficient and accessible short-term trading on Arbitrum.

Pyth Network’s Price Feeds Launches on OPerps

The Pyth Network announced via X on Friday that its Price Feeds has launched on OPerps, a perpetual options platform designed for efficient and accessible short-term trading on Arbitrum.

OPerps leverages Pyth Price Feeds to ensure accurate and reliable price data for precise and timely settlements. The platform allows users to enhance their returns with high leverage and APYs, providing both Long and Short OPerps to capitalize on market movements. It also includes advanced risk management features and a live options transfer feature for added flexibility.

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 1% in the last 24 hours and is currently trading at $0.4382 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.