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Pyth Network’s Price Feeds Launches on Superseed

Twitter icon  •  Published vor 3 Wochen  •  Hassan Maishera

On Wednesday, the Pyth Network announced via X that Pyth Price Feeds is now live on Superseed.

On Wednesday, the Pyth Network announced via X that Pyth Price Feeds is now live on Superseed. Superseed is an optimistic rollup network that transforms Ethereum scaling into self-repaying loans, maximizing capital efficiency by returning all protocol revenue to its users.

It allows users to access yield at zero percent interest, with loans automatically repaid through protocol-generated fees like sequencer profits, CDP interest, and inflationary rewards.

Built on the OP stack, Superseed offers an open-source, permissionless Ethereum L2 that is fully compatible with existing tools and infrastructure. Key features include a native Collateralized Debt Position (CDP) platform and a unique Proof-of-Repayment mechanism.

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 8.5% in the last 24 hours and trades at $0.3738 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.