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Pyth Now Powers Sphinx

Twitter icon  •  Published 4 months ago on September 6, 2024  •  Hassan Maishera

The Pyth Network announced via X on Thursday that Sphinx, an exchange that enables exposure to commodities like energy through perpetual swaps, is now powered by Pyth.

Pyth Now Powers Sphinx

The Pyth Network announced via X on Thursday that Sphinx, an exchange that enables exposure to commodities like energy through perpetual swaps, is now powered by Pyth. Pyth enhances Sphinx by delivering real-time, high-fidelity market data, ensuring accurate pricing and seamless trading experiences, which are critical for our users' decision-making and overall platform efficiency.

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 3% in the last 24 hours and is currently trading at $0.2588 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.