Hassan Maishera
On Tuesday, the Pyth Network announced via X that the US interest rate curve is now on-chain. With Pyth Rates Feeds, developers can access real-time US Treasury Rates across key maturities, bridging DeFi and traditional finance.
US Treasuries are the backbone of global fixed-income markets, serving as the benchmark for risk-free rates. The US fixed-income and swap market moves trillions of dollars annually, shaping everything from corporate debt to global liquidity.
With this integration, DeFi projects can integrate real-time treasury feeds across the full interest rate curve with the same level of transparency, accuracy, and reliability that Pyth brings to crypto, equities, and forex.
By integrating US Treasuries into DeFi protocols, users can access a broader range of investment options and fine-tune their exposures to better meet their own risk profiles.
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% in the last 24 hours and currently trades at $0.2035 per coin.
