The Pyth Network announced via X on Monday that Re7 Labs has selected Pyth to power and secure their lending vaults on Base with Morpho Labs. The new Pyth oracle Morpho Blue markets allow users to borrow with diverse collateral like weETH, ezETH, rsETH, WOETH, pufETH, rswETH, osETH, apxETH, ETH+, and wstETH.
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 4% in the last 24 hours and is trading at $0.3799 per coin.