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Pyth Network Implements Price Feed into Morph Testnet for Enhanced DeFi Applications

Pyth Network Implements Price Feed into Morph Testnet for Enhanced DeFi Applications

CointimeCointime2024/04/25 00:43
By:Cointime

Pyth Network has integrated its price feed into Morph testnet, providing over 500 real-time price feeds from Pyth across various asset classes. This collaboration with Morph's layer-2 platform will enable developers to create innovative DeFi applications that leverage reliable data and scalable infrastructure. Morph's layer-2 solution uses zero-knowledge technology and optimistic rollups to enhance the Ethereum scaling experience, while Pyth's price feed on Morph will secure its DeFi ecosystem and offer new tools for developers to integrate into their smart contracts. Additionally, Morph is fostering its ecosystem through its Sparkloom initiative, which includes a hackathon and incubator program.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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