Kaiko, a cryptocurrency & blockchain possession market information supplier, today revealed a brand-new combination with Pyth network, an oracle platform that offers safe market information sources for on-chain clever agreements.
Starting this summer season, Kaiko will offer low latency crypto rate information to the Pyth network and firmly provide quality off-chain market information to power clever agreements.
By linking blockchains to off-chain and on-chain market information, the Pyth network empowers decentralized monetary (DeFi) applications. Pyth is now powered by over 50 publishers, consisting of the leading trading companies, exchanges, and crypto business, all streaming real-time rate info on-chain.
The network aggregates this first-party rate information and makes it quickly available for usage by either on or off-chain applications. Pyth natively rests on the Solana blockchain with strategies to broaden throughout other layer ones utilizing the Wormhole bridging system.