{"id":20174,"date":"2025-01-09T17:27:22","date_gmt":"2025-01-09T15:27:22","guid":{"rendered":"https:\/\/forklog.com\/en\/revolut-to-supply-market-data-to-pyth-networks-defi-oracles\/"},"modified":"2025-01-09T17:27:22","modified_gmt":"2025-01-09T15:27:22","slug":"revolut-to-supply-market-data-to-pyth-networks-defi-oracles","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/revolut-to-supply-market-data-to-pyth-networks-defi-oracles\/","title":{"rendered":"Revolut to supply market data to Pyth Network\u2019s DeFi oracles"},"content":{"rendered":"<p>Pyth Network has struck an agreement with Revolut under which the fintech will supply \u201cquotes and trading data\u201d to the oracle network.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Revolut, the digital banking giant serving 45M users across 200 countries, just became a Pyth Network data publisher!<\/p>\n<p>Real-time price feeds from a fintech giant = better data for builders, more transparency for users.<\/p>\n<p>The future of finance isn&#8217;t either\/or \u2014 it&#8217;s both. ? <a href=\"https:\/\/t.co\/9KKIMBlyE9\">pic.twitter.com\/9KKIMBlyE9<\/a><\/p>\n<p>\u2014 Pyth Network ? (@PythNetwork) <a href=\"https:\/\/twitter.com\/PythNetwork\/status\/1877007388777271410?ref_src=twsrc%5Etfw\">January 8, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The collaboration will support the secure operation of <span data-descr=\"decentralized applications\" class=\"old_tooltip\">dapps<\/span> on Pyth. These will be able to tap more than 500 real-time feeds covering digital assets, foreign exchange, equities and commodities.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cReal-time quote streams from a fintech giant = better data for builders, more transparency for users. The future of finance is not \u2018either\/or\u2019 but \u2018both.\u2019\u201d<\/em> \u2014 the statement said.<\/p>\n<\/blockquote>\n<p>Revolut called the arrangements with Pyth a \u201cnatural evolution\u201d.<\/p>\n<p>In May 2024 the fintech firm <a href=\"https:\/\/forklog.com\/en\/news\/revolut-launches-cryptocurrency-exchange\">introduced<\/a> Revolut X \u2014 a cryptocurrency platform separate from the app and focused on experienced traders.<\/p>\n<p>Douro Labs CEO Mike Cahill <a href=\"https:\/\/cointelegraph.com\/news\/pyth-revolut-partnership-defi-data-integration\">saw<\/a> the partnership as \u201cproof of the final erasure of the boundaries between <span data-descr=\"traditional finance\" class=\"old_tooltip\">TradFi<\/span> and Web3, which creates the basis for a genuine global financial market\u201d.<\/p>\n<p>According to the executive, Pyth Network aims to accelerate the pace at which DeFi can outpace TradFi and enable developers to build competitive dapps.<\/p>\n<p>The oracle network <a href=\"https:\/\/kpi.pyth.network\/\">provides<\/a> 637 data feeds from 122 providers across 93 blockchains as of the end of 2024.<\/p>\n<p>In January 2025 Ripple partnered with Chainlink to speed the integration of the RLUSD stablecoin into the DeFi sector.<\/p>\n<p>Three months earlier the Chainlink oracle team<a href=\"https:\/\/forklog.com\/en\/news\/chainlink-unveils-major-upgrade-link-rises-nearly-5\"> unveiled<\/a> an update to the Chainlink Runtime Environment designed to scale the platform to \u201cthousands of blockchains\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pyth Network has struck an agreement with Revolut under which the fintech will supply \u201cquotes and trading data\u201d to the oracle network. Revolut, the digital banking giant serving 45M users across 200 countries, just became a Pyth Network data publisher! Real-time price feeds from a fintech giant = better data for builders, more transparency for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1389,1093,1396,1110],"class_list":["post-20174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-oracles","tag-defi","tag-revolut","tag-web-3-0"],"aioseo_notices":[],"amp_enabled":true,"views":"71","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20174"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20174\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20173"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}