Injective testnet integrates Pyth Network, allowing developers to build DApps to access institutional data

2023-03-22 23:13:24

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ChainCatcher news, the Cosmos ecosystem smart contract platform Injective has integrated the oracle Pyth Network on its testnet, allowing developers to build DApps to access high-fidelity, high-frequency market data for various assets. This is the first time Pyth data supports the Cosmos ecosystem. Pyth Network introduces an innovative on-demand pull model oracle, where users can push available prices on-chain when needed, enabling everyone in that blockchain environment to access the data point. Pyth operates on Injective via Wormhole. Publishers can send data directly to Pyth in the form of transactions, which are then placed on-chain. When the target chain (such as Injective) requests data, Pyth is able to send the data through Wormhole. (source link)

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Injective Pyth Network DApp oracle

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