🔷 The Open Network (TON) and Pyth Network have joined forces to provide developers with highly accurate real-time data. The Pyth pull oracle technology is designed to deliver institutional-grade pricing data, essential for building decentralized applications (dApps) on TON.
🔷 Thanks to this partnership, DeFi projects on TON will be able to support “lightning-fast transactions” to serve a large user base. The integration also aims to increase user engagement on the blockchain platform and enhance the transparency of the network.
🔷 On June 21, Pyth teamed up with the development teams of Morpho and Gauntlet to improve lending and borrowing on the Ethereum and Base blockchains. The goal of this partnership was to offer more secure and efficient lending protocols by utilizing low-latency Pyth price data.