Revolut Joins Pyth Network
Revolut has become the first banking data publisher to join the Pyth Network. Pyth Network provides real-time market data for decentralized applications.
With over 45 million users worldwide and presence in 200 countries, Revolut will now integrate its digital asset quote and trade data into Pyth’s price feeds, allowing DeFi developers to incorporate it into their applications.
According to Mazen Eljundi, Revolut’s Global Business Head of Crypto, this partnership is a significant step in their mission to modernize finance.
By providing their reliable market data to applications through Pyth, Revolut aims to have a greater impact on digital economies and ensure developers and users have access to accurate real-time information.
As a Pyth oracle network publisher, Revolut’s involvement will help secure the operations of multiple dApps. These dApps can now access over 500 real-time feeds for digital and traditional assets, responsible for a total traded volume of over $1 trillion in 2024, as stated in a press release.