Partnering with Pyth Network 🔮
Delivering institutional grade price feeds on KTX.Finance!
Hey KTX Fam! We are delighted to announce a partnership with Pyth Network, a leading oracle provider that publishes financial market data to multiple blockchains. Pyth’s market data is contributed by over 90 first-party data providers, including some of the biggest exchanges and market making firms in the world.
KTX.Finance is excited to have integrated with Pyth’s oracle price feeds that are designed to be fast, accurate and reliable. As the first decentralized perpetual exchange on Mantle, delivering reliable and accurate price feeds to traders is paramount.
#PoweredByPyth
KTX.Finance is now #PoweredByPyth, and has access to sub-second and permissionless price updates for over 350 price feeds on Mantle.
Price feeds update multiple times per second — you can see live price updates on the pyth network website. Each price update is a robust aggregate of multiple data providers’ reported prices. The oracle uses a robust aggregation procedure to guarantee that a small number of colluding (or simply accidentally incorrect) providers cannot substantially influence the aggregate price. Feeds are also reliable due to the redundancy between providers.
With that, we’re excited to have the opportunity to join the Pyth Network Ecosystem, and we look forward to achieving greater heights together!
