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DeFi News

Pyth Price Feeds Integrate With Astar zkEVM Mainnet

Notably, the launch includes the introduction of the ASTR/USD price feed on the Astar Network.

Written By Dishita Malvania
Published March 6, 2024 6:01 PM·Updated 2 years ago
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Polygon Addresses zkEVM Outage Amid Community Concerns

In a groundbreaking move on March 5, 2024, the Pyth Network unveiled the integration of Pyth Price Feeds onto the Astar zkEVM mainnet, propelling Web3 innovation to unprecedented heights. 

This milestone, following the successful testnet deployment in October 2023, solidifies Pyth’s commitment to pioneering zero-knowledge (ZK) technology within the blockchain sphere. 

Notably, the launch includes the introduction of the ASTR/USD price feed on the Astar Network, augmenting accessibility across more than 50 blockchains.

Astar’s ecosystem now boasts over 450 low-latency price feeds spanning equities, commodities, forex pairs, and cryptocurrencies, empowering smart contract developers with unparalleled market data accuracy.

Maarten Henskens, Head of Astar Foundation, expressed enthusiasm for the integration, highlighting its transformative potential for builders utilizing the Astar zkEVM Testnet (zKatana). This symbiotic partnership ushers in a new era of possibilities, fueling innovation and fostering diverse use cases within the Web3 landscape.

Astar Network acts as the doorway for ventures across corporate, entertainment, and gaming sectors within Japan and internationally. Its objective is to promote worldwide acceptance and introduce Web3 features to billions of users. 

Also Read: Pyth Network Launches Pyth Price Feeds on Hedera

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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