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HomeAltcoinsCrypto exchange OKX partners with Pyth Network to expand its business market

Crypto exchange OKX partners with Pyth Network to expand its business market

On October 14, OKX, Seychelles based cryptocurrency exchange, made the announcement in a recent press release that it will be partnering with Pyth network to provide decentralised applications and business expansion services.

Pyth runs one of the most extensive and trustworthy oracle networks, gathering pricing information from more than 70 of the most influential organisations in the cryptocurrency and conventional financial industries. 

Pyth is able to do data aggregation and publication at sub-second rates, making the data accessible on many blockchains by using the Wormhole communications protocol. Pyth network has shown itself again and again to be the most trustworthy source of financial data for the DeFi ecosystem.

OKX is the leading web3 ecosystem and the second largest cryptocurrency exchange in the world as measured by trade volume. 

OKX is renowned for being the crypto trading software that is both the quickest and most dependable, and it has gained the trust of more than 20 million clients throughout the world. 

In addition to OKX’s exchange, the platform’s newest feature is the OKX Wallet, which allows users to trade GameFi and DeFi tokens while simultaneously exploring the world of non-fungible tokens (NFTs) and the metaverse.

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Reporter
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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