{"id":83163,"date":"2024-07-01T08:32:19","date_gmt":"2024-07-01T12:32:19","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=83163"},"modified":"2024-07-01T08:32:26","modified_gmt":"2024-07-01T12:32:26","slug":"aleno-joins-pyth-network-as-data-provider","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/aleno-joins-pyth-network-as-data-provider\/","title":{"rendered":"Aleno Joins Pyth Network as Data Provider"},"content":{"rendered":"\n

Pyth Network adds Aleno as a data provider to enhance its price oracle for various financial and on-chain institutions<\/a>.<\/p>\n\n\n\n

\"Aleno
Aleno Joins Pyth Network as Data Provider<\/figcaption><\/figure>\n\n\n\n

Pyth Network, a financial data oracle, has recently disclosed the inclusion of Aleno in its community of data providers. This information was shared with Finbold on July 1.<\/p>\n\n\n\n

Aleno will provide its proprietary data to assist in the security of the Pyth price oracle, accessible to asset managers<\/a>, treasury managers, on-chain corporations, and institutions.<\/p>\n\n\n\n

Aleno is in a unique position to provide Pyth Price Feeds with institutional-quality data that is of the highest quality. This is achieved by utilizing comprehensive market data from active price discovery venues.<\/p>\n\n\n\n

It is anticipated that the new partnership will offer a more secure and efficient decentralized finance (DeFi) experience in over 65 blockchain ecosystems.<\/p>\n\n\n\n

The collaboration was discussed by Antoine Vales, Co-Founder and CEO of Aleno, who stated:<\/p>\n\n\n\n

\n

\u201cCollaborating with Pyth has been an exceptionally high-quality experience, both in terms of their responsiveness and their rigor. Providing on-chain prices is just the first step. We are pleased to continue supporting Pyth\u2019s development and meeting their on-chain data needs.\u201d<\/p>\n\u2013 Antoine Vales, Co-Founder and CEO of Aleno<\/em><\/cite><\/blockquote>\n\n\n\n

The Pyth Network will generate a dependable aggregate price stream to fuel smart contracts by combining Aleno's data with inputs from up to 63 other providers for each feed.<\/p>\n\n\n\n

The Pyth Network is able to satisfy the evolving needs of smart contract developers<\/a> and consumers as a result of Aleno's comprehensive selection of digital asset prices.<\/p>\n\n\n\n

At present, Pyth supports more than 540 real-time price inputs, which are used to power DeFi applications in the Ethereum Virtual Machine (EVM), Cosmos (ATOM), Move, Bitcoin (BTC), and Solana (SOL)\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> ecological systems.<\/p>\n\n\n\n

In June, the Pyth Network also introduced its Pull Oracle on Solana, which allowed developers on the Solana mainnet-beta to access Pyth's oracle prices by requesting updates from the Pythnet appchain.<\/p>\n","protected":false},"excerpt":{"rendered":"

Pyth Network adds Aleno as a data provider to enhance its price oracle for various financial and on-chain institutions. Pyth Network, a financial data oracle, has recently disclosed the inclusion of Aleno in its community of data providers. This information was shared with Finbold on July 1. Aleno will provide its proprietary data to assist […]<\/p>\n","protected":false},"author":36,"featured_media":83171,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[20324,20323,20004],"class_list":["post-83163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-aleno","tag-data-provider","tag-pyth-network"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/alenoLog_schwarz-ec7bd6ddbb0df396d92f6ec39be2d3de.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/83163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=83163"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/83163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/83171"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=83163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=83163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=83163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}