Ambient Becomes a New Data Provider on the Pyth Network

Monday, 25 March 2024, 15:00

Ambient, a decentralized exchange protocol, partners with Pyth Network to enhance data integrity and security for on-chain assets. The collaboration aims to provide real-time pricing data, increasing efficiency and transparency in financial data on-chain. With Ambient on board, the Pyth Price Feeds ecosystem is poised for significant growth and development.

https://store.livarava.com/e3566cf5-eac0-11ee-aea8-63fd8ea994ba.jpg — Ambient Becomes a New Data Provider on the Pyth Network

Ambient Joins the Pyth Network as a New Data Provider

Ambient, a decentralized exchange protocol (DEX), has partnered with the Pyth Network to contribute real-time pricing data to on-chain assets. This partnership marks a pivotal moment in the strengthening of data integrity and security in the financial realm.

Enhancing Web3 Developer Experience

With the inclusion of Ambient's market data, the Pyth Price Feeds platform is geared to provide a more secure and efficient experience for developers navigating the Web3 landscape. The collaboration aims to boost transparency and enhance the overall integrity of financial data on-chain.

The Vision of Doug Colkitt

Doug Colkitt, the Founder of Ambient Finance, shares his excitement about the collaboration, highlighting the potential of leveraging market data from Ambient to support the Pyth Network ecosystem. This strategic alignment aims to foster a more secure, efficient, and transparent environment for on-chain pricing data.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.