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Pyth Network partners with Morpho and Gauntlet to improve lending experience on Ethereum and Base

2024-06-21 12:47
Odaily News Pyth Network is working with Morpho and Gauntlet to improve the lending experience on Ethereum and Base, aiming to provide a more efficient and secure lending protocol by using Pyth's low-latency price data. Michael Cahill, co-founder and CEO of Douro Labs, a core contributor to Pyth, said that Pyth Network's low-latency price data provides the latest market prices for DeFi protocols, greatly reducing the risk of outdated information that may lead to incorrect pricing and transaction execution. (cointelegraph)