What kind of applications are being built using Pyth Network today?
Replied byMike Cahill
Founder at Pyth Network
Niche: Cryptocurrency, Finance, Technology
Revenue: Not Disclosed/month
Location: Switzerland
Started: 2021
Mainly two types—leverage and trading. For leverage, apps like Camino use our data to price collateral and manage loans. On the trading side, some protocols allow users to trade directly at the Pyth price, while others use our data to manage funding rates and keep derivatives aligned with spot markets.
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