Keyrock Trading Joins Pyth Network as New Data Provider

At this time, the Pyth Community welcomes Keyrock to its knowledge supplier group, enhancing the oracle community’s capabilities for powering a whole lot of DeFi functions throughout greater than 60 blockchains.

—

Keyrock, a number one algorithmic buying and selling and market-making agency for digital property, has been on the forefront of pricing property and scaling liquidity since 2017. Their intensive expertise and technical experience will bolster Pyth’s Value Feeds providing, making certain a safer and environment friendly DeFi ecosystem.

Increasing On-Chain Participation

On this partnership, Keyrock will contribute proprietary market knowledge for cryptocurrencies, international alternate pairs, commodities, and US equities to the Pyth oracle. The Pyth Community aggregates knowledge from as much as 63 different first-party suppliers, producing a strong and dependable worth feed that helps good contract operations. This complete worth knowledge serves DeFi functions throughout numerous ecosystems, together with EVM, Cosmos, Transfer, Bitcoin, and Solana.

By integrating with Pyth, Keyrock enhances its on-chain presence within the decentralized finance area at minimal price and threat. Moreover, this collaboration permits Keyrock to monetize the information they generate by way of their day by day operations, additional incentivizing their participation.
“By becoming a member of forces with Pyth Community, we will revolutionize on-chain worth feeds, enhancing decentralization and safety on a worldwide scale. DeFi stands to learn from the kind of knowledge that solely an lively and skilled market participant like Keyrock can ship.”

Juan David Mendieta, CSO of Keyrock
“We’re excited to assist push the envelope for DeFi and shut the hole between the standard, centralized markets and the decentralized ones,” added Juan David Mendieta, CSO of Keyrock.

—

About Keyrock

Based in Belgium in 2017, Keyrock makes a speciality of scalable, self-adaptive algorithmic applied sciences to assist environment friendly asset markets. The corporate supplies distinctive liquidity companies to tokens, exchanges, and brokerages throughout the cryptocurrency ecosystem. With connections throughout over 85 buying and selling venues, together with centralized and decentralized exchanges, Keyrock excels in amassing pricing knowledge at scale. Their mission is to democratize cryptocurrency liquidity by way of transparency, operational integrity, and regulatory compliance.