IOTA EVM Enhances DeFi With Pyth Price Feeds

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IOTA EVM Enhances DeFi With Pyth Price Feeds
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Pyth Price Feeds have been deployed on IOTA EVM, providing real-time data for smart contract developers

on Particle EVM marks a huge move toward the Pyth Organization's objective to bring real-world and crypto resource cost information on-chain. Developers now have access to over 500 real-time price feeds via IOTA EVM, a layer-2 solution for the IOTA network that is fully compatible with EVM.On IOTA EVM, smart contract developers now have permissionless access to a wide range of cryptocurrency, commodity, equity, ETF and forex pair price data.

The Pyth Price Feeds are essential to achieving these objectives because they provide accurate price data to safeguard the exchange and transfer of RWA value. Pyth Price Feeds are already supported by a number of DeFi applications on IOTA EVM:

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