$IOTA has linked its L1 community to Pyth Professional, the brand new value feed infrastructure developed by Pyth, a decentralized oracle community offering monetary market knowledge for blockchain purposes. The replace offers builders entry to greater than 3 000 institutional-grade value feeds, decrease latency, and sooner knowledge updates.
Beforehand, $IOTA used Pythnet, Pyth’s unique decentralized infrastructure that delivered value knowledge by means of the Wormhole bridge. As a part of a network-wide improve, Pyth is retiring Pythnet and shifting all supported blockchains to Pyth Professional. The change just isn’t unique to $IOTA and impacts your entire Pyth ecosystem.
Builders constructing on $IOTA can already migrate to the brand new service by subscribing to a Pyth Professional knowledge plan and updating their integrations. The transition turns into obligatory on August 18. After that date, Pyth Core value feeds will cease working, and purposes that haven’t migrated will lose entry to market knowledge.
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