Thread by @facrael

1/ Hey frends! Have you heard the news? @PythNetwork is now officially live on the @injective #mainnet, bringing a whole new level of possibilities for #dApps and the #Injective community!
Let's dive into what this integration means and how it impacts the world of #DeFi🌐
#INJ

2/
Pyth is an #oracle network that revolutionizes the way real-world data is brought #onchain
Through its innovative low-latency pull oracle design, Pyth publishes continuous real-world #data, inc. prices, for various markets spanning equities, #commodities, forex pairs & #crypto

3/
With this integration, #Injective #dApps now have seamless access to #Pyth's #onchain #data, empowering #developers and users alike to leverage real-world #asset information within the #blockchain environment. This is a game-changer for Injective's #ecosystem! 🆙

4/
Pyth has already made significant waves in the industry, securing over $2B in total value and amassing nearly a million client downloads in less than a year
Impressive, right? Some notable data publishers to Pyth include well-known institutions like Jane Street, CBOE, and more

5/
So, how does this impact the #Injective community? 🚀
By integrating #Pyth, #INJ has reached a major milestone
With access to 200+ markets encompassing #equities, #commodities, #forex pairs, Injective #dApps can now offer a wider range of #usecases and opportunities to users

6/
During the testnet phase, #Helix, the premier #DEX built on #Injective, already utilized this integration to list novel real-world asset #markets on-chain for the first time
Think #gold, #Yen, and #Euro! This is just the beginning of the possibilities unlocked by this collab💰

7/
The significance of this integration goes beyond #Injective's goals
#INJ is set to become the only #IBC-enabled chain to aggregate #Pyth data via #Wormhole, marking a first within the #Cosmos IBC ecosystem
This positions Injective as a pioneer in #crosschain data composability

8/
"#Injective is one of the most successful #blockchains within the #Cosmos ecosystem to date, which is one of the many reasons why this integration is significant," shared Mike Cahill
The future of #DeFi is bright with this powerful collaboration! 🌟

9/
As the #finance industry continues to evolve, merging traditional finance with #DeFi is essential
The #Injective x #Pyth integration takes us one step closer to creating a thriving environment for the future, bridging the gap between these two worlds 🌍💫
Sounds so grrrreat!

10/
In celebration of the launch, #Pyth has also released its $INJ/ $USD price feed, now available across more than 20 #blockchain #networks
This broadens the reach of this valuable data feed and strengthens the foundations of #Injective's expanding #Ecosystem
Enjoy it, frends!

11/
📎Eric Chen, expressed his enthusiasm, stating, "We are thrilled to have Pyth bring novel asset data into the Injective universe. Now devs can create markets with high fidelity on-chain data, bringing forth a new paradigm of cross-chain data composability."
⚡️⚡️⚡️

12/
Injective has been making waves with major integrations, including the recent release of the #Cascade testnet and #Tencent Cloud
The #Pyth integration marks yet another milestone in #Injective's journey to revolutionize the #financial system✅
$INJ #INJ #web3

13/
The future is here, and @Injective_, together with @PythNetwork, is leading the charge towards a more connected and efficient financial landscape
Buckle up, frends, because the possibilities are endless! 🚀

#Injective #Pyth #DeFi #INJ $INJ #mainnet