Category: News, NFT News

Pyth Network Kicks Off Second Phase Of Airdrop

The oracle provider will distribute PYTH tokens to over 160 […]

The oracle provider will distribute PYTH tokens to over 160 DeFi applications that use its data feeds.

Pyth Network, a leading provider of price oracles, has announced the second phase of its retroactive airdrop, which will see PYTH tokens distributed to over 160 DeFi applications that utilize its data.

Launched in November, PYTH has doubled in the past month after bottoming in early January.

PYTH Price

The project will distribute 100M PYTH – worth nearly $50M at the time of writing – to Web3 applications across a broad range of use cases, including decentralized exchanges, lending protocols, and analytics platforms.