Pyth Network has struck an agreement with Revolut under which the fintech will supply “quotes and trading data” to the oracle network.
The collaboration will support the secure operation of dapps on Pyth. These will be able to tap more than 500 real-time feeds covering digital assets, foreign exchange, equities and commodities.
“Real-time quote streams from a fintech giant = better data for builders, more transparency for users. The future of finance is not ‘either/or’ but ‘both.'” — the statement said.
Revolut called the arrangements with Pyth a “natural evolution”.
In May 2024 the fintech firm introduced Revolut X — a cryptocurrency platform separate from the app and focused on experienced traders.
Douro Labs CEO Mike Cahill saw the partnership as “proof of the final erasure of the boundaries between TradFi and Web3, which creates the basis for a genuine global financial market”.
According to the executive, Pyth Network aims to accelerate the pace at which DeFi can outpace TradFi and enable developers to build competitive dapps.
The oracle network provides 637 data feeds from 122 providers across 93 blockchains as of the end of 2024.
In January 2025 Ripple partnered with Chainlink to speed the integration of the RLUSD stablecoin into the DeFi sector.
Three months earlier the Chainlink oracle team unveiled an update to the Chainlink Runtime Environment designed to scale the platform to “thousands of blockchains”.
