CandleFocus Pyth Network Goes Live on IOTA Rebased Testnet—Empowering Builders with Secure Price Feeds
2025-03-01
Author: Content Editor
IOTA has announced a collaboration with Pyth Network to integrate real-time price feeds into its IOTA Rebased testnet. Pyth Network's core infrastructure will be embedded into the IOTA L1 mainnet, providing developers with secure and decentralized price feeds for various assets. This integration strengthens IOTA's position as a DeFi and Web3-friendly ecosystem, supporting financial applications and decentralized exchanges. Developers can apply for the iotalabs Builder Program to receive funding and infrastructure support. The integration of Pyth Network enhances data accuracy and prevents manipulation in DeFi applications. The IOTA Rebased upgrade focuses on scalability, decentralization, and programmability. Move Virtual Machine integration and staking rewards are introduced in the upgrade. IOTA has partnered with blockchain infrastructure providers and validators. Currently, IOTA is trading at $0.2023.
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