Quiver Trade x Pyth Network Partnership
Are you a crypto enthusiast seeking game-changing projects that address the shortcomings of traditional crypto platforms, especially in the trading landscape and data security? Well, this news is for you!
We are proud to announce our partnership with the Pyth Network, the fastest growing blockchain oracle for market data. Quiver has agreed to publish financial price data to Pyth, helping the oracle continue to provide robust and reliable data to applications and projects being built on-chain. This game-changing collaboration between Quiver and Pyth Network is also an opportunity to reach a wider scope of users for both projects’ initiatives.
The first step of our partnership will include data provision to Pyth from our derivatives exchange.
The exchange allows for extremely easy market making with a batch auction system which means we have the potential to have very deep liquidity. This will be of incredible value to Pyth's data oracles as we grow.
Here is what Pyth Network has to say about this exciting partnership:
"We are proud to have Quiver join the Pyth Network as a data provider, joining the ever expansive roster of close to 90 publishers. Their innovative approach to financial and crypto markets as well as their DeFi focus make them a perfect partner and data publisher for Pyth. We look forward to combine our joint capabilities for a continued growth of the Pyth Network."
———
Marc Tillement, Director, Pyth Data Association
As of this writing, we are currently planning some future exciting collaborative efforts and activations with the Pyth community — and you would not want to miss it! So, make sure to be active in both project’s social media communities to be in the loop on the developments of this groundbreaking partnership.
Get to know more about the projects
About Pyth Network
The Pyth network is a next-generation oracle solution that aims to bring this valuable financial market data to the general public. The network does so by incentivizing market participants — trading firms, market makers, and exchanges — to share directly on-chain the price data collected as part of their existing operations.
Pyth's market data is contributed by over 85 first-party publishers, including some of the largest traders, exchanges, and financial services players who create unique high quality market data. It offers 300 price feeds for a number of different asset classes, including US equities, commodities, and cryptocurrencies. Each price feed publishes a robust aggregate of publisher prices that updates multiple times per second.
To better understand this game-changing oracle solution, check out their website and whitepaper.
Follow their social media networks to stay updated:
Twitter | Discord | Telegram | Linkedin | YouTube
About Quiver Trade
Quiver is a hybrid cryptocurrency exchange based on batch auctions, with unique liquidity retention and aggregation mechanisms. Highlighting its ultra-low trading costs on high leverage perpetual futures, the exchange has a fee structure that allows users to proceed with multiple small trades. It currently runs as a custodial exchange in its alpha version, with USD balances backed by USDC stored on a single multi-signature safe contract in the Ethereum Mainnet.
Quiver is an innovative exchange that offers a revolutionary set of features and solutions for global investors. From perpetual futures to automated strategies and secure custody, it is setting the standard for the future of decentralized trading. With more and more people entering the market, Quiver is committed to providing a secure and efficient platform that allows users to access markets, take advantage of new opportunities, and make the most of their investments.
Get to know more about Quiver and how it is revolutionizing the crypto trading landscape through its innovative solutions by checking out our website and whitepaper.
Be in the loop with the latest on Quiver by following us on our social media networks:
Twitter | Discord | Linkedin