Key Takeaway:
- The Pyth Network has launched the GMCI 30 Index Price Feed for over 60 blockchain ecosystems.
- GMCI aims to provide real-time financial data to smart contract and blockchain developers.
- The GMCI 30 Index tracks the top 30 digital assets, including Bitcoin and Ethereum.
- Pyth Network offers developers access to the GMCI 30 real-time price feed for digital assets.
- Collaboration between GMCI, WOO, and Pyth is driving the development of new valuable indices.
- DeFi protocols like Bluefin and Horizon Protocol are already utilizing the GMCI 30 Index feed.
GMCI 30 Index Launch
The Pyth Network has introduced the GMCI 30 Index Price Feed to provide real-time financial data to blockchain ecosystems. This new index tracks the top 30 digital assets, including popular cryptocurrencies like Bitcoin and Ethereum, offering a transparent way to attract investors and institutions to Web3 markets.
Pyth Network Integration
Pyth Network now grants developers seamless access to the GMCI 30 real-time price feed, marking a key step in providing valuable data to the digital assets market. The integration of the GMCI 30 Index feed has garnered enthusiasm from industry players like WOO, highlighting the ongoing collaboration between GMCI, WOO, and Pyth in developing innovative new indices that benefit traders and consumers of Pyth Price feeds.
Adoption by DeFi Protocols
Several DeFi protocols have already started utilizing the GMCI 30 Index feed provided by the Pyth Network. Platforms like Bluefin and Horizon Protocol are leveraging this real-time financial data to enhance their operations and reliability in the digital assets market. This integration signifies a significant advancement in providing accurate and timely information to users in the blockchain ecosystem.
