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Pyth Network collaborates with Morpho and Gauntlet to enhance the lending experience on Ethereum and Base.

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#DeFi
Odaily
280Words
Jun 20, 2024

$Pyth Network collaborates with $Morpho and Gauntlet to enhance the lending experience on Ethereum and Base. By utilizing $Pyth's low-latency price data, the aim is to provide more efficient and secure lending protocols. Michael Cahill, co-founder and CEO of Douro Labs, a key contributor to $Pyth, stated that this data offers the latest market prices for DeFi protocols, significantly reducing the risks of erroneous pricing and transaction execution due to outdated information.

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