$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prices for DeFi protocols, significantly reducing the risks of erroneous pricing and transaction execution due to outdated information.