Aleno takes on role as new data provider for Pyth Network

Pyth Network, a financial data oracle, has recently welcomed Aleno as its newest data provider, according to the latest information shared with Finbold on July 1st.
Aleno will contribute its exclusive data to enhance the security of the Pyth price oracle, catering to asset managers, treasury managers, on-chain companies, and institutions.
Aleno’s unique position allows it to deliver high-quality institutional data to Pyth Price Feeds by utilizing comprehensive market data from active price discovery venues.
This collaboration is expected to enhance the decentralized finance (DeFi) experience across more than 65 blockchain ecosystems, providing a more secure and efficient platform.
Antoine Vales, Co-Founder and CEO of Aleno, expressed his satisfaction with the collaboration, stating, “Collaborating with Pyth has been an exceptional experience in terms of their responsiveness and dedication. Providing on-chain prices is just the beginning, and we are delighted to continue supporting Pyth’s development and meeting their on-chain data requirements.”
The Pyth Network will integrate Aleno’s data with inputs from up to 63 other providers for each feed, creating a reliable aggregated price stream to power smart contracts.
With Aleno’s extensive range of digital asset prices, the Pyth Network will be able to meet the dynamic demands of smart contract developers and users.
Currently, Pyth supports over 540 real-time price feeds that fuel DeFi applications across various ecosystems such as Ethereum Virtual Machine (EVM), Cosmos (ATOM), Move, Bitcoin (BTC), and Solana (SOL).
In June, the Pyth Network also launched its Pull Oracle on Solana, enabling developers on the Solana mainnet-beta to access Pyth’s oracle prices by requesting updates from the Pythnet appchain.