Pyth Network Partners with The Open Network (TON)

Pyth Network announced on Wednesday a partnership with The Open Network (TON).

The collaboration focuses on Pyth’s oracle service, enabling users to request price data on-demand. Pyth will aid games on the TON blockchain by supplying accurate data feeds, assisting developers in enhancing in-game economies.

Pyth's oracle will enable TON projects to reach a global audience by providing real-time price data essential for DeFi services, aiming for swift transactions.

Beyond gaming and DeFi, Pyth anticipates supporting new Web3 users on TON who expect responsiveness comparable to Web2 services.

Originally built for Solana, Pyth Network now operates across over 70 blockchains, including Solana, Ethereum, Optimism, Arbitrum, and Base, delivering market data for cryptocurrencies, equities, FX, and commodities.

In the meantime, the TON network has seen significant user growth and adoption this year, driven by casual games on the Telegram messaging app, boasting a total value locked (TVL) of over $600 million.