Figment Partnership with Pyth

Pyth network proudly welcomes Figment as a contributor and partner to bring forth the advancement of web3 development and DeFi by both facilitating the usability and enhancing the functionality of Pyth HiFi market data.

The Figment x Pyth Network Partnership

As contributors and partners, Figment will be working closely with the Pyth network participants to bring more functionality and usability to the Pyth HiFi market data.

One of the problems with Web 3 adoption is the initial barrier to entry. One of their goals with this partnership is to create a seamless onboarding experience for data providers and data consumers. Figment will be integrating Pyth network with DataHub, allowing for easy access to Pyth network data necessary to power DeFi protocols and applications.

Figment will also be creating a Pyth network knowledge base on Figment Learn, which will guide developers through their first Pyth network data integration. This will include future incentives for developers who create additional tutorials that expand on the Pyth network’s use cases.

Michael Cahill — Director of Pyth Data Association

“In the few months since launching, the Pyth Network has seen incredible growth with 38 announced data providers and hundreds of integrations. Figment is proving themselves as a market leader in bringing resources to web3, and their commitment to scaling Pyth data feeds marks an important milestone in achieving scalability.” 

 Yannick Folla — Product Lead at Figment

“DataHub aims to greatly improve the access to leading Web 3 protocols and we believe oracles will play an essential role in the Web 3 stack. With this partnership, we will help Pyth become a dominant solution within its category by helping developers and publishers leverage its full potential.”