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DeFi growth boosts oracle market competition — RedStone co-founder

December 11, 2024 by DIGIT

As DeFi expands, the oracle market faces new competition from emerging providers challenging established players like Chainlink. Go to Source

Categories Blockchain Data, Blockchain Oracles, Chainlink competitors, decentralized finance, defi, multichain adoption, oracle market, RedStone

Pyth flips Chainlink in 30-day volume, Chronicle CEO weighs in

October 30, 2024 by DIGIT

Pyth Network’s pull-based model has driven high transaction volumes, intensifying the Oracle’s competition with Chainlink. Go to Source

Categories chainlink, Chronicle, defi, high-frequency data, Niklas Kunkel, oracle market, pull-based model, Pyth Network, total value secured (TVS)

Chainlink dominance challenged by Pyth’s 46X growth in 2024

September 11, 2024 by DIGIT

While Chainlink retains a strong lead, Pyth’s rapid rise in Total Value Secured hints at shifting dynamics in the Oracle market. Go to Source

Categories Blockchain, chainlink, Chronicle, decentralized oracles, defi, market share, oracle market, Pyth, TVS, WINkLink


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$89,424.00-2.93%
  • ethereumEthereum(ETH)$3,032.85-2.91%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.19%
  • binancecoinBNB(BNB)$881.14-1.96%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.46-5.18%
  • tronTRON(TRX)$0.2862710.66%
  • staked-etherLido Staked Ether(STETH)$3,034.55-2.86%
  • dogecoinDogecoin(DOGE)$0.138416-6.36%