Pyth contributors have launched Crypto Redemption Rate Feeds, unlocking two new popular asset classes – liquid staking tokens and yield-bearing stablecoins – both have been a major driving trend in the DeFi space for the last year.
Pyth now offers an array of feeds, not just crypto, but commodities, equities, FX, ETFs, LSTs, LRTs, and yield-bearing stables. Crypto Redemption Rate Feeds are live valuations for complex assets LSTs, LRTs, and yield-bearing stables for smart contract protocol markets on underlyings.
By bringing this foundational tool to on-chain finance, Pyth says it is giving decentralised platforms the same clarity and precision as market-leading TradFi institutions.
Blackstone multi-strategy fund reaches $276.9m in assets following new unit sales
Blackstone Multi-Strategy Hedge Fund has raised approximately $106.5m through the sale of unregistered limited partnership units, bringing…
More
CalPERS considers hedge fund return 12 years after high-profile exit
The California Public Employees’ Retirement System (CalPERS) is exploring a potential return to hedge fund investing through separately…
More
Hedge fund hiring slows as multistrategy firms expand external allocations
Hiring growth at major multistrategy hedge funds has slowed as firms increasingly allocate capital to external portfolio managers through…
More
