According to the most current announcement, the Oracle Pyth Network task will distribute 255 million tokens of the exact same identify across 90,000 legitimate wallets.
The payout time of the Airdrop token is 9pm November twenty, 2023 (Vietnam time) and end users will have 90 days to declare the reward. The preliminary circulating provide of PYTH is one.five billion. Of which, 85% of the complete provide will be blocked for six-42 months. Second tokenomics announcedPyth Network will deduct six% of the provide, or up to 600 million PYTH, for airdrop functions.
The airdrop system is aimed at these who have contributed to the Oracle network and have interacted with extra than 200 dApps across 27 blockchains utilizing Pyth information.
>> Airdrop criteria and wallet filtering approach
After the over airdrop choice, a lot of exchanges concurrently announced the listing and opening of PYTH trading. As follows:
OKX now lets end users to deposit PYTH into the exchange.
Unlocking the energy of blockchain to revolutionize intelligent contracts with smarter information 🤯 $PYTH @PythNetworkis listed on #OKX!
▶ Deposits: OPEN 🟢
Learn extra: https://t.co/tlVj9ZeqBp pic.twitter.com/KwKtTyf0DD
—OKX (@okx) November 16, 2023
Bybit Announcement of PYTH trading opening at 21:00 on November twenty, 2023 (Vietnam time).
📣 $PYTH will arrive quickly at #BybitSpot trading platform with Spot Grid Bots! @PythNetwork
🗓 Quote time: two:00 pm November twenty, 2023 UTC
Deposit and trade to earn your share of the 80,000 $USDT jackpot now!
💫 Join the occasion: https://t.co/WbBqUDBvCa#L’ArcadelleCripto #BybitListing pic.twitter.com/1YYOvogEfV
— Bybit (@Bybit_Official) November 16, 2023
KuCoin quickly listed PYTH in the Pre-Market part on November 14 and attracted a good deal of awareness in the neighborhood.
🚀 Exciting update! #KuCoin Pre-advertising for $PYTH has reached 200 orders!
🎉 Don’t miss the likelihood to participate in this unique possibility.
Sign up now and be component of the action: https://t.co/Sn3TrOKfC5#PythNetwork #KuCoinPreMarket https://t.co/9MWJQ8ZDES
— KuCoin (@kucoincom) November 14, 2023
MEXC listed the PYTH/USDT pair in the Assessment Zone part at 9 PM on November twenty, 2023 (Vietnam time) and opened the deposit door for this token on the OKX-like exchange.
🚨#MEXC new listings alert!
📈 $PYTH/USDT will be listed in the valuation zone at two:00 PM on November twenty (UTC).
🔹Depot: open
🔹Pickup: November 21, two:00 pm (UTC)@PythNetwork it is the greatest and quickest rising proprietary Oracle network.Details: https://t.co/I4PzHHkn97 M pic.twitter.com/TO3gZxfBny
— MEXC (@MEXC_Official) November 16, 2023
Furthermore, a lot of other exchanges also have associated moves like Gate.io, BTSE, WOO, Backpack, Cooperative…
As a competitor to Chainlink, Pyth Network has supplied a important supply of information, compatible with a lot of protocols, AMMs, derivatives, and a quantity of other dApps, committed to offering trustworthy information with latency beneath one 2nd.
However, in accordance to DefiLlama, Chainlink continues to dominate this oracle section, with a 45% industry share and $14.seven billion in complete collateral worth (TVS). Meanwhile, Pyth at this time has just $one.57 billion in TVS across 120 protocols.
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