First Polygon (MATIC) AggLayer Chain Gets Pyth Oracles Boost


The Polygon (MATIC) vision of building a network of aggregated chains that seamlessly share liquidity is quickly gaining momentum. Within the past 24 hours, the network witnessed the launch of Astar zkEVM, the first CDK-powered chain to be fully integrated with the Polygon AggLayer.

Now, Astar itself has received a significant DeFi boost from a new move with Pyth Network.

Pyth Price Feeds Go Live on Astar zkEVM

Making accurate real-time data accessible to its users, Pyth Network announced that its price feeds were available on Astar zkEVM on Tuesday, March 5.

Oracles or price feeds like the one offered by Pyth Network allow on-chain applications to access real-world or off-chain data, ideally in a downtime, flash crash, and flash loan resilient manner. Pyth Network tries to achieve this through a decentralized network of 100 data providers.

With the Astar zkEVM integration, developers claim that project builders can now access “over 450 low-latency price feeds” for assets ranging from equities, commodities, foreign exchange pairs, and cryptocurrencies.

Speaking on the development, Head of Astar Foundation Maarten Henskens asserted that the Pyth Price Feeds integration would unlock new possibilities for developers on the network.

"We are excited about integrating Pyth Network suite of permissionless price feeds on Astar zkEVM. The integration and partnership marks an exciting development for all the builders using Astar zkEVM Testnet (zKatana) and unlocks many new use cases in our ecosystem." 

Other firms and projects building on Astar zkEVM include Deloitte, Japanese Airlines, and PACKs.

On the Flipside

Pyth Network faces competition from industry leaders like Chainlink. Despite the excitement surrounding the Astar zkEVM launch, CoinMarketCap data shows that MATIC is down 6% in the past 24 hours, primarily influenced by Bitcoin‘s price correction.

Why This Matters

Secure price feeds are necessary to make DeFi protocols more reliable and resilient to attacks. Pyth Network Price Feeds going live on Astar encourages more projects to build on the network while bolstering user confidence.

Source : DailyCoin by Okoya David / Mar 6, 2024 logo


240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma


The purchase of digital assets is subject to a high market risk and price volatility. Changes in value can be significant and occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and returns can fluctuate both up and down, and you may not recover the amount you invested. RISK WARNING

Automata ICO Limited has a branch in Italy with its registered office at Via Archimede, 161, Roma, Italy, and registered in Italy under number 96550860587 with the Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider (VASP).

Automata France SAS is a company registered in France with the company number 902 498 617. Automata FRANCE SAS is registered with the french Financial Market Authority, l’Autorité des marchés financiers (“AMF”), as a provider of Virtual Asset Service Provider under number E2023-087.

Automata Pay Europe Limited is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act. How we keep your money safe.