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File: 490 KB, 1567x1643, pyth.jpg [View same] [iqdb] [saucenao] [google]
55879434 No.55879434 [Reply] [Original]

It's that simple, really. Arbitrum soon and Aave hopefully.

>> No.55879474

>>55879434
Wait wasn't pyth rekt a whie ago and people lost millions? Is it just me or are peoples fucking attention span absolute fucking shit?

>> No.55879488

>>55879474
its version x+1. thats enough for people to forget

>> No.55879509
File: 530 KB, 889x2561, 1690693966824588.jpg [View same] [iqdb] [saucenao] [google]
55879509

>>55879488
kek i dont even fully remember if they fucked up but now i remember how pathetic these fags are lmao

>> No.55879515

>>55879474
>>55879509
it's all so tiresome

>> No.55879603
File: 438 KB, 1000x1488, 1686130028951917.jpg [View same] [iqdb] [saucenao] [google]
55879603

>>55879515
dumping more shit, just a reminder to newfags. also fuck you op you stinking nigger

>old pasta qrd on the jump situation

Elephant in the room is the entity behind pyth is jump trading, algo traders and market makers, only reason they'd provide data for free is to entrench themselves in derivatives protocols so they can front run other users down the line, synthetix baggies were so impatient seeing other protocols gain more traction that they made a pact with the devil regardless of these implications

Their architecture is also duct tapped dog shit on a technical level compared to chainlink since they're running on Solana and then relaying through wormhole with massive security holes as a result of rushing to market instead of being a coherently designed network

Say what you will about Chainlink but the fact they were born out of the Ico era means they are a provably neutral and independent entity, and they've also proven with research like fss that they're committed to the decentralized ethos and trying to prevent bad actors extracting value opportunistically

That and jump just bought the vote for synthetix to adopt pyth with a backdoor market maker deal

In case you don't know, sbf was a major shareholder in pyth, his leaked balance sheet showed his stake in their unreleased token. They also backed Luna along other bullshit scams, wormhole had the biggest exploit in defi history, etc.

Truly fuck these guys and the baggies too dumb or blind to realize what a threat they represent

>one month later sirgay himself publicly addresses it at a conference

>> No.55879620
File: 143 KB, 853x331, 1686130224959092.jpg [View same] [iqdb] [saucenao] [google]
55879620

Psychopath hedge fund niggers need to be dragged in speeding cars with roped tied to their balls

>> No.55879628
File: 865 KB, 1500x2404, 1686131824781986.jpg [View same] [iqdb] [saucenao] [google]
55879628

>>55879434
Go ahead and kys OP you fucking nigger bitch

>> No.55879644
File: 270 KB, 1963x1082, 1682619649701299.png [View same] [iqdb] [saucenao] [google]
55879644

>>55879434
hello pyth intern

>> No.55879664

>>55879434
TIG is powered by Pyth and it sucks ass and only dumps

>> No.55879690

https://cryptoslate.com/bitcoin-crashes-to-5400-on-solana-based-oracle-pyth-network-after-glitch/

>> No.55879710

Crypto is just different programmed AI trading/ competing with itself at this point . It’s pretty disgusting

>> No.55879745 [DELETED] 
File: 844 KB, 1899x873, sergey consensus 2023.png [View same] [iqdb] [saucenao] [google]
55879745

>So basically you have a few people who are making oracles now and they're saying, "I'm a nice reliable oracle! You can trust me!". But really they are wholly owned by a trading firm or a hedge fund or maybe they're just private traders themselves, and then what they're doing is they're going out they're presenting this oracle and saying, "Hey! I'm a nice, reliable oracle! Please let me completely control your market! I'm nothing like the FTX Alameda scam. Nothing like that here. I'm such a nice guy. But then it turns out the nice guy is a psychopath who only wants to steal money from the protocol.

>> No.55879763
File: 844 KB, 1899x873, sergey consensus 2023.png [View same] [iqdb] [saucenao] [google]
55879763

So basically you have a few people who are making oracles now and they're saying, "I'm a nice reliable oracle! You can trust me!". But really they are wholly owned by a trading firm or a hedge fund or maybe they're just private traders themselves, and then what they're doing is they're going out they're presenting this oracle and saying, "Hey! I'm a nice, reliable oracle! Please let me completely control your market! I'm nothing like the FTX Alameda scam. Nothing like that here. I'm such a nice guy!" But then it turns out the nice guy is a psychopath who only wants to steal money from the protocol.

>> No.55880105
File: 224 KB, 1500x1244, pyth gbp exploit.jpg [View same] [iqdb] [saucenao] [google]
55880105

>> No.55880460
File: 183 KB, 1649x890, arb.jpg [View same] [iqdb] [saucenao] [google]
55880460

Looks like Arbitrum is gonna be PoweredByPyth soon!

>> No.55880470

>>55879509
fucking lmao the absolute state of these fucks.

>> No.55880472
File: 290 KB, 1594x884, liq.jpg [View same] [iqdb] [saucenao] [google]
55880472

And Liquity too. Chainlink is losing the oracle game pretty hard.
Pyth Oracles + LayerZero = Death to Chainlink.

>> No.55880971

>>55879434
Pyth is shit and your thread is shit

>> No.55881149
File: 178 KB, 2583x1040, 20230819_040415.jpg [View same] [iqdb] [saucenao] [google]
55881149

Tick tock.

>> No.55881996
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55881996

>>55879620
>>55879603
thx

>> No.55882872

yeah these posts just make me prefer Chainlink

>> No.55883003
File: 67 KB, 756x279, kain strained.png [View same] [iqdb] [saucenao] [google]
55883003

Pyth has a long history of pricing failures:
https://twitter.com/ChainLinkGod/status/1528765552818368512

>> No.55883047

>>55883003
>based king chainlinkgod cites himself about jump wormhole doing the same thing with pricing data
that insane double standard again!

>> No.55883203

the actual answer:
a few thousand traders are spamming snx with trades as there are massive op rewards
https://thedefiant.io/snx-volume-surges-on-op-rewards
this whole market is a scam

>> No.55884541

>>55879434
Bump fuck pyth

>> No.55884688

>>55883203
Delete please
But yeah, fees are completely covered by op baggies

>> No.55885163

>>55879434
>>55879509
>>55879603
>>55879628
Did op get btfo so hard that he abandoned the thread?

>> No.55885449

>>55883203
That's called higher demand. Unlike Chainlink's slow price feeds, Pyth with its high throughput enables users to trade more than they able were to.

>>55885163
The only one getting "btfo" is Chainlink and its adbocares. See >>55881149 and cope.

>> No.55885475

>>55885449
Top kek you gaslighting jew unironically kill yourself immediately

>> No.55885567
File: 131 KB, 797x909, pyth ranked by TVL.png [View same] [iqdb] [saucenao] [google]
55885567

>>55881149
Protocol count is irrelevant. The '100' number you circled includes a protocol that only has $10.51 locked. You only show such useless metrics because you have no real, meaningful metrics to brag about.

>> No.55885602
File: 1.53 MB, 1706x935, IMG_9186.png [View same] [iqdb] [saucenao] [google]
55885602

EVERY TIME THESE GOD DAMN JEWS

>> No.55885761
File: 370 KB, 1674x2023, tvl.jpg [View same] [iqdb] [saucenao] [google]
55885761

>>55885567
Of course you'd lie, I mean you're getting paid to do so. Pic related for the actual TVL. Just imagine this list when Arbitrum, Aave, and Liquity exclusively use Pyth.

>> No.55885866

>>55885761
Nearly half of the protocols in the '100' number you touted have less than $500k TVL locked. That's why it's a useless metric. You're counting protocols that have less TVL than what I have in my wallet right now.

Jump Crypto
Stephen Kaminsky
Joao Fiadeiro
James Chou
Emanuele Cesena
Jonathan Claudius
Nihar Shah
Jeffrey Schroeder
Ray Song
Rahual Maganti
Conor Patrick
Timothy Hwang