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Pyth Network and Caldera announce the integration of rollups and Oracle data

source-logo  finbold.com 27 March 2024 15:28, UTC

Pyth Network, a financial data oracle network, and Caldera, the modular blockchain platform, have announced the integration of rollups and Oracle data, according to information shared with Finbold on March 27.

Thanks to the collaboration, real-time price feeds and market data are now available with a single click, marking a significant milestone in blockchain development.

An enhanced developer kit

Caldera, renowned for swift deployment of production-grade OP Stack, Arbitrum Orbit, and Polygon CDK rollups, now offers developers an enhanced toolkit.

The toolkit grants developers access to a range of real-time price feeds covering a spectrum of major asset classes.

The latest addition of Pyth Price Feeds to Caldera’s arsenal further enriches the options available to rollup builders.

With over 50 integrations already in place, Pyth’s repository of low-latency price data encompasses cryptocurrencies, commodities, foreign exchange (Forex) pairs, equities, and exchange-traded funds (ETFs).

Custom-built blockchains

Expressing enthusiasm for the partnership, Matt Katz, CEO and Co-Founder of Caldera, stated:

“We’re thrilled to partner with Pyth to bring their oracle solution to Caldera’s network of rollups, and empower our developer communities with their real-time price feeds and market data.”

— Matt Katz, CEO and Co-Founder of Caldera

Caldera stands out as a leading Rollup-as-a-Service (RaaS) provider, offering teams the infrastructure required to build and scale high-performance modular blockchains.

The custom-built infrastructure boasts high throughput, low latency, and essential tooling, augmented by over 50 industry-leading integrations spanning interoperability, wallet solutions, and more, including Pyth.