Pyth Network announces Aleno joins its community of data providers

BlockBeats news, July 1, according to official news, Pyth Network announced that Aleno has joined the Pyth data provider community, contributing its proprietary data to help ensure the security of the Pyth price oracle.

Aleno is a DeFi native asset service company headquartered in Paris, providing services to DeFi asset managers, financial managers, on-chain companies and institutions.

Aleno provides accurate on-chain prices by leveraging comprehensive market data from active price discovery venues on the chain. Pyth Network combines Aleno's price data with inputs from up to 63 other data providers to create a reliable comprehensive price stream for each feed price to support smart contracts.