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PYTH worth over US$540 million is pledged, with over 160,000 pledgers

PYTH worth over US$540 million is pledged, with over 160,000 pledgers

CointimeCointime2024/02/09 05:41
By:Cointime

According to Dune data on February 9th, there are a total of 1,086,943,527 PYTH tokens in staking, equivalent to approximately 548 million US dollars, and there are currently 166,630 PYTH stakers.

As previously reported by BlockBeats, on February 7th, Pyth Network announced the official launch of the second phase of its retrospective airdrop program, which involves distributing PYTH tokens to over 160 decentralized applications that use Pyth data. These applications rely on Pyth's price data to ensure their protocol operations, usually used for trading, asset valuation, and on-chain settlement. Approximately 100 million PYTH governance tokens (worth about 47 million US dollars) will be distributed to dApps.

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