Transforming DeFi: Ondo Finance and Pyth Network’s Innovative Partnership

Ondo Finance and Pyth Network have teamed up to integrate institutional assets across more than 65 blockchain ecosystems, with the aim of enhancing on-chain accessibility to traditional assets for smart contract developers and DeFi users. The partnership has resulted in the launch of the USDY/USD price feed by Pyth, which is now available across multiple blockchains, enabling developers to leverage real-time feeds for Ondo’s yieldcoin, USDY. This collaboration opens new opportunities for developers and projects to integrate institutional assets on-chain, thereby enhancing DeFi’s potential and creating a more composable and dynamic DeFi landscape.