Drift Protocol: Will be migrated to Pyth Oracle
Drift announced on social media that it will migrate to the Pyth oracle, and the price input will be updated from the Push oracle to Pyth's new product, Pull oracle. The existing Push oracle updates data every 400 milliseconds and there are update delays when congestion occurs on-chain.
The Pull oracle was deployed on the Solana mainnet on June 17. It can update prices as needed according to protocol requirements and ensure timely price updates during periods of congestion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin’s 24% Rally Hit a Wall: CryptoQuant Reveals What Comes Next
HDFC Bank names Jimmy Tata executive director, subject to RBI approval
Cosan held shareholder meeting, backed Radar II spinoff plan
Decoding Monero’s 32% rally: Will XMR target $571 or…
