Decentralized Finance Gains Precision with New PartnershipRevolut, the global fintech powerhouse serving over 45 million users across 200 countries, has officially partnered with Pyth Network to integrate its proprietary digital asset price data into Pyth's decentralized price feeds. This move aims to bolster decentralized finance (DeFi) applications, equipping developers and decentralized applications (dApps) with precise, real-time data for improved trading and decision-making. The announcement marks a pivotal moment for both Revolut and Pyth Network, signaling a step forward in the evolution of DeFi infrastructure.As a newly minted data publisher on the Pyth Network, Revolut contributes its extensive digital asset pricing expertise to enhance the reliability and security of Pyth’s offerings. Pyth Network, renowned for its decentralized oracle services, supplies high-frequency pricing data across blockchain ecosystems, facilitating seamless trading and real-time analytics. According to Mazen Eljundi, Revolut's global business head of crypto, this collaboration underscores Revolut’s commitment to modernizing finance by ensuring developers and users have access to accurate and actionable market information.The partnership also comes on the heels of significant updates to Pyth’s infrastructure. In late 2024, Pyth launched its Pyth Price Feeds on Morph, a Layer 2 testnet designed to optimize Ethereum scalability using ZK technology and optimistic rollups. This innovation provides smart contract developers with permissionless access to over 500 real-time price feeds covering various digital assets. Additionally, Pyth transitioned from Solana to Pythnet, its own blockchain built using Solana’s codebase, further solidifying its position as a leader in decentralized data services.For Revolut, this collaboration reflects a broader push into the cryptocurrency market. In November, the company expanded its crypto exchange, Revolut X, to 30 more European countries, offering highly competitive fees—0.00% for makers and 0.09% for takers—regardless of trading volume. This expansion allows existing Revolut customers to effortlessly transition between fiat and cryptocurrency, positioning the company as a significant player in the rapidly growing crypto economy.Meanwhile, Pyth Network continues to extend its influence within the DeFi ecosystem. By December, the network secured operations for dApps managing over $15.2 billion in total value. With Revolut’s real-time data integration, the combined efforts of both companies are set to deliver unprecedented transparency and efficiency to developers and users alike, reinforcing the foundation of decentralized financial markets.This article has been refined and enhanced by ChatGPT.