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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
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1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Pyth Network Q2 strong rise: 246 million updates covering 70 Blockchains
Pyth Network shows strong rise momentum in Q2 2024
Pyth Network, as an innovative oracle network, made significant progress in the second quarter of 2024. The network aims to provide accurate price data for cryptocurrencies, stocks, forex pairs, ETFs, and commodities. Its uniqueness lies in its use of a pull oracle model, which enhances data update efficiency and reduces network costs.
Market Performance and Data Rise
In the second quarter, the demand-side activity of Pyth Network rose by 17%, completing a total of 246 million price updates covering 70 blockchains. Pyth Entropy has processed 265,000 requests since its launch, generating $19,000 in revenue in Q2. Additionally, the Pyth protocol added 45 new price sources, expanding to 14 new blockchains and integrating into 51 new applications. The publisher network also increased from 100 to 107, with a rise of 7%.
Technological Innovation and Product Updates
Pyth Network has launched several important technological innovations:
Express Relay: An offline-first auction network designed to eliminate the harmful maximum extractable value (MEV) to DeFi protocols.
Pulling Oracle Mode: Launched on Solana, it addresses the reliability issues of traditional push oracles during peak times and high volatility.
Protocol Improvement: Pyth DAO has passed multiple improvement proposals, including performance optimization and the introduction of new validators.
Strategic Cooperation and Market Position
Pyth Network has partnered with a Swiss crypto bank to provide real-time price feed services, offering users more accurate market data. As of June, the total value secured (TVS) by Pyth Network is approximately $8.1 billion, with Ethereum Virtual Machine (EVM) chains dominating.
Future Outlook
Despite facing market fluctuations and technical challenges, Pyth Network is expected to further consolidate its leadership position in the blockchain oracle space by expanding its data provision network and launching innovative technologies. These efforts not only showcase the strength and innovation capabilities of Pyth Network but also lay a solid foundation for its long-term rise in the global cryptocurrency market.