Pyth Network Oracles Now Secure About $3.12 Billion in Assets, DefiLlama Data Shows
- —Pyth's total value secured topped $3 billion, reaching $3.124 billion
- —Solana accounts for $1.928 billion of the secured value
- —Sui contributes $383.08 million and NEAR $57.99 million
- —TVS is not TVL: the oracle does not hold user funds
Why it matters: The rising TVS shows how much value depends on Pyth's oracle working correctly, a key metric for protocols on Solana and Sui.
Source: Cryptonews.net