Cardano Brings Pyth Oracles On-Chain In First Pentad Integration

bitcoinistОпубліковано о 2025-12-12Востаннє оновлено о 2025-12-12

Анотація

Cardano has announced its first major integration under the new "Pentad" governance structure, bringing Pyth's Lazer oracle to the blockchain by early 2026. This marks a strategic shift from building in-house oracle solutions to adopting established external infrastructure. Pyth provides ultra-low latency, institutional-grade market data across thousands of price feeds, which is used by hundreds of DeFi applications globally. Charles Hoskinson emphasized that this integration connects Cardano to broader cryptocurrency information networks and is just the first of many planned critical integrations—including bridges, stablecoins, and analytics—aimed at making Cardano a more viable DeFi platform. The move signals a focus on execution and infrastructure readiness as Cardano positions itself for growth in 2026.

Cardano is finally doing the unsexy but absolutely necessary plumbing work: getting serious, external oracle infrastructure wired in, with a governance wrapper that looks a lot more like “adult supervision” than the old ad-hoc ecosystem scramble.

On a Dec. 11 livestream, Charles Hoskinson said the ecosystem’s new “Pentad” structure — the coordination bloc spanning Input Output, the Cardano Foundation, EMURGO, the Midnight Foundation, and Intersect — has approved its first major integration under the “critical integrations” framework: bringing Pyth’s Lazer oracle to Cardano, with deployment targeted for early 2026.

Pyth Deal Kicks Off Cardano’s Critical Integrations Push

“This is the appetizer announcement,” Hoskinson said, framing Pyth as the first of what he expects to be a broader menu: bridges, stablecoins, analytics, custodians — the stuff that turns a chain into a DeFi venue people actually build on, not just a community that argues about roadmaps.

Hoskinson didn’t really sugarcoat why this matters. “Oracles are really the first part of major integrations,” he said, because you need reliable data coming in and you need credible pathways to the rest of the industry. He also admitted the in-house approach hasn’t landed the way it should’ve: Cardano “tried to build an indigenous oracle solution and it hasn’t worked out as well as it should.” So [...] Pyth. That’s the pivot.

Pyth, in its own marketing, has been pushing Lazer as an ultra-low latency product designed for speed-sensitive trading use cases — basically, price updates fast enough that perps and other twitchy DeFi apps don’t feel like they’re operating on last cycle’s data. Hoskinson called Pyth “one of the most advanced Oracle solutions on market,” and emphasized the practical angle: lots of feeds, lots of publishers, and broad distribution across chains.

Intersect’s announcement (the one Hoskinson pulled up mid-stream) from X states: “One of the first concrete outcomes of the Critical Cardano Integrations workstream is now in place! The Steering Committee [...] has approved the first major integration under this framework: bringing Pyth Lazer oracle to Cardano. Pyth provides low-latency, institutional-grade market data across thousands of price feeds spanning crypto, equities, FX, commodities and ETFs, already used by hundreds of DeFi applications across 100+ blockchains to power trading, lending and risk management.”

Hoskinson argued, “[Pyth] effectively attaches Cardano now to the information networks of the entire cryptocurrency space.” He said the team is already exploring whether it can switch parts of the ecosystem — including Djed — over to Pyth, and he wants Cardano dapp teams to seriously evaluate the integration once it’s available.

“Pyth is just the appetizer in the Cardano critical integrations,” he said. “There are many more things to come.”

The broader context is that Cardano’s new “Pentad” has been positioning “critical integrations” as a coordinated, treasury-backed effort to “prime Cardano for 2026,” including a budget proposal tied to ecosystem-wide enablers. If Pyth is the first concrete output, it’s also a signal the Pentad model is going to be judged on execution, not vibes.

Hoskinson, closing out, put it in his usual rally language: “Cardano is not an island anymore [...] the cavalry has come.” The market can do what it wants in the short term. But getting credible oracle rails in place is the kind of boring upgrade that tends to matter later — when teams are deciding where to deploy, and where liquidity is willing to live.

At press time, ADA traded at $0.4253.

ADA bounces from key support, 1-week chart | Source: ADAUSDT on TradingView.com

Трендові криптовалюти

Пов'язані матеріали

MSX US Stock Daily Insight: Amazon 2026 Q2 Earnings: AWS Records Fastest Growth in Five Years

**MSX Daily US Stock Observation: Amazon's Q2 2026 Earnings: AWS Achieves Fastest Growth in Five Years** Amazon's latest quarterly results exceeded expectations, driven by a strong performance from its cloud computing unit. The company reported revenue of $200.66 billion, surpassing estimates of approximately $197 billion. The key highlight was Amazon Web Services (AWS), which generated $42.232 billion in revenue, surging 37% year-over-year. This marked the segment's fastest growth pace in 18 quarters, indicating robust demand for cloud services. Reported Earnings Per Share (EPS) of $5.75 significantly exceeded the $1.84 forecast. However, this figure included a substantial one-time, non-operating gain of $53.4 billion, primarily from the revaluation of Amazon's investment in AI company Anthropic. Excluding this item, core operating profit was $27.461 billion, a strong increase of 43% compared to the same period last year. Despite the positive results, Amazon provided guidance for the upcoming third quarter that fell short of market expectations. The company's revenue guidance midpoint is $199.5 billion, below the consensus estimate of around $204 billion. Operating profit guidance of $24.5 billion also slightly missed expectations of approximately $247.9 billion. Furthermore, Amazon raised its forecast for full-year capital expenditures to $220 billion, citing rising memory chip costs, which weighed on investor sentiment regarding future profitability. In summary, Amazon's quarter showcased accelerating momentum in its core AWS business. The underlying operational profit growth remains solid. However, cautious forward guidance and increased investment spending present key areas for monitoring in the coming quarters, as the market assesses whether the current growth phase will translate into sustained profit margin expansion.

Odaily星球日报1 хв тому

MSX US Stock Daily Insight: Amazon 2026 Q2 Earnings: AWS Records Fastest Growth in Five Years

Odaily星球日报1 хв тому

Cyclical Stock or Growth Stock? Coinbase's Q2 Earnings Report Reveals 'Valuation Disagreement'

Coinbase's Q2 2026 financial results revealed a mixed performance, reigniting debate over whether the company should be valued as a cyclical stock tied to crypto markets or a growth stock with future potential. Total revenue missed expectations at $1.22 billion, down 19% year-over-year. Transaction revenue fell to $599 million, with retail crypto spot trading revenue dropping 30% to $452 million, back to 2023 levels. The company reported a net loss of $359 million, marking its third consecutive quarterly loss. Despite CEO Brian Armstrong's positive commentary on metrics like a 10.3% overall crypto trading market share and 106% growth in prediction markets, the market reacted negatively, with shares dropping over 5% after-hours. A key issue is the decline in core retail trading. While Coinbase touted record market share, this figure includes derivatives and new products. Its traditional crypto spot trading share is likely shrinking. New ventures like prediction markets, while growing, contributed less than $30 million, insufficient to offset the core revenue decline. The valuation debate hinges on perspective. As a cyclical stock, Coinbase remains deeply tied to the crypto bear market, with user attrition and competitive pressures justifying a lower valuation. The company's strategy appears focused on surviving until the next bull cycle. Viewed as a growth stock, however, Coinbase shows promising diversification. Subscription and service revenue reached $555 million, nearly matching transaction revenue. Stablecoin revenue, its second-largest source at $292 million, remains strong through its partnership with Circle. Critically, Coinbase is positioning itself as a leader in the emerging on-chain "agent economy." Over 90% of agent-based stablecoin transactions occur on its Base network, which it believes could handle trillions in future agent transactions. The recent acquisition of Deribit also aims to boost its international derivatives offering. In summary, Coinbase's present struggles are clear, but its future hinges on whether its investments in revenue diversification, stablecoins, and the agent economy can ultimately transform its business model and justify a growth premium.

Odaily星球日报21 хв тому

Cyclical Stock or Growth Stock? Coinbase's Q2 Earnings Report Reveals 'Valuation Disagreement'

Odaily星球日报21 хв тому

Global Market Share Survey: Japanese Firms Lead in Semiconductor Materials

Global Market Share Survey: Japanese Firms Lead in Semiconductor Materials According to the 2025 "Major Goods and Services Market Share Survey" by Nikkei, Japanese companies maintain strong positions in semiconductor-related materials. In silicon wafers, Shin-Etsu Chemical ranks first with a 26.3% share, followed by SUMCO at 17.8%. Together, they hold 44.1% of the market, widening their lead over competitors from Taiwan, Germany, and South Korea. In photoresists, Tokyo Ohka Kogyo, JSR, and Shin-Etsu Chemical occupy the top three spots, with a combined share of 60.5%. Despite their strength in materials, Japanese firms have a weaker presence in core semiconductor segments like DRAM and NAND flash memory, where South Korean and U.S. companies dominate. For instance, SK Hynix and Samsung lead in DRAM, while China’s CXMT doubled its share to 6% in 2025. The semiconductor market is projected to grow rapidly, with WSTS forecasting a 90% increase to $1.5112 trillion by 2026. Major players like Samsung, SK Hynix, and Micron are making massive investments to expand capacity. To maintain their edge in materials, Japanese companies must similarly commit to large-scale, risk-taking investments. In contrast, Japan’s automotive sector shows stagnation. Toyota remains the global leader but with only a slight share increase to 12.3%, while Japanese brands are absent from the top five in the EV market. In shipbuilding, Imabari Shipbuilding rose to third place globally with a 7.2% share, benefiting from large container ship deliveries. However, Chinese and South Korean firms dominate the sector, holding the top two positions. Japan aims to revitalize its shipbuilding industry through government and corporate efforts, targeting a near doubling of output by 2035. Addressing labor shortages and adopting advanced technologies like physical AI will be critical for competitiveness.

marsbit46 хв тому

Global Market Share Survey: Japanese Firms Lead in Semiconductor Materials

marsbit46 хв тому

Торгівля

Спот

Популярні статті

Як купити PYTH

Ласкаво просимо до HTX.com! Ми зробили покупку PYTH (Pyth) (PYTH) простою та зручною. Дотримуйтесь нашої покрокової інструкції, щоб розпочати свою криптовалютну подорож.Крок 1: Створіть обліковий запис на HTXВикористовуйте свою електронну пошту або номер телефону, щоб зареєструвати обліковий запис на HTX безплатно. Пройдіть безпроблемну реєстрацію й отримайте доступ до всіх функцій.ЗареєструватисьКрок 2: Перейдіть до розділу Купити крипту і виберіть спосіб оплатиКредитна/дебетова картка: використовуйте вашу картку Visa або Mastercard, щоб миттєво купити PYTH (Pyth) (PYTH).Баланс: використовуйте кошти з балансу вашого рахунку HTX для безперешкодної торгівлі.Треті особи: ми додали популярні способи оплати, такі як Google Pay та Apple Pay, щоб підвищити зручність.P2P: Торгуйте безпосередньо з іншими користувачами на HTX.Позабіржова торгівля (OTC): ми пропонуємо індивідуальні послуги та конкурентні обмінні курси для трейдерів.Крок 3: Зберігайте свої PYTH (Pyth) (PYTH)Після придбання PYTH (Pyth) (PYTH) збережіть його у своєму обліковому записі на HTX. Крім того, ви можете відправити його в інше місце за допомогою блокчейн-переказу або використовувати його для торгівлі іншими криптовалютами.Крок 4: Торгівля PYTH (Pyth) (PYTH)Легко торгуйте PYTH (Pyth) (PYTH) на спотовому ринку HTX. Просто увійдіть до свого облікового запису, виберіть торгову пару, укладайте угоди та спостерігайте за ними в режимі реального часу. Ми пропонуємо зручний досвід як для початківців, так і для досвідчених трейдерів.

160 переглядів усьогоОпубліковано 2024.12.12Оновлено 2026.06.02

Як купити PYTH

Обговорення

Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни PYTH (PYTH).

活动图片