Drift Protocol will migrate to Pyth oracle
2024-06-27 16:53:50
Drift platform post representation migration pyth oracle price inputdesk3cryptocurrencydesktopCrypto News
Drift posted on the X platform that it will migrate to the Pyth oracle, and the price input will be updated by the Push oracle to the new Pyth product Pull oracle. The original Push oracle updates data every 400 milliseconds, and there is an update delay when there is congestion on the chain. The Pull oracle was deployed on the Solana main network on June 17, and can update the price on demand according to the protocol requirements. It can ensure timely updates during congestion, and has better performance in gas efficiency, historical data, security and other aspects.
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