Pyth Network announces Aleno joining its data provider community

According to official news, Pyth Network announced that Aleno has joined the Pyth data provider community, contributing its proprietary data to help ensure the security of Pyth's price oracle. Aleno is a DeFi native asset service company based in Paris, providing services to DeFi asset managers, financial managers, on-chain companies and institutions.

Aleno provides accurate on-chain prices by utilizing comprehensive market data from active on-chain price discovery venues. The Pyth Network combines Aleno's price data with inputs from up to 63 other data providers to create reliable composite price feeds for each quote, supporting smart contracts.