OptionBlitz x Pyth Network partnership

OptionBlitz
2 min readFeb 7, 2024

Learn more about our $PYTH grant roadmap!

Back in November 2023, Pyth launched its retrospective airdrop program, rewarding over 51,000 DeFi users with over 163,000,000 PYTH tokens. As part of the second stage of this program, Pyth is awarding over 160 DeFi applications PYTH token grants. As a proud recipient of this grant, OptionBlitz will be extending its feature set and upgrading with exciting new changes!

OptionBlitz uses Pyth oracles for settlement, price discovery and a rich user experience for its clients. The following improvements and upgrades will increase our platform’s performance and usability.

1. Adding 16 new Pyth assets to our platform.

OptionBlitz will be adding the following trading pairs:

Forex: USD/CAD, USD/CHF, USD/CNH, USD/JPY

Crypto: XRP/USD, BNB/USD, DOGE/USD, LTC/USD, SOL/USD, AVAX/USD, LINK/USD, ADA/USD, MATIC/USD, DOT/USD

2. Integrate Pyth ecosystem partner Perennial

OptionBlitz will offer perp trading via our unique graphical interface, fully supporting our integration with Biconomy enabling gasless transactions and social authentication.

3. Multi-lang support

OptionBlitz will support the following languages
English, Russian, Vietnamese, Portuguese, Indonesnian, Spanish, French, Turkish, Chinese (Mandarin)

4. Multi-collateral support

Trade with USDC, USDCe, USDT, ETH, BLX and more!

5. Staking program launch.

Provide liquidity to the OptionBlitz protocol and earn a share of the fees!

6. Develop more sophisticated pricing engine for our options products, taking advantage of the on-demand data available from the Pyth oracle.

7. Evaluate zero-gas L3 solutions to bring the DeFi trading experience into the next generation.

Thank you Pyth!

Big thanks to the Pyth project for supporting its partners with its very generous airdrop program. OptionBlitz is proud to be part of this collaborative community of talented builders and is looking forward to the future!

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OptionBlitz

Decentralised options and social trading, built on Arbitrum.