Pyth and Integral Team Up to Decentralize Market Data

By: cointrust|2025/05/08 22:15:02

Pyth Network, recognized for its decentralized data feed services, has joined forces with Integral, a Silicon Valley-based currency technology provider, to reshape the flow of institutional financial data into the decentralized world. The collaboration is designed to simplify how traditional financial institutions interact with decentralized networks by enabling them to publish real-time price data without significant changes to their existing systems.Through this partnership, Integral’s existing client base—including a range of major banks, brokerages, and cross-border payment platforms—gains the ability to act as data publishers on the Pyth Network. The integration process reportedly requires no additional setup on the clients’ part, as Integral hosts and transmits the market data on their behalf. This arrangement lowers the barrier to participation and enables institutions to contribute to the decentralized data economy with minimal effort.Bringing Institutional-Grade Data to Open MarketsIntegral’s infrastructure, already serving hundreds of institutions globally, underpins the foreign exchange (FX) operations of financial entities such as Mizuho, Raiffeisen Bank, and Pictet. By embedding its FX technology into core banking operations, Integral provides a robust data backbone that aligns well with Pyth Network’s mission to democratize access to financial information.Historically, market data has been restricted by proprietary systems and costly subscription models, with much of it siloed within financial institutions. The new model proposed through the Pyth–Integral partnership attempts to overturn this paradigm by incentivizing data sharing. Institutions are now positioned to not only distribute their price feeds to a decentralized oracle network but also benefit from the network’s reward mechanisms. This system encourages greater participation while enhancing the overall accuracy and resilience of data feeds used by developers, traders, and decentralized applications.Pyth Network’s model leverages the concept of a data oracle, where information from trusted sources is aggregated and verified to support smart contracts and blockchain-based applications. Each new institutional contributor enriches the network, potentially expanding coverage across a broader set of financial instruments and improving real-time accuracy.Expansion into Africa Strengthens Use CaseIntegral’s continued growth was highlighted earlier this year when Access Bank Nigeria integrated its suite of FX solutions. This deployment marked a significant move to improve the bank’s currency trading capabilities and facilitate expansion across the West African region. Access Bank reportedly utilized Integral’s offerings, including liquidity aggregation, pricing engines, and trade distribution tools, to enhance service delivery and operational efficiency.The integration also enabled Access Bank to extend FX services to affiliated institutions by white-labeling solutions under its own brand, offering partners customized trading platforms. This flexible infrastructure underscores the value proposition Integral brings to both traditional and emerging markets.Towards a Transparent and Inclusive Data EconomyThe collaboration between Pyth and Integral signifies a broader shift in how market data is sourced, shared, and monetized. By allowing major financial players to publish directly to decentralized systems, the partnership promotes a more transparent and accessible financial ecosystem. At the same time, it helps these institutions remain relevant in a rapidly evolving digital landscape.As decentralized finance (DeFi) continues to mature, initiatives like this are expected to play a critical role in bridging the gap between legacy finance and blockchain-based innovation. With more institutions stepping into decentralized roles, the quality and reliability of market data accessible across open networks could improve significantly.The post Pyth and Integral Team Up to Decentralize Market Data appeared first on CoinTrust.

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.

Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.

Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps

Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.

The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position

The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.

Social-Native Trading: Strategy and Execution Completed in the Same Context

Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying

On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.

By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.

Referral Mechanism: Non-institutional users can receive up to 60% fee split

Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings

This model aims to drive user-driven network expansion and organic growth.

Self-Custody Architecture and Built-in Privacy Mechanism

Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:

· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure

The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.

A New Path for On-Chain Derivatives

Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.

The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.

Regulatory Background

Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.

This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."

The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.

About Mixin

Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.

Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication

Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.

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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.