The Pyth Network launched the GMCI 30 Index Price Feed, making it available to over 60 blockchain ecosystems. This move aims to provide developers with real-time financial data for smart contracts and blockchain applications.
Introducing the GMCI 30 Index this year, GMCI tracks the top 30 digital assets by market capitalization, including Bitcoin and Ethereum. This index offers a snapshot of the crypto market, helping evaluate industry stability and growth trends.
The GMCI 30 is Pyth’s first digital assets index feed, adding to its coverage of traditional market indices. DeFi protocols like Bluefin and Horizon Protocol have already adopted the feed.
This integration fosters innovation and reliability in the digital assets market. It represents a significant step towards making GMCI the benchmark of choice in the crypto space.