Camp Integrates Pyth Network For Real-Time Price Feeds
Camp is integrating with Pyth Network, bringing robust price feed data to power applications across the network. Pyth aggregates first-party data from top exchanges, market makers, and financial services, delivering low-latency, high-fidelity price data for over 350 assets.
Why Pyth?
Pyth Network is the largest first-party oracle network, delivering real-time market data to over 55 blockchains. Their unique architecture provides:
- Sub-second updates: Prices update every 400ms
- First-party data: Direct from exchanges and market makers
- Wide coverage: 350+ price feeds across crypto, equities, commodities, and forex
Use Cases on Camp Network
Dynamic Royalty Pricing
With Pyth’s price feeds, creators can set royalties that automatically adjust based on market conditions. For example:
- Set a minimum royalty in USD terms, paid in any supported token
- Dynamic pricing for limited-edition releases based on demand signals
- Multi-currency support for global creator economies
IP Collateralization
As IP becomes a recognized asset class, the ability to collateralize it requires accurate valuation:
- Borrow against your IP portfolio with real-time collateral monitoring
- Liquidation protection based on accurate market data
- Cross-chain collateral positions
Creator Tokens
For creators launching their own tokens:
- Accurate pricing for token-gated content
- Real-time conversion rates for multi-currency payments
- Price discovery for emerging creator economies
Technical Details
Pyth’s pull oracle model means applications pay only when they need prices, making it cost-effective for:
- On-demand royalty calculations
- Just-in-time licensing transactions
- Batch settlement operations
The integration uses Pyth’s EVM-compatible price feeds, ensuring seamless operation with Camp Network’s smart contracts.
What This Enables
This integration is a building block for Camp’s broader DeFi ecosystem:
- IP-backed lending with accurate collateral valuation
- Automated market makers for IP trading
- Derivatives on creator economies
- Insurance products for digital assets