Solana's NYC Hacker House

Mar 25, 2022 • 6 Min Read
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This week, we bring you a special edition of DeFi Digest, stemming from the investigative journalism on Solana’s NYC Hacker House by Fundstrat’s in-house wassie, yours truly. Out of the week-long event, I attended the DeFi panels across two days, where representatives of DeFi protocols discussed the most pertinent issues in DeFi today and ways forward.

For a deep dive into another trending vertical in the space, DAO tooling, check out this week’s issue of the Crypto Weekly.

The panelists represented early-stage projects offering innovative solutions to a myriad of challenges in the DeFi space. I attempt to give an overview of each of them below:

Pyth Network

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Pyth Network is a Solana-based oracle network that supports a live stream of real-world financial and crypto market data. Through the network, crypto-adjacent companies such as exchanges, analytics platforms, and crypto-native projects can deliver data from nodes to smart contracts and vice versa.

Pyth boasts a coalition of 51 first-party data providers that contribute and stream data onto the Pyth Network, including heavyweights such as Alameda Research, Galaxy Digital, Jane Street, Jump Trading, and more. It is refreshing to see collaboration at ...

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