Exciting Updates Live at PRDT.Finance: Enhanced Price Feeds, Lower Spreads, and Expanded Trading Options

PRDT Finance
Coinmonks
3 min readJun 14, 2024

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Dear PRDT Community,

We are excited to announce that our latest updates are now live, bringing enhanced features and improvements to your trading experience on PRDT.finance. Here’s a detailed look at what’s new:

Transition to Pyth Network for Price Feeds

Why Pyth Network?

Unmatched Data Accuracy and Reliability: We have transitioned our price feeds from Binance to Pyth Network to ensure greater accuracy, reliability, and security of our platform’s data. Pyth Network aggregates real-time data from over 95 first-party sources, including major exchanges and trading firms. This robust data collection guarantees that the price information reflects the latest market conditions with high fidelity and reliability.

High Security Standards: Security is paramount at Pyth Network. By using a decentralized approach to aggregate data, the risk of single points of failure and data manipulation is significantly reduced. Each price feed is updated multiple times per second, providing real-time accuracy and enhancing the security of the information.

Truly Cross-Chain: New Blockchain Integrations

We are excited to announce that PRDT PRO has now launched on three new blockchains: Avalanche, Optimism, and Base. Users can now seamlessly trade and deposit into our PRO version via these chains. This expansion allows for greater flexibility and access to various blockchain ecosystems. Additionally, we are thrilled to announce that Solana support will be live next week, further enhancing our cross-chain capabilities.

Enhanced Trading Spreads

Key Changes:

Significant Decrease in Spreads: To ensure our users can trade more efficiently and benefit from tighter spreads, we have reduced the spreads across various timeframes. This change is aimed at enhancing trading precision and maximizing potential returns.

Highest Decrease for 1-Minute Rounds: The most notable reduction can be seen in our 1-minute rounds. Given the high-frequency nature of these trades, minimal spreads are crucial. This adjustment allows for more competitive trading and better alignment with rapid market movements.

Expanded Trading Options

We are thrilled to announce the expansion of our trading options, now including more Crypto and FOREX markets. This exciting addition enhances your trading experience and provides more diverse investment opportunities.

New Trading Options:

BNB (Binance Coin): As one of the top cryptocurrencies by market capitalization, BNB offers significant trading potential. The addition of BNB to our platform allows users to leverage its volatility and growth.

PEPE: The inclusion of PEPE, a popular meme coin, adds another exciting trading option. PEPE’s dynamic market movements and growing community interest make it an attractive asset for traders seeking new opportunities.

MATIC (Polygon): Adding MATIC provides users with more opportunities to trade in the rapidly growing Layer 2 ecosystem.

ARB (Arbitrum): ARB, the token associated with the Arbitrum network, represents another valuable addition. Arbitrum is a leading Layer 2 scaling solution for Ethereum and is now listed on PRDT PRO.

FOREX (Foreign Exchange Market): We have introduced FOREX trading, including major currency pairs such as EUR/USD, GBP/USD, and USD/JPY. FOREX trading on PRDT.finance enables users to engage in one of the largest and most liquid markets in the world.

New Deposit Module

We are also excited to announce that our new deposit module is now live. This module enhances your experience on our platform, making deposits more seamless and efficient.

Thank you for your continued support. We are committed to providing you with the best trading experience possible.

Together, we are building a more innovative and resilient trading platform, ensuring you have access to the tools and data you need to succeed. Here’s to reaching new heights and achieving greater successes with PRDT!

Join us today and experience the new updates firsthand. Visit PRDT.finance and start trading with enhanced features and improved performance.

Happy trading!

Disclaimer: The information provided in this post is for educational and informational purposes only and does not constitute financial advice. Trading and investments carry risks, and readers should conduct their own research and consult professionals before making any investment decisions. Remember, staying informed is key to navigating the complexities of the trading market.

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PRDT Finance
Coinmonks

PRDT.finance is the first fully decentralised prediction platform. Users can bet on the price of an asset and get rewarded for predicting correctly.