Douro Labs
@DouroLabs
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Building the oracle tooling, products, and Web3 infra to Pyth Network’s suite of decentralized data services
Joined July 2023
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Today we’re pulling back the curtain to announce our role as the latest core contributor to
@PythNetwork
Our team at Douro Labs is building oracle tooling, products and Web3 infrastructure that will expand the Pyth Network's suite of decentralized data services
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Douro Labs is focused on contributing alongside the Pyth Network data provider community and building developer-focused oracle tooling and protocol infrastructure
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We will initially work to implement the Perseus Upgrade for the Pyth oracle protocol and bring the network into a permissionless mainnet
Stay tuned for more
You can follow us and
@PythNetwork
for more info
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Douro Labs was formed by long-time Pyth Network contributors:
Mike Cahill (
@mdomcahill
), Jayant Krishnamurthy (
@jayantkrish
) and Ciaran Cronin (
@Rouz_CC
) in July 2023
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@PythNetwork
is the largest first-party oracle for financial data
Oracles are programmatic data feeds that bring off-chain data on-chain for smart contracts to use. They’re an essential component of
#DeFi
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The Douro Labs team is comprised of close to 20 passionate individuals with backgrounds from Goldman Sachs, Jump Crypto, BNP Paribas, Amazon Web Services, and Chorus One
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The Pyth oracle provides low-latency, high-fidelity, and tamper-resistant price data feeds directly to over 30 blockchains through a vast network of first-party data providers
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