Pyth Network has surpassed Chainlink in transaction volume over the past 30 days, despite having a lower total value of secured assets (TVS). This is due to the Pull Oracle model, which provides data on demand, making it ideal for high-frequency applications such as trading. 📉

Niklas Kunkel noted that Chainlink is losing market share to competitors like Pyth and Redstone. Pyth achieved $36 billion in transaction volume over the past 30 days, highlighting the demand for high-frequency data.