# GooseFX - Powered By Pyth

To power our DeFi suite, requires a fast and reliable oracle. This is where [Pyth Network](https://twitter.com/PythNetwork?ref=blog.goosefx.io) comes in!

<figure><img src="/files/OB4WwOXF8sm4J63MxTIH" alt=""><figcaption><p><a href="https://x.com/PythNetwork/status/1755169598763413534?s=20&#x26;ref=blog.goosefx.io">Pyth Network</a> powering a huge <em>network</em> of dApps!</p></figcaption></figure>

[Pyth Network](https://pyth.network/price-feeds?ref=blog.goosefx.io) provides more than 450 price feeds to over 300 dApps across various chains! At GooseFX, we've carefully selected Pyth as our trusted provider for price feeds. It serves as the backbone for both our Perps Market Maker and our groundbreaking AMM model that drives our Single-Sided Liquidity pools. These price feeds are the lifeblood of our trading ecosystem, but you might be wondering, *why PYTH?*

<figure><img src="/files/VDuHweBwOBDJFBqkI8kV" alt=""><figcaption><p>Why Pyth?</p></figcaption></figure>

* **Latency and Frequency of Updates:** [Pyth](https://pyth.network/benchmarks?ref=blog.goosefx.io) offers lightning-fast updates with high frequency which is crucial for our AMM to be as effective as possible!
* **Security Measures:** Pyth prioritizes security with tight measures such as [confidence intervals](https://pyth.network/blog/what-is-confidence?ref=blog.goosefx.io), providing added reliability and trustworthiness to the price data it delivers.
* **Ease of Integration:** Integrating Pyth into our platform was seamless and hassle-free, thanks to its user-friendly APIs and developer-friendly documentation.
* **Competitive Platform Fees:** Pyth's innovative [Pull Oracle design](https://pyth.network/blog/pyth-a-new-model-to-the-price-oracle?ref=blog.goosefx.io) enables us to enjoy competitive platform fees while maintaining the highest standards of accuracy and reliability.
* **Wide Coverage of Assets:** With Pyth, we have access to a vast array of assets, ensuring comprehensive coverage across various markets and instruments not only for our Perps DEX but also for our SSL Pools!


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