Mike Cahill is the Founder and CEO of Douro Labs, building oracle tooling, products, and Web3 infra for Pyth Network’s suite of decentralized data services.

In this episode, we discuss the vision for Pyth Network to make the price of everything, available everywhere onchain. Pyth is a household name among DeFi oracle providers for a reason, with 600 data feeds, 470 apps, and over 90 blockchains supported. But it didn't happen overnight! As a former high frequency trader at Jump, Mike shares the origin story for recognizing where DeFi would evolve and why he leaped at the chance to build Pyth. We also dive in their latest release of Pyth Lazer 1 ms price feeds, their partnership with Revolut, and where they are focused building next in 2025 to support a world rapidly migrating onchain.

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🔗 Essential Show Links 🔗

► Edge Newsletter: https://the-edge.xyz
► Youtube: https://youtube.com/@defidad
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► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/

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Timestamps

0:00 - Intro
4:57 - The origin of Pyth Network
15:40 - Betting early on Solana
21:30 - Mantle mid-roll
22:09 - Where is DeFi in its Gartner Hype Cycle?
26:08 - How builders choose the right oracle partner?
31:39 - The opportunity vs cost of supporting new blockchains
36:10 - Moonwell & Puffer Finance mid-roll
37:26 - Pyth Lazer 1 ms price feeds
40:51 - Revolut becomes a Pyth Network data publisher
44:46 - Pyth’s opportunity with AI agents
47:40 - Closing

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🔗 Guest Links 🔗

► Pyth website: https://www.pyth.network/
► Pyth x Revolut partnership: https://x.com/PythNetwork/status/1877007388777271410
► Pyth x Coinbase AgentKit: https://x.com/PythNetwork/status/1881367454599041421
► Pyth on X/Twitter: https://x.com/pythnetwork
► Mike on X/Twitter: https://x.com/mdomcahill

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If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/

All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.