Pyth Network [PYTH]
Pyth Network is a decentralized oracle that aggregates data directly from exchanges, market makers, and trading firms.
Pyth Network is a first-party financial oracle network designed to provide low-latency real-world data to multiple blockchains securely and transparently. It functions as a bridge, connecting the typically separate data repositories of traditional finance with the decentralized, transparent framework of blockchain technology.
Unlike traditional oracles that depend on nodes collecting data from public sources, Pyth distinguishes itself by incentivizing the original owners of financial data to directly contribute it to the blockchain. This distinctive "first-party" data model ensures Pyth's relevance in the growing realm of DeFi. The network's data providers, which include global exchanges, trading firms, and market makers, are the genuine creators and owners of the data they provide.
Unlike traditional oracles that depend on nodes collecting data from public sources, Pyth distinguishes itself by incentivizing the original owners of financial data to directly contribute it to the blockchain. This distinctive "first-party" data model ensures Pyth's relevance in the growing realm of DeFi. The network's data providers, which include global exchanges, trading firms, and market makers, are the genuine creators and owners of the data they provide.
Oracle
Current price
24h:1.1%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
78.76%All time low price
13.66%Token supply
1.5B PYTH (15.02%)
10B PYTH (100%)
$0
$0.255
$0
$2.55B
4.3B PYTH (42.96%)
5.05B PYTH (50.52%)