Pyth Network (PYTH)
Loading...
Loading...

About PYTH
Pyth Network (PYTH) is a decentralized, high-performance oracle solution that provides reliable, real-time financial market data to decentralized applications (dApps). It focuses on delivering accurate, low-latency data feeds for assets such as cryptocurrencies, equities, foreign exchange, and commodities. Built on the Solana blockchain, Pyth Network uses a network of data publishers to source price data directly from trusted financial institutions, making it ideal for DeFi applications. Pyth Network bridges the gap between traditional financial markets and decentralized platforms by providing the infrastructure needed for a reliable on-chain oracle. Through its strategic partnerships and innovative consensus mechanisms, Pyth Network aims to become the standard for high-fidelity data on public blockchains, enabling a wide range of financial applications.
Convert Fiat to Pyth Network
News
Circle and SBI Ignite Stablecoin Expansion in Japan—Major Exchanges Locked in
Circle secures Japan’s first stablecoin approval, unleashing a new era of digital finance, trading, and payments through a groundbreaking partnership with SBI Holdings. 'First and Only Stablecoin' Approved for Use in Japanese Markets Circle Internet Group Inc. advanced its international…

Hashrate Approaches Record High as Bitcoin Price Drives Mining Gains
Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 EH/s—edging close to the protocol’s historical peak. In addition, as bitcoin’s price has moved upward, the hashprice—representing the…

First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live
First-ever tokenization of U.S. dollar bank deposits on Ethereum signals a seismic shift in traditional finance, with stablecoins now fully regulator-approved. Custodia and Vantage Bank Complete Historic Stablecoin Transaction on Ethereum Custodia Bank announced on March 25 that it had…

XRP Enters Regulated Spotlight as 21Shares Hits Nasdaq Stockholm With Fully-Backed ETP
XRP’s pivotal role in cross-border payments gains momentum as new ETPs debut on Nasdaq Stockholm, signaling a breakthrough for compliant crypto access across Europe. XRP Accelerates ‘Breakthrough Moment for Crypto in Europe’ With Compliant ETP Access Crypto investment firm 21Shares…

Ripple Drops Cross-Appeal of SEC Case, Recovers $75M
The announcement comes just days after the SEC also walked away from its appeal of the verdict from the same lawsuit filed more than four years ago. $75M Win for Ripple as It Drops Cross-Appeal Against SEC In December 2020,…

Frequently Asked Questions about Pyth Network
What is Pyth Network (PYTH)?
Pyth Network (PYTH) is a decentralized oracle solution that provides real-time, high-quality financial data to blockchain applications. It is built on Solana and connects traditional finance with DeFi through reliable data feeds.
How does Pyth Network work?
Pyth Network collects data directly from financial institutions and sources, and then publishes it on-chain using decentralized, high-performance infrastructure. This allows DeFi applications to access trusted data without intermediaries.
What types of data does Pyth Network provide?
Pyth Network provides a variety of data, including real-time prices for cryptocurrencies, stocks, foreign exchange, and commodities, which are critical for powering DeFi applications and protocols.
Why use Pyth Network for financial data?
Pyth Network's decentralized model ensures transparency and reduces reliance on traditional, centralized data providers, offering DeFi applications high-quality, reliable data from trusted sources directly.
Is Pyth Network integrated with other blockchains?
Yes, Pyth Network can be accessed across different blockchains via cross-chain bridges, allowing dApps on multiple platforms to benefit from its data.
How is Pyth Network data verified?
Pyth Network employs a unique consensus mechanism that leverages multiple data publishers, ensuring data accuracy by cross-verifying information from various financial institutions before publishing it on-chain.
Where can I find Pyth Network’s data feeds?
Pyth Network’s data feeds are available on the Solana blockchain and accessible through various wallets and applications supporting Solana. Pyth also provides data feeds via cross-chain bridges.
How can developers integrate Pyth Network data?
Developers can integrate Pyth Network data using APIs and SDKs provided on the Pyth Network documentation, enabling real-time data integration into smart contracts and dApps.