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Pyth Network
Pyth Network supplies real-time market data for decentralized applications.
Last updated 19 days ago
Company Info
Pyth Network is a decentralized oracle solution that provides timely and high-frequency financial market data directly on-chain for blockchain and DeFi projects. It functions as a crucial data infrastructure layer for Web3, offering precise price feeds for cryptocurrency, stocks, forex, commodities, and ETFs. Unlike other oracles, Pyth derives its data directly from institutional-grade data providers and trading firms, thus emerging as one of the fastest-growing DeFi oracle solutions.
Key Features of Pyth Network
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- Updates price feeds in milliseconds to facilitate faster DeFi trades and executions.
- Operates on 50 to 100+ blockchains, including Ethereum, Solana, Arbitrum, Optimism, and BNB Chain via Wormhole.
- Follows a pull-based model where dApps fetch data, resulting in lower gas costs and improved scalability.
- Provides highly precise data for cryptocurrencies, stocks, forex, commodities, and ETFs in DeFi applications.
- Updates price feeds in milliseconds to facilitate faster DeFi trades and executions.
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Company Details
Launch Date
Jan-2021
Contact Details
Zug, Switzerland
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