Pyth Network, identified by the symbol PYTH, stands as a specialized first-party oracle network dedicated to delivering high-fidelity financial market data directly on-chain, in real time and at high frequency. Unlike many other oracle solutions, Pyth sources its data from a growing collective of top-tier institutions and professional trading firms, including exchanges, market makers, and financial service providers. This unique first-party approach ensures that the data being fed to smart contracts is not only accurate and reliable but also originates directly from the source of the market activity itself, mitigating potential risks associated with data aggregation from multiple untrusted sources.
The network is engineered to provide latency-sensitive market data for a vast array of financial assets, encompassing hundreds of price feeds for cryptocurrencies, equities, foreign exchange FX pairs, and commodities. This comprehensive coverage and the sub-second updates make Pyth an indispensable piece of infrastructure for sophisticated decentralized finance DeFi applications, such as derivatives trading, lending protocols, and various on-chain financial instruments that demand precise and timely market information. The design incentivizes data providers to publish accurate and consistent data, as their reputation and potential rewards are directly tied to the quality of their contributions. A key architectural strength of Pyth Network is its ability to operate seamlessly across multiple blockchains. Through robust cross-chain messaging solutions, like Wormhole, Pyth can deliver its valuable data feeds to a wide range of decentralized applications regardless of their underlying blockchain, fostering interoperability and expanding the reach of high-quality financial data across the entire Web3 ecosystem.
The PYTH token is the native governance token of the Pyth Network. Holders of PYTH are empowered to participate in the decentralized governance of the protocol, influencing critical decisions related to protocol upgrades, economic parameters, and the strategic direction of the network. This governance model ensures that the network remains community-driven and adaptable to the evolving needs of the DeFi landscape. By providing transparent, tamper-resistant, and verifiable market data, Pyth Network significantly enhances the security and reliability of DeFi applications, making them more robust and trustworthy for users and developers alike. It plays a pivotal role in bridging the gap between traditional financial markets and the decentralized world, underpinning the infrastructure required for the next generation of innovative financial products.
Pyth Network [PYTH] is a token based on Solana blockchain. The most actual price for one Pyth Network [PYTH] is $0.108173. Pyth Network is listed on 38 exchanges with a sum of 88 active markets. The 24h volume of [PYTH] is $29 559 853, while the Pyth Network market cap is $392 126 532 which ranks it as #157 of all cryptocurrencies. You can find more information about Pyth Network [PYTH] on pyth.network
# | Exchange | Pair | Volume (24h) | Price | Volume (%) | Category | Fee Type | Updated |
---|---|---|---|---|---|---|---|---|
1 | ![]() C | $23 341 552.48 | $0.108016 | 79.020000% | Derivatives | Percentage | 2 minutes ago | |
2 | ![]() C | $4 642 746.74 | $0.108086 | 15.720000% | Spot | Percentage | 3 minutes ago | |
3 | ![]() C | $4 641 987.57 | $0.108086 | 15.710000% | Spot | Percentage | 2 minutes ago | |
4 | ![]() C | $2 185 826.59 | $0.107986 | 7.400000% | Spot | Percentage | 2 minutes ago | |
5 | ![]() C | $2 108 855.14 | $0.108926 | 7.140000% | Spot | Percentage | 2 minutes ago |
#24
29.83%
#121
-12.62%
#1
1.14%
#4073
no data
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Website | pyth.network |
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Source code | github.com |
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Asset type | Token |
Contract Address |
Explorers (1) | solscan.io |
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Tags |
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Forum | linkedin.com |
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How to buy Pyth Network? How can I buy the Pyth Network coin? Pyth Network stock how to buy? How to get Pyth Network?
To find out where you can buy currency Pyth Network see the list of available exchanges.
Where to trade Pyth Network?
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Pyth Network, identified by the symbol PYTH, stands as a specialized first-party oracle network dedicated to delivering high-fidelity financial market data directly on-chain, in real time and at high frequency. Unlike many other oracle solutions, Pyth sources its data from a growing collective of top-tier institutions and professional trading firms, including exchanges, market makers, and financial service providers. This unique first-party approach ensures that the data being fed to smart contracts is not only accurate and reliable but also originates directly from the source of the market activity itself, mitigating potential risks associated with data aggregation from multiple untrusted sources. The network is engineered to provide latency-sensitive market data for a vast array of financial assets, encompassing hundreds of price feeds for cryptocurrencies, equities, foreign exchange FX pairs, and commodities. This comprehensive coverage and the sub-second updates make Pyth an indispensable piece of infrastructure for sophisticated decentralized finance DeFi applications, such as derivatives trading, lending protocols, and various on-chain financial instruments that demand precise and timely market information. The design incentivizes data providers to publish accurate and consistent data, as their reputation and potential rewards are directly tied to the quality of their contributions. A key architectural strength of Pyth Network is its ability to operate seamlessly across multiple blockchains. Through robust cross-chain messaging solutions, like Wormhole, Pyth can deliver its valuable data feeds to a wide range of decentralized applications regardless of their underlying blockchain, fostering interoperability and expanding the reach of high-quality financial data across the entire Web3 ecosystem. The PYTH token is the native governance token of the Pyth Network. Holders of PYTH are empowered to participate in the decentralized governance of the protocol, influencing critical decisions related to protocol upgrades, economic parameters, and the strategic direction of the network. This governance model ensures that the network remains community-driven and adaptable to the evolving needs of the DeFi landscape. By providing transparent, tamper-resistant, and verifiable market data, Pyth Network significantly enhances the security and reliability of DeFi applications, making them more robust and trustworthy for users and developers alike. It plays a pivotal role in bridging the gap between traditional financial markets and the decentralized world, underpinning the infrastructure required for the next generation of innovative financial products.
Pyth Network is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.
What is the Pyth Network coin cap?
Circulating supply of this Pyth Network is 3624987956. Total supply of this coin/token is 9999987956. Max supply is 10000000000.
What is the value of Pyth Network coin?
1 Pyth Network is worth $0.108173.
To get price and historical data for Pyth Network coin, use API ID: pyth-pyth-network for endpoints at http://api.coinpaprika.com.