,$PYTH (PYTH) is a decentralized oracle network that provides real-time, high-quality market data* (like crypto prices, stocks, FX) to smart contracts on various blockchains.
Key Points:
- Use: Supplies on-chain apps with off-chain data (like prices of BTC, ETH, stocks, etc.)
- Source: Gets data directly from exchanges and financial institutions (e.g. Binance, Bybit)
- Blockchains supported: Solana, Ethereum, BNB Chain, and others
- Token: $PYTH is used for governance and incentivizing data publishers
Example Use Case:
A DeFi app on Solana can use Pyth to get the latest BTC price securely and without relying on centralized APIs.
#MarketPullback #CPIWatch #AmericaAIActionPlan #AITokensRally #CFTCCryptoSprint


