š$PYTH Pyth Network: Live Prices, Straight from the Source
DeFi apps canāt see the real world on their own. Lending platforms, perps exchanges, stablecoinsāthey all need live, reliable prices. Thatās where Pyth comes in.
š” How it works
Exchanges & market makers publish prices + confidence
@Pyth Network aggregates them into a single, fast, auditable price
Apps pull the latest data on demandāfresh and cheap
ā” Why itās different
Direct from the source, not scraped
Updates in fractions of a second
Transparent & auditable
Costs drop because chains pull only what they need
š Where it shines
Perps & DEXs: margin, funding, liquidations
Lending: accurate collateral pricing
Stablecoins & risk tools: peg checks and circuit breakers
Beyond crypto: equities & economic stats moving on-chain
š” @Pyth Network token
Governance: steer feeds, fees, parameters
Skin in the game: publishers stake & can be penalized
Economics: usage fees reward contributors
šÆ TL;DR
If DeFi is the engine, Pyth is the live dashboard. Fast, transparent prices straight from the people who actually make the marketāgrab exactly what you need, exactly when you need it.