Pyth Network is a next generation oracle solution bringing high quality real time financial data on chain. It connects top institutional publishers like exchanges trading firms and market makers directly to blockchains providing price feeds for crypto equities FX and commodities with unmatched speed and accuracy.
1. CoreVision is to deliver the fastest and most reliable data to Web3
2. UniqueModel with data coming directly from institutional publishers
3. Over100 publishers including exchanges and market makers
4. Supports more than 500 price feeds across multiple asset classes
5. CrossChain reach with feeds deployed on more than 60 blockchains
6. Decentralized aggregation ensures reliable tamper resistant prices
7. PYTH token used for paying fees staking and governance
8. Publishers rewarded through data usage fees creating strong incentives
9. SubscriptionModel in phase two roadmap opening 50B market data industry
10. Verification process ensures transparency and accuracy of prices
11. Used by leading DeFi protocols for lending trading and derivatives
12. Expanding ecosystem beyond DeFi into CeFi RWAs and AI applications
13. HighFrequency updates delivering sub second latency price feeds
14. Security through aggregation reducing manipulation risks
15. CommunityGovernance with token holders shaping protocol direction
16. LongTerm incentive alignment between publishers users and stakers
17. StrategicBackers include JumpTrading FTXAlameda and other major firms
18. ContinuousExpansion adding more feeds and supported chains every quarter
19. BigPicture is to become the global standard for on chain market data
20. Pyth is not just an oracle but the financial data backbone for the tokenized economy