The @Pyth Network is a decentralized oracle network that delivers real-time financial data (like stock prices, crypto prices, commodities, and FX rates) directly on-chain.
Supported blockchains:
Pyth started on Solana, but now its data is available across 50+ blockchains including Ethereum, BNB Chain, Arbitrum, Optimism, Sui, Aptos, and more.
Use cases:
DeFi protocols (for lending, borrowing, trading, liquidations)
Derivatives & prediction markets
Automated trading strategies
Stablecoin price feeds
Token:
The $PYTH token is the native governance token of the network. Holders use it to participate in governance, staking, and to help secure the oracle system.
⚡ In short: Pyth is like a “data highway” that brings Wall Street-level price feeds into Web3, enabling smart contracts to interact with real-world markets instantly.