According to Deep Tide TechFlow, on June 19, the decentralized oracle solution Pyth Network announced its support for real-time price data of the UK FTSE 100 index, which covers the top 100 companies by market capitalization on the London Stock Exchange. Anyone can easily access on-chain price data for these companies, including global banks and insurance companies, energy giants and industrial enterprises, as well as well-known retailers and manufacturers.
These data sources are provided by institutional-grade market participants, updated every 400 milliseconds, and published in real-time across more than 100 blockchains. This further introduces traditional asset tracks into programmable finance, helping developers build more complex and precise applications, unlocking new use cases such as structured products, RWA, asset tokenization, and on-chain market intelligence.
It is reported that Pyth Network has supported over 100 blockchains and provided more than 1500 real-time price data feeds. Under the vision of a 'globally universal price layer', Pyth Network aims to bring the prices of all things on-chain while possessing advantages such as decentralization, timeliness, accuracy, security, transparency, and low cost, further becoming an important force in driving the reform of the global financial system.
