Pyth Network is radically transforming the oracle landscape, shifting the paradigm from slow, costly data to lightning-fast institutional-grade precision.
Its core innovation lies in the Pull Oracle architecture: instead of continuously pushing (and paying for) data to the blockchain, users only "pull" a price update when an application specifically needs it.
This ingenious model slashes latency to an industry-leading sub-second (and as low as 1 millisecond with the Lazer Oracle), while dramatically reducing gas costs. Pyth sources its high-fidelity data directly from over 120 major exchanges and trading firms—the actual source of market truth.
By distributing this real-time financial data across over 100 blockchains via Wormhole, Pyth empowers high-frequency DeFi, derivatives, and lending platforms to operate with the speed, accuracy, and fairness required to truly compete with traditional finance. It is not just an oracle; it's the high-performance data layer for the future of finance.
