Pyth Network: The Data Backbone of Web3 and Beyond
In DeFi, speed and accuracy decide everything. Trades, lending, liquidations — all rely on real-time data. That’s where @Pyth Network comes in.
Unlike most oracles that rely on middlemen, Pyth sources data directly from first-party providers — leading exchanges, market makers, and financial institutions. Prices are near real-time, unfiltered, and trustworthy, with fully compliant global asset coverage and a one-millisecond update frequency.
🔹 DeFi Launch: Pyth conquered DeFi with free, accurate, decentralized data feeds. Today it delivers thousands of live prices — from crypto to equities, forex, and commodities — across Solana, Ethereum, and Layer 2s.
🔹 Institutional Expansion: Now Pyth is moving into the $50B+ institutional data market. With a subscription model, it provides verifiable on-chain feeds at lower cost, rewarding contributors and driving revenue.
$PYTH powers the ecosystem:
• Incentives for accurate data
• DAO governance
• Revenue sharing from institutional adoption
The vision: become the universal source of real-time market data for both DeFi and TradFi. Small DeFi projects and Wall Street banks can rely on the same trusted feeds.
The future of finance runs on data — and Pyth Network is building the rails.