What is Pyth Network?
Pyth Network is a decentralized oracle protocol that delivers real-time, high-fidelity financial market data to smart contracts and decentralized applications (dApps) across over 40 blockchains. Launched in 2021, it addresses the "oracle problem" in blockchain ecosystems by bridging traditional finance with DeFi, providing low-latency price feeds for assets like cryptocurrencies, equities, ETFs, FX pairs, and commodities. Unlike traditional oracles that rely on aggregated third-party data, Pyth sources information directly from over 120 first-party contributors, including major exchanges (e.g., Binance,