Pyth Network

Kalshi uses Pyth Pro as the resolution source for its Commodities Hub.

Prediction markets trade around the clock, but commodity markets were built around exchange windows that close at night and on weekends. That creates a simple problem for 24/7 markets: contracts still need reliable resolution when traditional venues are closed.

Kalshi integrated Pyth Pro to support commodity markets tied to gold, silver, Brent crude, natural gas, copper, corn, soybeans, and wheat.

Pyth Pro gives Kalshi real-time commodity pricing sourced directly from firms trading the underlying assets, so contract resolution can keep working across regular market hours, overnight sessions, and weekends.

For prediction markets, the price feed is not just a chart. It is the reference point used to settle outcomes clearly and consistently.

That is why commodity resolution matters.

As Kalshi expands into more real-world markets, Pyth Pro gives it one data layer across commodities, equities, FX, indices, and more, without rebuilding the pricing setup for every new asset class.

24/7 markets need resolution infrastructure that keeps up.

Kalshi is using Pyth Pro to support that layer for commodities.

#Kalshi #trading

LIVE: 222 U.S. equities are now 24/5 on Pyth Pro 🇺🇸

Real-time data. Overnight coverage. One integration.

U.S. equities do not only trade between 9:30 AM and 4:00 PM anymore. Price discovery now stretches across pre-market, regular market hours, post-market, and overnight sessions.

Pyth Pro brings 222 U.S. equities into 24/5 coverage, giving exchanges, trading apps, prediction markets, and perpetual venues a single integration for real-time equity data across the full trading week.

That includes overnight coverage, where access to reliable pricing has historically been limited by venue access, licensing, and fragmented market-data relationships.

For teams building around U.S. equities, the requirement is simple: the price needs to be available when the market is still moving.

222 U.S. equities are live 24/5 on Pyth Pro.

Access through Pyth Terminal: https://app.pyth.com

#equity #US

RWA Perp Report, July 2026.

Tracked RWA perp volume reached $708.3B in July, the biggest month on record and up 69.6% from June.

95.2% of that volume was priced using Pyth data.

The memory trade dominated the month. SanDisk, SK Hynix, Micron, and SOXL accounted for roughly 81% of the market’s growth as demand for memory chips continued to surge.

Equities more than doubled in July, reaching $477.1B in volume and accounting for 64.7% of the tracked RWA perp market. Commodities still grew 15%, but lost market share as equities expanded faster.

Binance and Hyperliquid handled 70% of the market between them. OKX doubled its volume and took third at $100.7B, the largest share gain of any major venue.

CXMT traded as a perp for thirteen days before it began trading publicly.

Its Shanghai debut closed up 465.8%, making it the most valuable company listed on a mainland Chinese exchange.

Live on Pyth from the first tick.

July was the biggest month on record for tracked RWA perps with $708.3B in volume and 95.2% priced using Pyth data.

#RWA #perp

Asian equities are going live on Pyth Pro.

🇰🇷 Korea, 🇭🇰 Hong Kong, 🇨🇳 Mainland China

Korean equities are live with SK Hynix, Samsung, NAVER, and Kakao, with 100+ more on the way.

Hong Kong equities are live with 100+ listings, including Tencent, BYD, Xiaomi, Alibaba, and the names that move the Hang Seng.

Mainland China equities are live with Cambricon, GigaDevice, Montage Technology, and CXMT, the largest chip listing in Chinese history.

Regional equity data has historically been fragmented across brokers, venues, and market-specific access.

Now Korea, Hong Kong, and Mainland China equities are expanding through the same Pyth Pro package.

All three arrive through the same Pyth Terminal experience already used to access 3,500+ feeds.

Asian equities are expanding on Pyth Pro.

Access the Asian Equities Package via Pyth Terminal: https://app.pyth.com

#Asianmarket #RWA

$44.5B in daily volume across the top 12 RWA perp markets.

97.6% powered by Pyth 🔮

The largest markets are no longer only crypto pairs.

SanDisk. SK Hynix. Micron. Gold. Oil. Silver. SpaceX. Nasdaq 100. S&P 500.

Equities, commodities, metals, ETFs, indices, and private-market exposure are now trading as perp markets, with billions in daily volume moving through assets that historically belonged to traditional finance.

The top 12 alone show the shift:

→ SNDK: $10.3B daily volume
→ SKHYNIX: $7.98B
→ MU: $5.44B
→ SOXL: $4.91B
→ GOLD: $4.21B
→ OIL: $1.81B
→ SPCX: $1.50B
→ NASDAQ: $1.34B
→ SP500: $1.01B

These markets need prices that can support always-on trading, margin, liquidations, funding, and risk management.

That is where Pyth sits.

Across the top RWA perp markets by daily volume, Pyth provides the pricing layer for nearly all activity.

Traditional assets are moving into internet-native markets.

The pricing infrastructure is already there.

#RWA #PYTH

Asian equities are live on Pyth Pro 🌏

More than 100 feeds are live today across Hong Kong, mainland China, South Korea, and Japan, expanding toward 450+ as coverage comes online.

🇭🇰 Hong Kong

Over 100 listings, including Tencent, BYD, the ChinaAMC CSI300 ETF, and the FTSE China A50 ETF.

The gateway to Chinese equity exposure for the global investor base.

🇨🇳 Mainland China

Cambricon, GigaDevice, Montage Technology, and CXMT.

AI accelerators, memory, foundry.

China’s domestic chip industry, priced as it trades.

🇰🇷 South Korea

SK Hynix and Samsung Electronics, the two names at the center of the AI memory cycle, alongside NAVER, Kakao, LG Energy Solution, Krafton, and Hyundai.

🇯🇵 Japan

Toyota, Sony, Nintendo, SoftBank, Tokyo Electron, Advantest, Keyence, and other names sitting across autos, consumer technology, banks, and the semiconductor supply chain.

🇮🇳 India next.

Coverage across the region continues to expand.

Proven on day one.

When CXMT debuted in Shanghai, the largest chip listing in Chinese history, TradeXYZ ran a live market from the first session, priced by the Pyth feed as its external pricing source during regular market hours.

Mainland Chinese equity data is some of the hardest to reach anywhere, gated by regional brokers, licensing, and per-market contracts.

Pyth sources it straight from the firms trading these names and delivers it through the same integration already covering U.S. equities, 24/7 indices, FX, commodities, metals, fixed income, and crypto.

One contract. One format. Every market.

Asian Equities are live now on Pyth Pro.

Access the package from Pyth Terminal: https://app.pyth.com

#stocks #RWA

Pyth has been named a finalist for the 2026 Finovate Awards 🌐

The category: Best Cryptocurrency Application for FIs.

That matters because this is where crypto infrastructure gets judged by its relevance to financial institutions, not just crypto-native markets.

Pyth is being recognized for helping bring institutional-grade market data infrastructure to modern financial applications.

That has been the core direction from day one: reliable market data, built for the applications, venues, and institutions that need real-time prices across today’s markets.

As finance becomes more programmable, global, and always on, the infrastructure underneath it needs to meet institutional standards.

Pyth being named a Finovate Awards finalist is another signal that market data infrastructure is becoming one of crypto’s clearest institutional use cases.

From onchain markets to financial applications, Pyth keeps moving closer to the center of modern market infrastructure.

#RWA #PYTH

The largest mainland Chinese IPO, priced from the first tick. 🇨🇳

ChangXin Memory Technologies ($CXMT) is live on Pyth Pro, marking Pyth’s first day-one feed for a mainland Chinese IPO.

CXMT is China’s largest maker of DRAM, the memory used across servers, phones, and PCs. Its STAR Market debut is the largest chip listing in Chinese market history and Asia’s largest IPO of 2026.

A newly listed stock has no trading history before the opening print. Any exchange, perpetual platform, or prediction market building around that asset needs a reliable feed from the first trade, not hours later.

Pyth delivered real-time CXMT data from the opening print, giving market venues pricing inputs on day one.

As CXMT began trading in Shanghai, TradeXYZ integrated the Pyth CXMT feed as an external pricing source for its market.

This also extends Pyth Pro’s Asia equity catalog: Hong Kong equities now span close to 100 listed stocks, while Mainland China and South Korea coverage includes names such as GigaDevice, Montage Technology, Cambricon, SK Hynix, and Samsung, with Japan on the roadmap.

One integration now covers U.S. equities, Asian equities, FX, commodities, fixed income, crypto, and more through Pyth Pro.

CXMT is live on Pyth Pro today.

Access the Asian Equities package through Pyth Terminal: https://app.pyth.com

#china #PYTH

Building the modern index provider 🔮

Maintaining index prices is one of the strongest businesses in finance.

An index provider defines a methodology, keeps a price updated, and licenses venues the right to use it. It does not trade the asset, take positions, or run the products built on top.

That model has been hard to enter because high-quality data and the rights to use it have historically been gated and expensive.

Pyth Indices are built for the market structure forming now: markets that never close, using data built for the way assets trade today.

More than 125 trading firms, exchanges, and market makers publish prices directly to Pyth across equities, metals, FX, and commodities.

That lets a Pyth index follow price discovery across traditional venues during market hours, then across onchain and offchain venues where markets referencing those assets keep trading after hours.

One index, many venues.

Take SPCX. During the day, its price comes from the U.S. exchanges where it trades, anchored by Nasdaq. In pre-market and after-hours sessions, it comes from venues running extended trading. When those close, the index can reference onchain and offchain venues where SPCX-linked markets still trade.

The methodology combines prices from venues carrying meaningful volume, so no single venue drives the aggregated price.

That is the gap a modern index provider fills.

Users do not think in market hours, and applications cannot offer always-on access without reliable prices outside standard trading windows.

Pyth Indices are live across equities, metals, commodities, and FX, with a growing library of 24/7 indices built for markets that never close.

Get access here: https://www.pyth.network/indices

#RWA #PYTH

$400B traded. 99.8% priced by Pyth.

Nine months in, HyperLiquid HIP-3 has become a round-the-clock venue for equities, commodities, FX, metals, indices, and other real-world asset markets.

Traditional market infrastructure was never designed for continuous trading.

Equity exchanges close overnight, commodity markets follow regional schedules, and legacy data licensing can make redistribution and product creation slow.

Trader demand now moves faster than those constraints.

When macro events hit over a weekend or geopolitical risk shifts outside exchange hours, market participants want access immediately instead of waiting for traditional venues to reopen.

Hyperliquid needed a pricing layer built for that reality.

Through HIP-3, Pyth provides continuous access to institutional-grade market data across equities, commodities, foreign exchange, metals, and digital assets through one integration.

That pricing infrastructure now supports market creators across the Hyperliquid ecosystem, including Trade[XYZ], Dreamcash, MarketsXYZ, Paragon, and other HIP-3 venues using Pyth-powered pricing.

The impact is already visible:

→ $400B+ in cumulative HIP-3 trading volume
→ 352,000+ unique traders
→ 158M+ trades
→ $25M+ in trading fees
→ $6B+ in open interest across HIP-3 markets

Trade[XYZ] alone currently supports more than $3.5B in open interest.

During heightened geopolitical tensions around Iran and the Strait of Hormuz, traders wanted continuous crude exposure even while traditional market schedules created gaps.

Pyth’s 24/7 Oil Index was built for that kind of always-on environment, using institutional and onchain market sources to support continuous crude oil price discovery.

HIP-3 is not just a crypto-native venue now.

It is becoming a 24/7 macro trading venue, and Pyth powers the vast majority of market activity inside Hyperliquid’s HIP-3 global markets.

Markets that never close need pricing that never disappears.

#RWA #Hyperliquid

The Best Business in Finance Nobody Can Enter.

Most people picture an index as a number on a screen. The S&P 500 up half a percent, the Nasdaq down a point.

Behind that number sits one of the most profitable business models in finance.

An index is a rules-based measure of a market or a defined set of assets. The provider does not trade, take positions, or run the ETF, futures contract, or perpetual built on top of it.

It maintains the methodology, publishes the number, and licenses the right to reference it.

That is where the money comes from.

In 2025, S&P Global’s Indices division generated $1.85B in revenue and $1.27B in operating profit, with roughly 69% operating margin.

MSCI’s Index segment generated $1.79B in revenue, with $770.7M coming from asset-based fees tied to assets and trading volume rather than fixed licensing.

The model has been hard to enter because index providers need high-quality data, rights to use that data, and distribution into products people actually trade.

Now a new set of venues needs indices the established providers were never structured to supply.

Exchanges, prediction markets, and onchain applications trade equities, commodities, and FX around the clock. They need prices that hold continuously on assets that were never priced that way.

Pyth Indices are live today across equities, metals, commodities, and FX, built on first-party data from the venues where these assets trade at every hour.

The set is growing.

Explore Pyth Indices: https://www.pyth.network/indices

#PYTH #RWA

21 Pyth Indices are live today 🔮

The suite now covers 14 U.S. equities, 3 commodities, 2 FX pairs, and 2 metals, bringing more traditional market exposure into pricing infrastructure built for markets that do not stop at the closing bell.

That is the point of Pyth Indices.

Always-on markets need reference prices that stay available when apps, exchanges, and traders are still active.

U.S. equities, commodities, FX, and metals now sit inside the same 24/7 index layer from Pyth.

24/7 markets. 24/7 pricing.

Explore Pyth Indices: https://www.pyth.network/indices

#RWAS #pyth

Fixed income data is live on Pyth 🌐

Three of the leading institutional sources of bond pricing are now on Pyth: Fenics Market Data. OpenYield. Tradeweb.

Fenics Market Data is the data distribution business of BGC Group, one of the world’s largest interdealer brokers, representing more than $1T in daily OTC transaction volume across rates, credit, FX, commodities, and energy.

Dealer-to-dealer pricing, now accessible through Pyth.

OpenYield brings firm, executable bond pricing to Pyth.

Not indicative marks.

OpenYield’s coverage spans the full U.S. Treasury curve, thousands of corporate bonds, and tens of thousands of municipals.

Tradeweb is one of the world’s leading electronic marketplaces for fixed income, bringing live pricing across government bonds, credit, and rates.

It also brings Tradeweb FTSE Benchmark Closing Prices, the benchmark end-of-day closing prices for government bonds used across institutional finance.

One integration.

Equities. Futures. FX. Crypto. Commodities.

Now fixed income.

Institutional markets, together on one network.

Institutional fixed income pricing is now available through Pyth Pro and the Pyth Data Marketplace.

#PYTH #RWA

South Korea’s SK Hynix is now live on Pyth Pro 🔮

The SKHY feed comes with extended 24/5 coverage, adding another global equity name to Pyth Pro’s market-data catalog.

For builders, SKHY pricing can now be accessed through the same Pyth Pro setup used across thousands of assets, instead of creating a separate data workflow for one market.

Semiconductor exposure is increasingly global, and markets around names like SK Hynix do not fit neatly inside a single trading window.

Pyth Pro gives applications access to SKHY data with extended coverage, alongside real-time data for 3,500+ assets.

Get access through Pyth Terminal: https://app.pyth.com

#SKHy #RWA

The cat’s out of the bag and Robinhood Summer is here 🐈

$CASHCAT is now live on Pyth Pro.

The Solana memecoin named CASHCAT now has a Pyth Pro price feed available through Pyth Terminal, giving builders access to real-time data through the same product used across thousands of assets.

CASHCAT is also live on Arcus, powered by Pyth Pro on Robinhood Chain.

That is the key point: new markets need reliable pricing before applications can build around them.

From institutional assets to fast-moving onchain tokens, Pyth Pro keeps expanding the data layer for markets as they form.

#PYTH

Ondo Perps is live.

Equity and RWA perps, with tokenized stocks posted as collateral, powered by Pyth Pro.

Ondo Perps supports up to 20x leverage on equity perps, with tokenized stocks used as collateral and up to $3 million in rewards for eligible users.

The market list spans assets including oil, gold, silver, Apple, Tesla, Nvidia, Meta, Coinbase, Microsoft, SpaceX, and other equity and RWA markets.

Ondo says the platform is available for permissionless trading 24/7/365 and is the first platform to allow tokenized stocks as collateral.

That matters because equity and RWA perps need reliable market data to support always-on trading, collateral valuation, liquidations, and risk management.

Pyth Pro provides the real-time price layer for these markets.

No expiry. No closing bell.

Equity and RWA perps, powered by Pyth Pro.

#ONDO #perp

The Pyth revenue engine is running. 🔮

Pyth Pro crossed $6M in ARR within months of launch, with subscription ARR more than doubling quarter over quarter, up 109%.

Accounts also more than doubled in Q2, moving from 47 to 107, while gross new ARR crossed $1M for three straight months.

The revenue numbers are strong, but they only tell part of the story. The bigger signal is what that growth is turning into.

Instead of building one revenue engine, Pyth is now building three.
Pyth Pro monetizes access by giving exchanges, prediction markets, institutions, and AI systems one integration for institutional-grade market data across asset classes and geographies.

The Pyth Data Marketplace monetizes distribution by allowing institutions to bring their own data to Pyth, sell it through the network, and keep control over how it reaches downstream users.

Euronext, Kalshi, OTC Markets, SGX, and Tradeweb are already using the Marketplace to distribute their data.

Pyth Indices monetizes markets by providing 24/7 indices across single assets and baskets, with Coinbase, Kalshi, Kraken, Nado, dYdX, and others already building markets on top.

That is what H1 2026 showed: Pyth Pro grows with subscribers, the Marketplace grows with publishers, and Indices grow with the markets themselves.

Pyth is getting embedded across the workflows that define how markets now run, from exchanges and prediction markets to AI systems, institutional data distribution, and index-based markets that never close.

The foundation is built. The engines are running. Two of them are just getting warm.

#RWA #PYTH

Beware of the black bull 🐂

$ANSEM is now live on Pyth Pro.

The Solana memecoin named after Ansem joins Pyth Pro’s real-time data catalog, bringing another fast-moving onchain asset into the same infrastructure used across equities, commodities, FX, crypto, and more.

That matters because memecoins move fast, liquidity can fragment quickly, and applications need pricing infrastructure that can keep up with markets as they form.

With ANSEM live on Pyth Pro, builders can access real-time market data through the same integration used for 3,500+ assets.

From institutional indices to Solana-native assets, the Pyth data layer keeps expanding.

Get access through Pyth Terminal.

#PYTH #Ansem

Pyth DAO voting is now open 🗳️

Three proposals are live for governance:

OP-PIP-120 performs routine maintenance on the Pythian Council Ops Multisig and Price Feed Council Multisig.

CO-PIP-121 proposes withdrawing the remaining PYTH from the OIS reward pool and returning it to the Pyth DAO Treasury.

CO-PIP-122 covers Douro Labs’ proposed acquisition of Pyth Express Relay, with 100% of the proceeds going to the Pyth DAO Treasury.

Voting closes July 7 at 6:00 PM UTC.

Review each proposal, read the full forum discussion, and cast your vote through Pyth governance.

#RWA #PYTH

SPCH and SSPC are now live on Pyth Pro.

The two leveraged ETFs from Leverage Shares are available alongside the existing 24/7 SpaceX stock feed, SPCX.

SPCH is the 2x Long SPCX Daily ETF, targeting twice SPCX’s daily move. SSPC is the 2x Short SPCX Daily ETF, targeting the inverse at -2x.

One long. One short. The same underlying.

The important word is daily.

Both products reset every day to maintain their target exposure. Over longer holding periods, daily compounding and volatility can cause performance to drift from a simple 2x or -2x move in SPCX.

That design puts the underlying price in focus because the products rebalance against SPCX each day.

Leverage magnifies everything, including data errors. A delayed or off-market underlying price can be multiplied through the daily reset.

Pyth sources SPCX directly from the institutions trading it, allowing the price to reflect the market as it forms.

For perpetual venues, the same Pyth feed can support fair mark prices and liquidations, funding-rate stability, collateral and margin valuation, and market displays.

One integration across SPCX and its leveraged products.

SPCH, SSPC, and SPCX are all live on Pyth Pro now.

Get access to these feeds and 3,000+ others through Pyth Terminal.

#PYTH #RWA!