📊 Pyth Network – A new generation oracle for DeFi
@PythNetwork is asserting its position as a first-party decentralized financial oracle, providing real-time market data directly on-chain. The biggest difference of @PythNetwork is that it does not require an intermediary (node) – the data is transmitted directly from top providers in both traditional finance and Web3.
This makes price information, indices, and market data safer, more transparent, and more reliable for the entire DeFi ecosystem. With hundreds of high-quality data sources and an almost instantaneous update speed, @PythNetwork is becoming an important infrastructure for decentralized financial applications globally.
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