Pyth Network is a specialized oracle solution for latency-sensitive financial data typically guarded by centralized institutions. Pyth Network is focused on bringing this unique data on-chain and aggregating it securely. Pyth connects high-fidelity market data from the world’s largest professional traders and exchanges to any smart contract. Anywhere.
Pyth Network is an oracle network built by some of the biggest names in traditional finance and DeFi, providing the infrastructure for DeFi to support reliable, institutional-grade market data oracles. Pyth is focused on continuous data originating off-chain and disseminating it at sub-second speeds, while maintaining advanced security.
Institutional-grade market data oracles are lacking in DeFi. Pyth is focused on finding a new and cheaper way to bring high-fidelity financial services data on-chain and aggregate it securely.