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Pyth

Pyth

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.

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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.

Category
Oracle
Jul 2, 2021
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