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About Pyth
Pyth Network is a decentralized oracle providing real-time financial data to smart contracts. Unlike traditional oracles, Pyth sources data directly from first-party providers—major exchanges, market makers, and trading firms.
Pyth offers sub-second price updates with confidence intervals, making it suitable for high-frequency DeFi applications. The network supports 400+ price feeds across crypto, equities, forex, and commodities.
Originally built on Solana, Pyth now serves 50+ blockchains through cross-chain messaging. It powers major protocols including GMX, Synthetix, and many derivatives platforms.
Key Features
First-Party Data
Direct from exchanges and market makers
Sub-Second Updates
High-frequency price feeds
Confidence Intervals
Price uncertainty quantified
400+ Price Feeds
Crypto, stocks, forex, commodities
Cross-Chain
Available on 50+ blockchains
Pull-Based
On-demand updates save gas
Use Cases
DeFi Pricing
Power DEXs and lending protocols
Derivatives
Price perpetuals and options
Liquidations
Accurate prices for collateral
Cross-Chain Apps
Consistent prices across chains
TradFi Integration
Stock and forex data on-chain
Project Info
Frequently Asked Questions
PYTH is the governance token for Pyth Network. Token holders can stake PYTH to participate in governance and earn rewards. PYTH was airdropped to users of protocols powered by Pyth data across multiple chains.
Pyth uses first-party data (direct from exchanges) vs Chainlink's third-party aggregation. Pyth offers sub-second updates vs Chainlink's periodic. Pyth is pull-based (on-demand), Chainlink is push-based. Both are widely used for different needs.
Pull-based means prices are updated on-chain only when requested, saving gas. Pyth stores prices off-chain and users/protocols pull the latest price when needed. This enables sub-second freshness without constant on-chain updates.
Pyth sources data from major institutions like Jane Street, CBOE, and Binance. The network has processed billions in DeFi volume. Confidence intervals show data quality. It's battle-tested across major protocols.
For users: protocols using Pyth handle it automatically. For developers: integrate Pyth SDK, fetch price updates, and submit them with transactions. Documentation provides examples for all supported chains.