Pyth Network company
Overview
Pyth Network is a decentralised oracle protocol built natively on Solana that delivers real-time financial market data on-chain. Its distinguishing design is first-party data: rather than relying on third-party node operators scraping public sources, Pyth takes prices directly from 90+ institutional publishers including Cboe, Jump Trading, Binance, Jane Street and Wintermute, covering cryptocurrencies, equities, foreign exchange and commodities. Aggregation happens on Pythnet, an independent proof-of-authority appchain forked from Solana's codebase that acts as the computational layer, running an aggregation algorithm that combines publishers' individual quotes into a single price with sub-second (sub-400ms on Solana) latency. Prices are then made available to 50+ blockchains through a pull-oracle model, in which applications request and pay for updates on demand rather than having feeds continuously pushed. Pyth offers 450+ price feeds and reports securing over $100 billion of value across 300+ integrated protocols. Publishers must stake PYTH tokens, earn PYTH rewards and a share of data fees, and can be slashed for errors. Pyth launched on Solana as a first-party oracle and later added Pythnet, a Solana-codebase proof-of-authority appchain, as its aggregation layer. It moved to a pull-oracle model on Solana and expanded distribution to more than 50 blockchains, introducing the PYTH token with staking and slashing for publishers.
Within the DeFi Intel graph, Pyth Network connects to 10 tracked entities, most strongly to Ethereum, Solana, B2C2.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 10 total).
| Relation | Connected entity | Confidence |
|---|---|---|
integrates_with | Ethereum | 95% |
integrates_with | Solana | 95% |
partnered_with | B2C2 | 90% |
owns | Pyth Lazer | 90% |
owns | Pyth Data Marketplace | 90% |
partnered_with | Fidelity Digital Assets | 85% |
partnered_with | Tradeweb | 85% |
partnered_with | OTC Markets Group | 85% |
partnered_with | Euronext | 85% |
invested_in | Multicoin Capital | 70% |
Frequently asked questions
What is Pyth Network?
Pyth Network is an oracle tracked in the DeFi Intel knowledge graph. It is connected to 10 other tracked entities, most strongly to Ethereum, Solana, B2C2.
What type of entity is Pyth Network?
Pyth Network is classified as an oracle (company) in the DeFi Intel knowledge graph.
What is Pyth Network connected to?
In the DeFi Intel knowledge graph, Pyth Network is linked to 10 other tracked entities, most strongly to Ethereum, Solana, B2C2.
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