Pyth Network protocol
Overview
Pyth Network is a decentralized oracle protocol that publishes real-time financial market data from institutional sources. It is used by DeFi applications to access high-fidelity price feeds for assets such as cryptocurrencies, equities, and commodities. Data is aggregated from exchanges, trading firms, and banks, and made available on multiple blockchains.
Within the DeFi Intel graph, Pyth Network connects to 9 tracked entities, most strongly to Solana, PYTH, Drift Protocol.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 9 of 9 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Solana | 95% |
issues | PYTH | 95% |
integrates | Drift Protocol | 90% |
integrates | Jupiter Perps | 90% |
integrates | Kamino Finance | 90% |
integrates | MarginFi (mrgn) | 85% |
integrates | Mango Markets | 85% |
integrates | Lifinity | 85% |
backed_by | Multicoin Capital | 80% |
More on Pyth Network
In-depth guides on Pyth Network
Frequently asked questions
Where does Pyth get its price data?
From first-party publishers such as exchanges, trading firms and market makers who contribute their own proprietary data directly to the network.
What is the PYTH token for?
PYTH is used for governance votes on fees, publisher rewards, upgrades and asset listings, and for staking to back data feeds.
What asset classes does Pyth cover?
Crypto, equities, foreign exchange pairs, ETFs and commodities.
Related reading
Sources
Facts on this page were verified against the following sources.