Pyth Network (PYTH)
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About PYTH
Pyth Network (PYTH) is a decentralized, high-performance oracle solution that provides reliable, real-time financial market data to decentralized applications (dApps). It focuses on delivering accurate, low-latency data feeds for assets such as cryptocurrencies, equities, foreign exchange, and commodities. Built on the Solana blockchain, Pyth Network uses a network of data publishers to source price data directly from trusted financial institutions, making it ideal for DeFi applications. Pyth Network bridges the gap between traditional financial markets and decentralized platforms by providing the infrastructure needed for a reliable on-chain oracle. Through its strategic partnerships and innovative consensus mechanisms, Pyth Network aims to become the standard for high-fidelity data on public blockchains, enabling a wide range of financial applications.
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Fact Sheet
News
US Lawmaker Plans to Introduce Bill to Permanently ‘Cement’ Trump’s National Bitcoin Reserve
Sources disclose that U.S. Representative Byron Donalds (R-FL) plans to introduce legislation on March 14, 2025, to permanently establish President Donald Trump’s Strategic Bitcoin Reserve and Digital Asset Stockpile, aiming to shield the initiative from reversal by future administrations. U.S.…
North Korea’s Lazarus Group Moves 400 ETH to Tornado Cash Following $1.5B Bybit Hack
North Korea-linked Lazarus Group transferred 400 ETH (worth $750,000) to Tornado Cash on March 12, 2025, likely laundering proceeds from the record $1.5 billion Bybit hack, blockchain researchers report. ZachXBT: Tornado Cash Demix Exposes North Korea’s $3.1M PEPE Token Purchase…
Blackrock’s BUIDL Soars 50% in 6 Days—Tokenized Fund Now Commands $1B AUM
Six days ago, on March 8, 2025, the tokenized Blackrock USD Institutional Digital Liquidity Fund (BUIDL) held $668 million in assets under management (AUM). Since then, its AUM has soared by 50.3%, eclipsing the $1 billion threshold. From $668M to…
'First-of-Its-Kind' ETF Focuses on Bitcoin-Linked Corporate Bonds
Retail investors can now access bitcoin-backed corporate bonds through a groundbreaking ETF, offering exposure to companies using convertible debt to integrate bitcoin into their financial strategy. Nasdaq-Listed ETF Offers Bitcoin Corporate Debt Exposure REX Shares announced on March 14 the…
13 Bitcoin Time Capsules Crack Open: $27M in 2013 BTC Suddenly Awaken
When bitcoin slipped beneath the $80,000 mark last Thursday, a cluster of 13 long-dormant wallets from 2013 suddenly sprang to life, shifting 325 BTC—now worth $27.4 million—into motion. A Set of 13 Decade-Old Bitcoin Vaults Unlock These days, bitcoin’s price…
Frequently Asked Questions about Pyth Network
What is Pyth Network (PYTH)?
Pyth Network (PYTH) is a decentralized oracle solution that provides real-time, high-quality financial data to blockchain applications. It is built on Solana and connects traditional finance with DeFi through reliable data feeds.
How does Pyth Network work?
Pyth Network collects data directly from financial institutions and sources, and then publishes it on-chain using decentralized, high-performance infrastructure. This allows DeFi applications to access trusted data without intermediaries.
What types of data does Pyth Network provide?
Pyth Network provides a variety of data, including real-time prices for cryptocurrencies, stocks, foreign exchange, and commodities, which are critical for powering DeFi applications and protocols.
Why use Pyth Network for financial data?
Pyth Network's decentralized model ensures transparency and reduces reliance on traditional, centralized data providers, offering DeFi applications high-quality, reliable data from trusted sources directly.
Is Pyth Network integrated with other blockchains?
Yes, Pyth Network can be accessed across different blockchains via cross-chain bridges, allowing dApps on multiple platforms to benefit from its data.
How is Pyth Network data verified?
Pyth Network employs a unique consensus mechanism that leverages multiple data publishers, ensuring data accuracy by cross-verifying information from various financial institutions before publishing it on-chain.
Where can I find Pyth Network’s data feeds?
Pyth Network’s data feeds are available on the Solana blockchain and accessible through various wallets and applications supporting Solana. Pyth also provides data feeds via cross-chain bridges.
How can developers integrate Pyth Network data?
Developers can integrate Pyth Network data using APIs and SDKs provided on the Pyth Network documentation, enabling real-time data integration into smart contracts and dApps.