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Coin Specs
All Currencies
PYTH
PYTH
Pyth Network
$
0.2908
Market Cap
$ 1.05B
Circ. Supply
PYTH 3.62B
Volume (24h)
$ 55.60M
Daily Change
-1.38%
Weekly Change
-0.94%
Monthly Change
-21.68%
PYTH/USD Chart
Type
TOKEN
Algorithm
-
Protocol
SOL
Start Date
25/08/2021
Max Supply
-
Circ. Supply
3,624,988,083
Info
Pyth Network (PYTH) is a decentralized data oracle platform designed to deliver high-fidelity financial market data to blockchain ecosystems. By connecting real-world data sources to smart contracts, Pyth empowers decentralized finance (DeFi) applications with accurate and real-time information. The PYTH token is integral to the network's governance and data integrity while being accessible on major exchanges, ensuring liquidity for its ecosystem.
Market Impact
Pyth has redefined the oracle landscape by providing high-quality and low-latency data for DeFi platforms. Its ability to support seamless data delivery and token swaps has attracted developers building decentralized applications. The availability of PYTH tokens on global exchanges has enhanced liquidity, fostering its adoption across blockchain ecosystems.
History
Pyth Network was launched to address the need for accurate and real-time data in decentralized finance. Built on Solana's high-speed blockchain, it provides a scalable solution for delivering financial market data to DeFi protocols. Over time, Pyth has enabled seamless data integration and token swaps while achieving adoption through its listings on leading exchanges.
Features
-
Real-Time Data Feeds
Pyth delivers low-latency financial market data, empowering DeFi protocols with up-to-date information for smart contract operations.
-
High-Speed Infrastructure
Built on Solana, Pyth benefits from fast transaction speeds and scalability, ensuring efficient data delivery and token swaps.
-
Decentralized Governance
The PYTH token enables token holders to participate in governance decisions, ensuring transparency and innovation in the network.
*The indicators above, do not represent an investment advice and should not be treated as such. Please make your own research and risk assessment before exchanging your assets.