Pyth Network
Market data for DeFi apps
- 1-20 employees
- B2B
- Analytics
- Financial Services
- Blockchain
- Baar, ZG
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Company mission
To give DeFi comprehensive access to the vast amount of hi-fi financial services data it needs to make smart contracts work smarter.
Our take
As the adoption of decentralised finance expands, the ecosystem needs access to good and timely real-world data in order to operate successfully, but it can be difficult for applications to access this data. Pyth Network publishes financial data on-chain for use in DeFi applications, including real-time crypto prices, FX, and blockchain equities.
Pyth Network's oracle is the largest in the Solana ecosystem, providing data from the outside world to on-chain applications, and all its price feeds are freely accessible to the public. The company is competitive due to the extent of its network, which includes over 50 of the largest exchanges, traders and market makers in crypto and traditional finance, providing data to Pyth that is not easily obtainable from alternate sources.
Pyth Netork has made several partnerships with high-profile players in the crypto space towards securing itself as a leading provider of data on-chain. As well as the Solana mainnet, Pyth Network’s price feed was made available on the BNB chain, with the company focusing on scaling to publish in other spaces such as the Aptos mainnet.
Kirsty
Company Specialist at Welcome to the Jungle
Leadership
Michael Cahill
(Director, not founder)Works in Special Projects at Jump Crypto. Experience in FX Sales.