Pyth is an oracle network that provides real-time market data to decentralised finance (DeFi) applications. Pyth aggregates price data from various institutional trading firms and distributes it on-chain, enabling DeFi protocols to access accurate and reliable information. Its strength lies in its high-quality data sources and low-latency updates, making it a valuable tool for DeFi applications that rely on precise pricing.
Pyth's network consists of numerous data providers, including some of the largest financial service providers in the world. This ensures a diverse and reliable source of price information. Pyth's technology enables the efficient distribution of market data on multiple blockchains, making it accessible to a wide range of DeFi projects.
Monitor the PYTH share price by adding it to your eToro watchlist.