Pyth Pro by @PythNetwork is their attempt to fix institutional market data for crypto This ensures upstream, first-party prices streamed directly from trading firms, exchanges, and banks; and they are delivered at millisecond latency. TLDR • Upstream > downstream: Closer to true price formation with fewer middlemen or repackaged prices by vendors • Millisecond-level updates: fast latency with depth and bid/ask when you need it • Cross-assets: Crypto, equities, FX, commodities, rates --> one integration path that allows you to scale • Credible supply side: 100+ institutions already publishing (market makers, trading firms, exchanges; even official macro sources) --> data is only as good as quality publishers • Distribution solved: Pyth already powers thousands of live price calls across 100+ chains and 600+ dApps • Most important, aligned economics: Phase 2 routes subscription revenue back to the network; strengthening the flywheel for publishers, builders, and users --> if a % of...
Pyth data is going institutional.
Introducing Pyth Pro: A new market data service built by and for institutions.
For the first time ever, banks, brokers, & trading firms can access specialized data across every asset class and geography from a single source of truth ⬇️
4.49K
16
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.