The Pyth network is a specialized oracle solution for latency sensitive financial market data. It seeks to aggregate high quality, first party data in advanced ways and publish at sub second speeds.

In this post, we look to define financial market data and some of the nuances in specific markets where specialisation proves necessary in data sourcing to ensure robust coverage.

Financial market data can be simply defined as a combination of:

  1. Orders at which prices traders wish to trade
  2. The prices at which trades have just occurred

Both 1 and 2 are dependent on traders, and since traders typically…


We are excited to announce that CMS, a principal investment firm focused on making investments across the cryptocurrency space, is joining Pyth network to provide institutional grade market data to all participants and accelerate the growth of DeFi!

Who is CMS?

  • CMS is a principal investment firm that operates in the cryptocurrency space.
  • As a principal investment firm, CMS is both an investor and heavy user on many of the crypto ecosystem’s leading centralized and decentralized venues
  • CMS was founded in 2019 by three partners — Bobby Cho, Daniel Matuszewski, and Julien Seguin
  • CMS deals in both liquid and illiquid…


We are excited to announce that IEX Cloud, the independent financial data business owned by IEX Group, Inc., is joining Pyth network to provide institutional grade market data to all and accelerate the growth of DeFi!

Who is IEX Cloud?

  • IEX Group (IEX) is a financial technology company that operates the Investors’ Exchange LLC (IEX Exchange), a U.S. securities exchange committed to serving all market participants, and the IEX Cloud, a cloud-based financial data platform
  • Since launching in 2016, the exchange has grown to be one of the largest exchange operators globally, by notional value traded with an average daily…

We are excited to announce that Akuna Capital, a leading options market maker specializing in derivatives market making and sophisticated modelling, is joining Pyth network to deliver institutional grade market data to accelerate the growth of DeFi!

Who is Akuna Capital?

  • Founded in Chicago 2011 with a focus on options market making using its proprietary technology
  • Akuna has been trading crypto currency since 2017 with teams trading spot, futures and options
  • Akuna now employs over 400 people worldwide with offices in Chicago, Sydney, Shanghai, and Boston

Proven track record:

  • Trades options on a wide range of underlyings including Indices, Commodities…

Welcome to the first installment of the Pythiad, the official Pyth network newsletter!

We’ve accomplished much in the past three months. From our hello world announcement to our new parade of data provider announcements, the pieces are coming together.

Pyth network is a vision coming to life: one that imagines the world of decentralized finance (DeFi) gaining comprehensive access to high-fidelity (HiFi) financial markets data securely and reliably.

Pyth connects high-fidelity market data from the world’s largest professional traders and exchanges to any smart contract, anywhere.​

To our followers, we say thank you for your incredible support and energy! And…


We are excited to announce that the Chicago Trading Company, a leading provider of liquidity and pricing on derivatives exchanges around the world, is joining Pyth network to deliver institutional grade market data to accelerate the growth of DeFi!

Who is the Chicago Trading Company?

  • Chicago Trading Company is a leading provider of liquidity and pricing on derivatives exchanges around the world
  • Recognized leading provider of liquidity and pricing on derivatives exchanges around the world, trades more than 20 hours a day, six days a week.
  • Actively trades in a broad spectrum of asset classes that include Equities, Interest Rates…


We are proud to announce that FTX, one of the largest and fastest growing crypto exchanges in the world, is joining Pyth network to deliver institutional grade market data to power the world of DeFi!

Who is FTX?

  • A crypto-trading exchange built by traders, for traders
  • Offers innovative products including industry-leading derivatives, options, volatility products, tokenized stocks, prediction markets, leveraged tokens, and an OTC desk
  • Rapid growth since founding, having become one of the most respected crypto exchanges in the world in less than 2 years

Proven track record:

  • Launched in the May of 2019, quickly became a leading crypto…


We are pleased to announce that The Bermuda Stock Exchange, the preeminent fully-electronic, offshore securities exchange, is joining Pyth Network to deliver institutional grade market data to the DeFi ecosystem!

The BSX has subscribed to a real-time feed of equity market data from the MIAX Pearl Equities Exchange and will publish the data to the Pyth Network in mid-July.

Who is the Bermuda Stock Exchange?

  • The Bermuda Stock Exchange (BSX) is the world’s preeminent, fully-electronic, offshore securities exchange, offering domestic and international issuers an affordable, well-regulated listing venue.
  • The BSX is recognised by a broad range of international regulatory authorities…


We are excited to announce that Genesis Global Trading, an industry pioneer and leader in over-the-counter digital currency trading, is joining Pyth Network to deliver institutional grade market data to accelerate the growth of DeFi!

Who is Genesis Global Trading?

  • Registered broker-dealer and worldwide leader and established partner in over-the-counter digital currency trading
  • Genesis is a global leader in institutional digital asset markets and a full-service digital currency prime brokerage
  • Genesis offers sophisticated market participants a fully integrated platform to trade borrow, lend, and custody digital assets
  • Built on the only global over-the-counter trading firm for digital assets registered with…


We are honoured to announce that Virtu Financial, one of the worldwide leaders in trading and execution services, is joining Pyth Network to deliver institutional grade market data to power the world of DeFi!

Who is Virtu Financial?

  • Recognized global leader in market making and execution services
  • Publicly listed market makers on the NASDAQ (Ticker: VIRT)
  • Robust product suite with offerings in execution, liquidity sourcing, analytics and broker-neutral, multi-dealer platforms in workflow technology
  • Integrated, multi-asset analytics platform provides a range of pre and post-trade services, data products and compliance tools

Proven track record:

  • Provides liquidity for over 25,000 securities, spread…

Pyth Network

Smarter data for smarter contracts. Pyth is designed to bring real-world data on-chain on a sub-second timescale.

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