New Pyth Data Provider: bitbank

Pyth Network
2 min readJul 20, 2022

We are proud to have bitbank, one of the largest and most trusted cryptocurrency exchanges in Japan, joining the Pyth network. bitbank will contribute its real-time market data for crypto assets.

Who is bitbank?

  • bitbank is a certified cryptocurrency exchange in Japan, serving more than 550,000 users and 30 available trading pairs, with approximately 20~30% spot-volume share domestically.
  • bitbank traded an average monthly volume of 3.7 billion yen in 2018 and 7.2 billion yen in 2021 with 50~70% volume share for altcoins among Japanese crypto exchanges
  • bitbank is ISMS certified and abiding by every financial regulation standard prescribed by the Japanese FSA.

Noriyuki Hirosue, the founder and CEO of bitbank, stated: “Timely and transparent data is the cornerstone of creating a thriving ecosystem in the financial space. We believe that the Pyth Network has the potential to deliver a dependable market data infrastructure in DeFi, and are looking forward to taking part in the initiative.”

We look forward to further coordinating with many amazing partners to establish a digital marketplace of institutional grade, high-fidelity financial data and power any financial dApps regardless of their blockchain base. If you are willing to contribute proprietary information for the betterment of DeFi and the whole financial market data industry, you can apply to become a Pyth publisher here. Discover all other Pyth network data publishers on our website.

Bitbank Website: https://bitbank.cc/en/

Pyth Network: https://pyth.network/

We can’t wait to hear what you think! Feel free to join the Pyth Discord, follow Pyth on Twitter, and join the Telegram to learn more and ask any questions. Take fate into your own hands.

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Pyth Network

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