New Pyth Data Provider: Bitstamp

We are thrilled to welcome Bitstamp, the world’s longest-running exchange, to the Pyth network in order to revolutionize how financial market data is collected and distributed!

Who is Bitstamp?

Proven Track Record:

Bitstamp will initially contribute its real-time crypto (BTC/USD) market data to Pyth Network. Miha Vidmar, Bitstamp’s Chief Product Officer, said: “The Pyth Network with its specialized oracle solution for latency-sensitive financial data presents an important building block in the next-generation DeFi crypto market infrastructure. Decentralized finance relies on high-fidelity, time-sensitive, and real-world input. The Pyth Network focuses on new ways of bringing live data on the blockchain and aggregating it securely. By providing smart contracts with decentralized access to live-stream info that they need, Pyth Network has the potential to build the future of next-generation DeFi apps that present the cornerstone of the DeFi evolution.”

We look forward to further coordinating with amazing partners to establish a digital marketplace of institutional grade, high fidelity financial data to power any financial dApps regardless of their blockchain base and offer the best data to the world.

You can read more about our partnership with Bitstamp in the press release.

Bitstamp Website: https://www.bitstamp.net/

Pyth Network: https://pyth.network/

We cannot wait to hear what you think! Feel free to join us on the Pyth Discord server, follow Pyth on Twitter, and Telegram to learn more, and ask any questions you may have.

Previous data providers announcements:

GTS

LMAX

Virtu Financial

BSX

Genesis Global Trading

FTX

CTC

Akuna Capital

IEX Cloud

CMS

CoinShares

Cumberland DRW

XR Trading Bitso

KGI Securities (Singapore)

Hudson River Trading

Susquehanna

Jane Street

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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.