New Pyth Data Provider: LMAX

We are proud to announce that LMAX, the leading independent operator of institutional execution venues for FX and cryptocurrency trading, is participating in the Pyth Network to deliver institutional grade market data to the DeFi ecosystem!

Who is LMAX?

  • LMAX Group is the leading independent operator of institutional execution venues for FX and crypto currency trading
  • LMAX Digital is the institutional cryptocurrency exchange from the LMAX Group, which operates a leading FCA regulated trading venue
  • LMAX Digital trades over $2.5 billion per day
  • Builds and runs its own high performance, ultra-low latency global exchange infrastructure, which includes matching engines in London, New York and Tokyo

Proven track record:

  • Recorded a daily volume of $6.6B for crypto assets on May 19, 2021
  • More than $400B traded in cryptocurrencies since LMAX’s inception (May 2018)
  • Onboarded 200+ institutional investors in 2021
  • Processing capacity (orders/sec): 800,000 peak, 100,000 sustained
  • Superior exchange performance: uptime 100%

LMAX will directly publish its FX and cryptocurrency data to the Pyth Network. This partnership will bolster Pyth in its quest to provide real world financial data on-chain, including stocks, bonds, futures, FX, and commodities with secure aggregation and sub-second latency for continuous streaming.

You can read more about our partnership on the official press release.

LMAX Website: https://www.lmax.com/

Pyth Network: https://pyth.network/

Twitter thread

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

Previous data providers announcements:

GTS