Pyth Network

Apr 7, 2021

3 min read

Hello World

Today we’re beyond excited to introduce the Pyth Network, a next generation oracle solution designed to bring HiFi data to DeFi.

Pyth Network is being built by some of the biggest names in traditional finance and DeFi with the goal of providing the infrastructure for DeFi to support substantial growth in the market. This requires legally authorized access to unique data sets, sub-second update speeds, sophisticated outputs and aggregation methods, and a thorough incentive system to ward off spurious or malicious data breaches.

Why are we doing this?

So what’s next?

This is our hello world moment. Over the next two weeks, we plan to roll out a beta version available for testing. We encourage you to get in touch if you are building something that could benefit from a fast and reliable oracle for financial market data. We also encourage you to get in touch if you have the legal right to publish a unique data set of latency sensitive data.

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.