Pyth Network aggregates price information from a network of trusted data providers, including exchanges and market makers, to ensure that the data is accurate and timely.
Pyth Network is a decentralized oracle (essentially, a service that connects blockchains to real-world data) that brings real-time financial metrics, such as stock, crypto and commodities prices, onto blockchains.
Launched initially on Solana in 2021, Pyth’s mission is to make high-quality data accessible for blockchain applications, especially decentralized finance (DeFi), where accurate data feeds are essential for pricing assets and preventing mispriced trades.
