PYTH
Pyth Network
PYTH

Pyth Network price

in USD
$0.20936
+$0.09132 (+77.36%)
USD
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Market cap
$1.21B #53
Circulating supply
5.75B / 10B
All-time high
$1.160
24h volume
$2.22B
4.2 / 5
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About Pyth Network

Pyth Network (PYTH) is a cryptocurrency designed to support a decentralized oracle network that delivers real-time, high-quality market data to blockchain applications. Oracles act as bridges between the blockchain and external data sources, ensuring smart contracts can access accurate information. PYTH specializes in providing institutional-grade price feeds for assets like cryptocurrencies, equities, FX, and commodities, sourced directly from trusted publishers such as exchanges and trading firms. This data is essential for DeFi platforms, enabling applications like lending, trading, and derivatives to function reliably. By prioritizing transparency, speed, and composability, PYTH plays a critical role in building the infrastructure for the next generation of decentralized finance.
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Last audit: Jun 3, 2021, (UTC+8)

Pyth Network’s price performance

Past year
-27.13%
$0.29
3 months
+82.05%
$0.12
30 days
+72.86%
$0.12
7 days
+69.85%
$0.12
Pyth Network’s biggest 24-hour price drop was on Nov 20, 2023, (UTC+8), when it fell by $0.2995 (-83.31%). In Mar 2024, Pyth Network experienced its biggest drop over a month, falling by $0.71 (-61.21%). Pyth Network’s biggest drop over a year was by $0.9412 (-81.14%) in 2024.
Pyth Network’s all-time low was $0.06 (+248.93%) on Nov 20, 2023, (UTC+8). Its all-time high was $1.160 (-81.96%) on Mar 16, 2024, (UTC+8). Pyth Network’s circulating supply is 5,749,984,624 PYTH, which represents 57.49% of its maximum circulating supply of 10,000,000,000 PYTH.

Pyth Network on socials

Kyledoops
Kyledoops
Bears fully in control today 📉 Bulls just sitting back, watching the slow bleed across portfolios.
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코루
코루
미국상무부와 피스 피스와 웜홀 그리고 웜홀과 @boundless_xyz 바운드리스는 웜홀에게 NTT ZK 컨센서스 증명을 제공합니다. 기존 Guardian 서명 + Boundless ZK증명의 2of2 이중 검증 시스템을 통해 더 강력한 보안을 제공하죠. 자 여기서 미국상무부(정부)는 '무결성과 보안'이 가장 중요합니다. 지금은 GDP 데이터 뿐이지만 추후 더 많은 데이터가 제공된다면? 정부 데이터의 무결성 요구사항이 기존 Guardian 서명만으론 부족할 수 있기에 [ZK 검증]이 필수 옵션으로 채택될 수 있겠죠. 특히 기관 고객들 입장에선 "정부 데이터 + ZK증명" 조합을 선호할 수 있습니다. (신뢰도가 가장 높은 데이터 조합이기 때문) ---- 웜홀이 미국 정부 공식 데이터 파이프라인으로 선정됨에 따라 Boundless 의 보안 레이어도 간접적으로 정부급 신뢰성을 획득하였다는 내러티브가 형성될 수도 있습니다. $ZKC 에 대한 구체적인 수익경로를 생각해보자면 - 프로버 네트워크 확장 : 정부 데이터 ZK 증명 생성으로 ZKC 스테이킹 수요 증가 - 프리미엄 서비스 : 정부+ZK 급 데이터 옵션으로 더 높은 수수료 책정(이건 확장보단 오직 수익화 관점) - 기관 클라이언트 : 컴플라이언스 요구사항이 높은 금융기관/RWA 발행자 확보 정도로 볼 수 있겠습니다. --- 물론 현재 NTT 사용자에게 ZK검증은 필수가 아닌 선택이고, 아직 이더리움 및 L2 에서만 지원이 되기 때문에 한계가 있습니다. 또한 ZK시장은 이제 시작이기에 기존 경쟁 ZK 프로젝트들과 경쟁구도 가능성도 있겠죠. 그럼에도 간접적이고 아직 미래의 이야기지만... 의미있는 수혜가 있기를 충분히 기대해볼 수 있을 것 같습니다.
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코루
코루
미국 상무부의 $PYTH 파트너십은 미국 분기별 GDP 수치를 온체인에 올리는건데 PYTH(데이터 검증 및 배포) + $W (멀티체인 상호운용성)를 담당함 이는 미국 연방기관 최초로 공식 블록체인 데이터 인프라 채택이고 [정부급 데이터 무결성 요구사항 충족]을 증명한 것과 같음 --- 24시간 신규월렛 15.3M pyth 순유입으로 새로운 투자자 유입이 확인되고 있음(평소 대비 2~3배) 물론 OI가 급증하며 레버리지 자금이 크게 들어오고 있기에 변동성은 주의해야하지만 위에서 말하였듯 '역사적인 순간'이기 때문에 이 분위기 자체는 지속될 수 있을 것으로 보임 좀 더 희망회로를 돌려보면 '정부 데이터로 새로운 금융 상품 가능성 확장'이기 때문에 디파이 쪽에도 매우 긍정적임 (GDP 연동 파생상품이 생긴다던지, 매크로 인덱스 토큰, DAO 재무 관리 자동화등 이점이 있긴할 것) --- 오라클 르네상승이자 $LINK 와의 경쟁구도 또한 부각될 수 있는데 체인링크는 기존 전통금융 쪽으로 확장한게 크다보니 당장 밀리는 모습은 아닐듯 ㅇㅇ (애초에 엄청난 경쟁보단 공존 모델이지 않을까) 여기서 $W 웜홀은 필수적인 미들웨어 포지셔닝으로 꾸준한 활성화를 기대해볼 수 있을지도 모르겠네 -> 지금만 보더라도 GDP/CPI 업데이트마다 9개 체인간 웜홀 메시징이 발생하는거라 추가 데이터셋 확장 = 메시지 볼륨 선형 증가 = $W 가치상승 으로 연결될 여지도? 물론 당장의 이야기는 아니니 김칫국은 안되긴함 ㅋㅋㅋ 지금 상승은 결국 '기대감' ---- @Surf_Copilot 놀랍게도 이 모든 데이터는 Surf의 힘이다. 물론 내 견해도 섞어서 쓴거지만 중요한건 앞으로 AI를 활용하는 사람과 격차는 점점 벌어질듯 ㅇㅇ 특히 장인은 도구탓을 하지 않는다? ㄴㄴ 이젠 도구가 90% 이상을 차지할 것 같음 그러니까 그냥 Surf는 무조건 써보셈 무료 체험 코드 BQIQVQ4WK4S6 1ENZTQ6UCBPR 4GSEIOTENQVT 9CXE3VAWG0ON
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PANONY
PANONY
A Historic Step: U.S. Official GDP Data to Be Stored on Nine Major Blockchains Including Bitcoin and Ethereum The U.S. Department of Commerce has announced that starting in 2025, core economic data such as GDP will be recorded on nine major public blockchains. The data will be secured through cryptographic hash proofs and distributed via Chainlink and Pyth oracles, aiming to bridge the gap between the crypto industry and official economic data.
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Pyth Network FAQ

Currently, one Pyth Network is worth $0.20936. For answers and insight into Pyth Network's price action, you're in the right place. Explore the latest Pyth Network charts and trade responsibly with OKX.
Cryptocurrencies, such as Pyth Network, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Pyth Network have been created as well.
Check out our Pyth Network price prediction page to forecast future prices and determine your price targets.

Dive deeper into Pyth Network

Pyth Network is a decentralized oracle solution that provides real-time, high-fidelity financial market data to multiple blockchains. Launched in 2021, Pyth Network was created to address the need for accurate, low-latency market data in the rapidly growing decentralized finance (DeFi) sector. The network sources its data from over 90 first-party publishers, including some of the world's largest exchanges and market makers. Pyth Network's mission is to democratize access to financial market data, making it readily available to DeFi applications and the general public. By doing so, it aims to empower individuals to take control of their financial lives and foster the growth of the DeFi ecosystem.

How does Pyth Network work

Pyth Network operates by incentivizing market participants to share the price data they collect as part of their existing operations. This data is then aggregated and published on-chain for use by on- or off-chain applications. The network uses an appchain called Pythnet to store and update the state of each price feed. Pythnet is a proof-of-authority blockchain where each publisher runs a validator. PYTH prices are broadcast from this appchain to other target chains by way of a cross-chain architecture that uses decentralized cross-chain messaging protocols, such as the Wormhole network.

Pyth Network price and tokenomics

The Pyth Network's native token is PYTH. The maximum supply of PYTH is 10,000,000,000, with an initial circulating supply of 1,500,000,000 (15%). The token distribution is as follows: Publisher Rewards (22%), Ecosystem Growth (52%), Protocol Development (10%), Community and Launch (6%), and Private Sales (10%). The PYTH tokens are initially locked and will unlock 6, 18, 30, and 42 months after the initial token launch. The PYTH token plays a crucial role in the network's governance, allowing token holders to guide protocol development and shape the network.

About the Founder

Douro Labs, under the leadership of CEO Mike Cahill, established Pyth Network with a focus on blockchain technology. Their aim was to facilitate the integration of off-chain and on-chain data, particularly in Ethereum (EVM) and Solana ecosystems, to enable real-time data feeds for blockchain applications.

Pyth Network highlights

Pyth Network has successfully integrated with over 90 exchanges, market makers, and financial services providers, making it the largest first-party oracle network for financial data. The network supports more than 300 real-time price feeds across digital assets, equities, ETFs, FX, and commodities. Furthermore, Pyth Network's innovative pull oracle design has enabled it to scale to thousands of symbols and near limitless blockchains in coverage. The network's future plans include the implementation of the Perseus Upgrade and the transition to a permissionless mainnet with token-led governance.

Frequently Asked Questions about Pyth Network

  1. What is Pyth Network and its relation to Bitcoin and Ethereum?

    Pyth Network is a decentralized oracle that offers market data for digital assets, including Bitcoin (BTC) and Ethereum (ETH). It aggregates high-fidelity price feeds for DeFi and blockchain applications.

  2. How does Pyth Network verify the accuracy of its price feeds?

    Pyth Network employs a decentralized approach, sourcing data from multiple providers and using algorithms for data verification.

  3. What is the role of Pyth price feeds in cryptocurrency trading?

    Pyth price feeds provide market data for various assets, including equities and cryptocurrencies, which can assist in trading decisions and market liquidity.

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Market cap
$1.21B #53
Circulating supply
5.75B / 10B
All-time high
$1.160
24h volume
$2.22B
4.2 / 5
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