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What is PYTH Network?
Pyth solves the “oracle problem” by bypassing traditional data gatekeepers. It sources crypto, stock, commodity, and currency prices directly from institutions like Jane Street and Cboe Global Markets, enabling DeFi protocols to access high-accuracy data without intermediaries. This addresses the latency and manipulation risks common in third-party feeds.
Unlike push-based oracles, Pyth uses a pull model where blockchains only request data when needed. This minimizes gas fees and congestion.
PYTH holders manage protocol upgrades and revenue distribution. Data providers stake PYTH as collateral and earn fees from consumers, much like DEXs.
Pyth Network redefines market data infrastructure by combining TradFi reliability with blockchain transparency. Its first-party sourcing and cross-chain agility make it a critical infrastructure for AI-powered DeFi and tokenized assets.
@Pyth Network #PythRoadmap $PYTH
{spot}(PYTHUSDT)
Pyth solves the “oracle problem” by bypassing traditional data gatekeepers. It sources crypto, stock, commodity, and currency prices directly from institutions like Jane Street and Cboe Global Markets, enabling DeFi protocols to access high-accuracy data without intermediaries. This addresses the latency and manipulation risks common in third-party feeds.
Unlike push-based oracles, Pyth uses a pull model where blockchains only request data when needed. This minimizes gas fees and congestion.
PYTH holders manage protocol upgrades and revenue distribution. Data providers stake PYTH as collateral and earn fees from consumers, much like DEXs.
Pyth Network redefines market data infrastructure by combining TradFi reliability with blockchain transparency. Its first-party sourcing and cross-chain agility make it a critical infrastructure for AI-powered DeFi and tokenized assets.
@Pyth Network #PythRoadmap $PYTH
{spot}(PYTHUSDT)
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