Pyth Network is an oracle protocol originally built for Solana, optimized for ultra-low latency and first-party data directly from exchanges and market makers. Unlike Chainlink’s node-aggregator model, Pyth enables real-time price feeds (as fast as 400ms) sourced directly from over 100 institutional providers, including Binance and Cboe.
🧩 Why Pyth?
DeFi apps need fast, accurate pricing to avoid exploits and ensure fair trading. Pyth delivers high-frequency, high-integrity data, especially valuable for derivatives, perpetuals, and high-speed DeFi protocols.
🌐 Massive Expansion
What started on Solana now powers 100+ blockchains, including Ethereum L2s, Cosmos, Sui, Aptos, TON, and more. As of 2025, over 420 protocols integrate Pyth, with over $48B+ monthly trading volume secured. It has become the #2 oracle in DeFi by usage, dominating ecosystems like Solana, Sui, and Injective.
📊 Tokenomics & Unlocks
Max supply: 10B PYTH
Circulating: ~5.75B (mid-2025)
Next major unlock: May 2026 (~2.1B tokens)
Utility: Governance, staking, publisher rewards, and oracle integrity
Pyth’s decentralized governance is growing, with a DAO now guiding key protocol parameters. It’s also expanding beyond price feeds, launching products like randomness (Entropy) and MEV mitigation tools (Express Relay).
Disclaimer: This is not financial advice. Always do your own research before making investment decisions.
🧩 Why Pyth?
DeFi apps need fast, accurate pricing to avoid exploits and ensure fair trading. Pyth delivers high-frequency, high-integrity data, especially valuable for derivatives, perpetuals, and high-speed DeFi protocols.
🌐 Massive Expansion
What started on Solana now powers 100+ blockchains, including Ethereum L2s, Cosmos, Sui, Aptos, TON, and more. As of 2025, over 420 protocols integrate Pyth, with over $48B+ monthly trading volume secured. It has become the #2 oracle in DeFi by usage, dominating ecosystems like Solana, Sui, and Injective.
📊 Tokenomics & Unlocks
Max supply: 10B PYTH
Circulating: ~5.75B (mid-2025)
Next major unlock: May 2026 (~2.1B tokens)
Utility: Governance, staking, publisher rewards, and oracle integrity
Pyth’s decentralized governance is growing, with a DAO now guiding key protocol parameters. It’s also expanding beyond price feeds, launching products like randomness (Entropy) and MEV mitigation tools (Express Relay).
Disclaimer: This is not financial advice. Always do your own research before making investment decisions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.