Pyth Network price

in TRY
₺6.784
+₺0.15822 (+2.38%)
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Market cap
₺38.95B #64
Circulating supply
5.75B / 10B
All-time high
₺47.92
24h volume
₺2.44B
4.2 / 5
PYTHPYTH
TRYTRY

About Pyth Network

Pyth Network ($PYTH) is a cryptocurrency designed to power decentralized data infrastructure. It supports real-time, high-fidelity price feeds sourced directly from over 120 trusted financial institutions, including exchanges and market makers. Integrated across 100+ blockchains, Pyth provides essential data for DeFi applications like lending, trading, and stablecoins. Beyond DeFi, it is building bridges to institutional finance, enabling on-chain distribution of critical economic metrics such as GDP data. With sub-second updates and cryptographic security, Pyth is positioning itself as a foundational layer for both decentralized and traditional markets. Its utility lies in connecting reliable data to smart contracts, driving transparency and innovation in global finance.
AI-generated
Solana
CertiK
Last audit: Jun 3, 2021, (UTC+8)

Pyth Network’s price performance

Past year
-41.75%
₺11.65
3 months
+68.08%
₺4.04
30 days
+28.13%
₺5.29
7 days
+4.35%
₺6.50
63%
Buying
Updated hourly.
More people are buying PYTH than selling on OKX TR

Pyth Network on socials

Ripe
Ripe
After Binance blocked the road of SOL chain spot, it has not been on meme spot since November last year, and it is basically alpha-based, $SWITCH is a star project on alpha recently, and the gold content is very high after researching it at night. The narrative of this project is not complicated, putting AI, DeFi and oracles on the same line, trying to use multi-chain, permissionless architecture and TEE hardware to solidify the trusted execution of data. The setting of @switchboardxyz is to move privacy, integrity, and security as far forward as possible to the source, and then reduce the delay to milliseconds or sub-seconds, so that the on-chain system will not be slow by half a beat in the face of fluctuations. Falling to the product level, Surge is their most recognizable part at the moment. It engineers the existing pain points in the market, minimizing the risk of data tampering in the TEE execution environment, while taking into account the cost and speed under the premise of decentralization. This trade-off is especially critical for AMMs, where pricing and risk control rely on stable and fast data entry. The goal is to get as close as possible to the price on centralized exchanges, compressing on-chain spreads and slippage, which is especially meaningful during high-frequency trading hours. From the perspective of external visible data and cooperation, this infrastructure has been connected to a considerable number of scenarios: more than 50 dApps are in use, the cumulative scale of on-chain assets covered is said to exceed 5 billion US dollars, spanning seven mainstream public chains, and has established deep integration relationships with projects such as Jito, Drift, GMX, Kamino, and Fragmetric. Looking at the list alone does not represent the future, but at least it shows that it is not on paper, but is continuously called in an environment of real traffic and strategic funds Team and financial background: The core members come from Google, Circle and other institutions, and have complete Web3 experience and network resources. The total funding is about $11 million: led by Lemniscap in the early stage, with participation from Solana Foundation, Aptos, Mysten Labs, StarkWare, etc., and then led by Tribe Capital and RockawayX in Series A. The participating institutions as a whole are more inclined to infrastructure and protocol-side funds, and their tastes are consistent with the positioning of the project, which is usually a plus for subsequent landing At the token level, the total amount is 1 billion, the TGE circulation is 100 million, and most of the early contributors, teams, incentives and community allocations are in a locked state, and Binance's share is about 1%, and the overall structure is highly controlled. Horizontally referencing the $PYTH of the same track, the two are not directly comparable, but they can provide a sense of magnitude to facilitate the evaluation of where the pricing stage is located. At the trading level, the spot is currently available on Binance Alpha, KuCoin, and Bitget, and whether it will be further expanded to Binance spot and contracts is not subjective, but only the possibility is recorded here for subsequent verification
Pyth Network 🔮
Pyth Network 🔮
Middlemen are out. Markets are in.
Crypto Squirtle/机灵的杰尼君
Crypto Squirtle/机灵的杰尼君
Historically, September has often been the darkest month for the crypto world, but this year seems different—projects are clustering for TGE, and Binance Alpha is listing coins one after another. Recently, while browsing the Alpha leaderboard, I noticed $SWTCH, which sounds a lot like Switch, and my instinct as the Hyrule Overlord made me take a closer look. I must say, a good name is also a strategy. Upon further research, I found that $SWTCH is the official token of Switchboard @switchboardxyz—a decentralized oracle network that emphasizes one word: speed. The Surge product reduces latency to 7 milliseconds, allowing for over 500 updates per minute, making it 300 times faster than mainstream oracles. For DeFi, speed means lower slippage, more accurate liquidations, and safer transactions. The data and ecosystem are also quite impressive: it has currently integrated with over 50 Dapps, including Jito, Drift, Kamino, and GMX, protecting assets worth over $5 billion. It raised $11M, with backing from Tribe Capital and RockawayX, along with support from the Solana Foundation, Aptos, Mysten Labs, and Starkware. Currently, $SWTCH is listed on Binance Alpha, Bitget, Kucoin, Gate, HTX, and Solana DEXs (Raydium, Orca, Backpack). Its circulating market cap is about $22M, with an FDV of $130M, still leaving significant room compared to $LINK and $PYTH. After $SWTCH went live, it has been consolidating, and the selling pressure should be about over; today shows signs of recovery, especially since it raised $11M. *** This tweet does not constitute any investment advice, DYOR.

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Pyth Network FAQ

Currently, one Pyth Network is worth ₺6.784. 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 TR.
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 TR 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.

Disclaimer

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Market cap
₺38.95B #64
Circulating supply
5.75B / 10B
All-time high
₺47.92
24h volume
₺2.44B
4.2 / 5
PYTHPYTH
TRYTRY
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