Crypto Market-Data Network Pyth Going Live on Solana Blockchain

Aug. 25, 2021, 2:45 PM

Real-time market data provider Pyth Network is going live on one of the fastest growing crypto blockchains, which will allow developers to integrate its feeds across decentralized finance platforms and applications.

Pyth will run on the so-called mainnet of Solana, a proof-of-stake network that’s billed as being capable of matching the transaction speeds of the Nasdaq exchange, according to a statement Wednesday. Pyth publishes at sub-second intervals and provides coverage of high-fidelity streaming data from cryptocurrency, U.S. equities, foreign exchange and commodities markets. It’s composed of both primary and derived data from trading firms and exchanges, which allows it to ...

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