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Oracle$PYTHTVL: N/A (infrastructure)
Pyth Network
About Pyth Network
Pyth Network is a first-party oracle that sources data directly from market makers, exchanges, and trading firms. Unlike Chainlink's third-party model, Pyth publishers are the original data producers. This enables sub-second update latency, making Pyth ideal for DeFi derivatives. Pyth's pull-based model has expanded to 40+ chains.
Key Features
- First-party data (direct from exchanges/MMs)
- Sub-second latency
- Pull-based oracle model
- Confidence intervals
- 400+ price feeds
- Cross-chain (Wormhole integration)
- Low-latency for perp DEXs
Risks
- Publisher reliability risk
- Wormhole dependency for cross-chain
- Limited track record vs. Chainlink
- Data publisher centralisation
- Cross-chain bridge risk