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Pyth Network
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