Pyth Network Surpasses 138 Institutional Participants in Real-Time Market Data Infrastructure

Pyth is building a shared distribution layer for real-time market data that connects institutions directly with applications consuming their data. The network has surpassed 138 institutional participants, offering a catalog of 3,501 feeds, including 1,901 equity feeds.

Cboe Global Markets, Coinbase, Revolut, Jane Street, and Fenics are among the institutions contributing data to Pyth's network. Fenics provides OTC prices on over $1 trillion in daily transaction volume across rates, credit, FX, and commodities.

SGX FX contributes composite prices on 74 currency pairs and more than 40 tenors, distributed through Pyth across over 114 blockchains and 710 applications. Jean-Philippe Male, CEO of SGX FX, stated that the firm's participation is 'a deliberate step toward accelerating real-time decentralized finance', built on a foundation of trusted institutional data.