Pyth Network supports US stocks, commodities, metal, enable Continuous price discovery across traditionally closed markets. This product aggregates key liquidity. On-chain and off chain venue, and already There is Used by Coinbase, Kraken, dYdX, And Nado.
According to Mike Cahill, CEO of Douro Labs and Pyth contributor, Pyth index new The index aims to better reflect modern capital flows in always-on markets by leveraging data from institutions engaged in continuous trading activity.
“Traditional data feeds were built for a world where trading stops at the closing bell,” said Mike Cahill, CEO and contributor at Douro Labs. To Pais the network said. “The Pyth Index marks an inflection point in 24/7 market access, where ‘market close’ no longer means End of transaction. ”
Initial offerings include major stocks (NVDA, TSLA, AAPL, MSFT, GOOGL, INTC, HOOD, MSTR, CRCL), metals (gold, silver), oil (WTI, Brent), and thematic It includes baskets such as AI10, Defense10, China10, Tech100, and stock index futures developed in collaboration with MarketVector. The launch follows initial infrastructure work with Blue Ocean ATS to expand pricing for U.S. equities We are available 24 hours a day, 365 days a year.
“For educational institutions, 24/7 markets are becoming the norm. As this shift continues, the demand for continuous pricing across stocks and products will only accelerate,” said Boris Ilievsky, Head of Derivatives at Coinbase, adding that tools like Pyth Indices will help address the critical infrastructure requirements needed to support the next generation of always-on trading.
According to Kraken Derivatives Executive John Palmer, Pyth Indices solve a key challenge of perpetual contracts by providing an uninterrupted reference price in a traditionally discontinuous market. He said the launch of Oil Perpetual will allow traders to access commodity exposure through the same platform they use for digital assets and other markets.
