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Difference between revisions of "Pyth Network"
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The Pyth network is '''a first-party financial oracle network''' designed to publish continuous real-world data on-chain in a tamper-resistant, decentralized, and self-sustainable environment. | The Pyth network is '''a first-party financial oracle network''' designed to publish continuous real-world data on-chain in a tamper-resistant, decentralized, and self-sustainable environment. | ||
The network incentivizes market participants — exchanges, market makers, and financial services providers — to share directly on-chain the price data collected as part of their existing operations. The network then aggregates this first-party price data (still on-chain) and makes it available | The network incentivizes market participants — exchanges, market makers, and financial services providers — to share directly on-chain the price data collected as part of their existing operations. The network then aggregates this first-party price data (still on-chain) and makes it available to either on- or off-chain applications.<ref>https://pyth.network/whitepaper</ref> | ||
==History== | ==History== | ||