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Pyth Network

Pyth Network

PYTH
#100
$0.05924Up 8.82 percent($0.00)

Key Stats

Market Cap$466.56MUp 8.82 percent
Volume (24h)$28.70M
Fully Diluted Value$592.46M
Vol/Mkt Cap (24h)6.15%
Total Supply10.00B PYTH
Max Supply
Circulating Supply7.87B PYTH
Launch Date2021-08-25
Built OnSOL
Token StandardSPL
Smart Contract AddressHZ1Jov…BCt3
Decimal Places6

Pyth Network Information

Industries
Oracle Networks

Pyth Network Price Converter

Pyth NetworkPYTH
USD

Pyth Network Markets

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InstrumentExchangeBenchmark DataPrice24h Change
Pyth NetworkUSDT logo
PYTH-USDT
PYTHUSDT
binance logobinance
AA
0.05929USDT
9.01%
Pyth NetworkUSD logo
PYTH-USD
PYTH-USD
coinbase logocoinbase
AA
0.05919USD
8.65%
Pyth NetworkTRY logo
PYTH-TRY
PYTHTRY
binance logobinance
AA
2.85TRY
8.65%
Pyth NetworkUSDT logo
PYTH-USDT
PYTH-USDT
okex logookex
A
0.05928USDT
8.89%
Pyth NetworkUSDT logo
PYTH-USDT
PYTH_USDT
whitebit logowhitebit
BB
0.05933USDT
9.08%

Pyth Network Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
PYTHSPLSOLHZ1JovNiVvGrGNiiYvEozEVgZ58xaU3RKwX8eACQBCt32023-08-17
PYTHERC20ETH0xeFc0CED4B3D536103e76a1c4c74F0385C8F4Bdd32023-11-21
PYTHERC20ARB0xE4D5c6aE46ADFAF04313081e8C0052A30b6Dd7242023-11-21
PYTHERC20OP0x99C59ACeBFEF3BBFB7129DC90D1a11DB0E91187f2023-11-21
PYTHERC20FTM0x77ad3B2dA29FBd208F12c3C701E969F4422aAD792023-11-21

About Pyth Network

Pyth Network (PYTH) is a platform that aims to decentralize and make financial data permissionless. The PYTH token is central to transitioning the Pyth Network towards a decentralized, self-sustainable state and is integral in enabling on-chain governance where token holders guide the protocol’s development. The Pyth Network is a blockchain-based solution designed to overcome the limitations in latency, asset coverage, and data quality faced by traditional financial data oracles. It marks a significant advancement in the DeFi space by integrating price owners and creators into the DeFi ecosystem through its Pull Oracle architecture. In the Pyth Network, the PYTH token is crucial for on-chain governance, allowing token holders to guide various aspects of the network.

Frequently Asked Questions

PYTH is a token associated with the Pyth Network, a platform that aims to decentralize and make financial data permissionless. This token is central to transitioning the Pyth Network towards a decentralized, self-sustainable state and is integral in enabling on-chain governance where token holders guide the protocol's development​​.

The Pyth Network is a blockchain-based solution designed to overcome the limitations in latency, asset coverage, and data quality faced by traditional financial data oracles. It marks a significant advancement in the DeFi space by integrating price owners and creators into the DeFi ecosystem through its Pull Oracle architecture​​.

In the Pyth Network, the PYTH token is crucial for on-chain governance. It allows token holders to guide various aspects of the network, including determining high-level network parameters, setting update fees and reward distribution for data providers, approving software updates across blockchains, managing the listing of new symbols along with their reference data, and overseeing the contribution of data providers to price feeds.