Pyth Network has expanded its real-time financial data services to more than 78 blockchains, processing $14.91 billion in transactions in Q1 2025. The decentralized oracle protocol delivers data from first-party providers, including exchanges and trading firms, to smart contracts via its Pythnet application chain. Utilizing Wormhole for cross-chain distribution, Pyth enables sub-second price updates for over 420 decentralized applications.
In addition to its blockchain services, Pyth Network collaborates with institutions such as the U.S. Department of Commerce to facilitate the on-chain transmission of encrypted salary systems and government economic data. This partnership underscores Pyth's role in integrating traditional financial data with blockchain technology.
Pyth Network Expands Real-Time Data Services to Over 78 Blockchains
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