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Buy Pyth Network

PYTH

$0.4230

24H Change
-6.30%
24H Volume
$50.5M
Global Rank
#75
Market Cap
$1.0B

Pyth Network Price

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About Pyth Network (PYTH)

The Pyth Network stands as a preeminent and rapidly expanding primary oracle network, known for its real-time market data provisioning to financial decentralised applications (dApps) across more than 40 blockchain platforms. It offers over 380 price feeds with minimal latency, encompassing a diverse range of financial instruments including cryptocurrencies, stocks, exchange-traded funds (ETFs), foreign exchange (FX) pairs, and commodities. 

This network is a collaborative effort involving leading exchanges, market makers, and financial institutions globally, all contributing their proprietary price data for utilisation in smart contracts. Key participants include notable entities such as Binance, OKX, Jane Street, Bybit, and Cboe Global Markets, among others. The Pyth Network's oracle mechanism efficiently consolidates this data directly on the blockchain, ensuring accuracy and resistance to manipulation. The protocol also enables users to conveniently "pull" the most recent prices onto their respective blockchains as required. 

Within a year of introducing its cross-chain pull oracle, the Pyth Network has amassed over $1 billion in total value. It has gained widespread adoption, being utilised by over 250 applications and securing a trading volume of $100 billion. The integration with Pyth Price Feeds is open and does not require special permissions. 

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Pyth Network FAQs

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Where is the best place to buy Pyth Network?

The best place to buy Pyth Network is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Pyth Network and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of Pyth Network determined?

The price of Pyth Network is determined by the forces of supply and demand in the market. Similar to other assets, the price of Pyth Network is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Pyth Network are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Pyth Network with credit card?

Swyftx does not allow you to directly buy Pyth Network with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Pyth Network instantly.

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

PYTH Buys and Sells

By number of orders

78% Buy
78%
Buys
22%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.