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Oracle Machine Pyth Network has newly launched 574 US stock price feed service to further build a borderless global financial market.
According to official news from DeepTechFlow, the DecentralizationOracle Machine solution Pyth Network has launched a new 574 US stock price feed service, including information on the S&P 500 Index and the Nasdaq 100 Index, covering the top 500 US companies by Market Cap and the top 100 non-financial companies by volume on the Nasdaq market.
Pyth aims to build a truly open price layer, connecting DeFi and TradFi, on-chain and off-chain systems, further building a borderless global financial market by providing Decentralization, timely, accurate, and low-cost services.
It is reported that Pyth Network has supported 100+ blockchains and provided over 1152 real-time price data feeds. More than 520 applications use Pyth, with a cumulative volume reaching 1.36 trillion US dollars. In the future, Pyth will advance the Pythnet V1.2 upgrade to achieve seamless scalability, increased throughput, ultra-fast price updates, and further build the backbone of a global real-time financial network.