Pyth Network price

in USD
$0.09253
-- (--)
USD
Last updated on --.
Market cap
$532.91M #43
Circulating supply
5.75B / 10B
All-time high
$1.160
24h volume
$48.23M
Rating
4.2 / 5
PYTHPYTH
USDUSD

About Pyth Network

Pyth Network ($PYTH) is a cryptocurrency designed to power decentralized data infrastructure. It supports real-time, high-fidelity price feeds sourced directly from over 120 trusted financial institutions, including exchanges and market makers. Integrated across 100+ blockchains, Pyth provides essential data for DeFi applications like lending, trading, and stablecoins. Beyond DeFi, it is building bridges to institutional finance, enabling on-chain distribution of critical economic metrics such as GDP data. With sub-second updates and cryptographic security, Pyth is positioning itself as a foundational layer for both decentralized and traditional markets. Its utility lies in connecting reliable data to smart contracts, driving transparency and innovation in global finance.
AI insights
Solana
CertiK
Last audit: 3 Jun 2021, (UTC+8)

Pyth Network’s price performance

Past year
-71.84%
$0.33
3 months
-20.14%
$0.12
30 days
-42.69%
$0.16
7 days
-19.28%
$0.11

Pyth Network on socials

더 쓰니 | THE SSUNI
더 쓰니 | THE SSUNI
.@Talus_Labs, @Infinit_Labs, @Lombard_Finance, can you automate large-scale Bitcoin-based capital allocation? Summary Talus's Nexus agent generates strategies constrained by policy, Infinit's DeFi intelligence converts them into cross-chain transaction bundles, and Lombard's BTCFi rails issue, move, and settle LBTC to complete the closed loop. The policy layer within Talus's workflow enforces goals, constraints, and safety mechanisms, and Infinit's execution graph inherits these directly. Lombard supplies collateral based on BTC and provides limited recycling (rehypothecation) and decisive liquidation paths restricted to Babylon staking. The stack is vulnerable to oracle distortions, liquidity crunches, and rollup sequencer failures, but each layer is equipped with circuit breakers and multi-oracle designs to mitigate these issues. Performance is evaluated based on capital efficiency (utilization, turnover), risk-adjusted returns (Sharpe/Sortino around 0.1 to 0.7), and recovery metrics (slashing below 0.1%, collateral recovery rate above 80% under stress in October 2025). 1. Pipeline Structure Talus acts as the brain of the strategy, Infinit serves as the hand of execution, and Lombard is responsible for value settlement. Talus's agent designs strategies in a DAG format, and Infinit bundles them into multi-chain transactions after simulation and cost estimation. Lombard ensures that BTC value circulates reliably on-chain through LBTC issuance and Babylon staking. The entire pipeline is based on trust in Talus's policy engine and is guaranteed by Infinit's non-custodial execution and Lombard's PoA consortium signature structure. 2. Policy-Based Capital Flow Talus explicitly defines target metrics and constraints. For example, policies such as achieving an LBTC yield of over 5%, maintaining position sizes within 10%, and slippage below 0.5% are enforced on-chain by converting them into Move bytecode. Off-chain inference is verified through zkML proofs. Infinit maps these constraints to transaction-level checks, and bundles that do not pass pre-validation are not executed. 3. Collateral, Recycling, and Liquidation Structure Users deposit BTC to receive LBTC, and the Lombard consortium signs off after six confirmations. The issued BTC is staked in a single recycling form with the Babylon validator set, generating interest income with an 8% protocol fee applied. LBTC is used as collateral in DeFi lending pools, and if the collateral ratio exceeds 80%, on-chain liquidation occurs. The Babylon slashing risk is capped at 0.1%. The BTC.b path is maintained as pure collateral assets without recycling for institutional use. 4. Risks and Responses Oracle distortions are mitigated through dual feeds from Chainlink and Pyth and TWAP verification, while liquidity shortages are addressed by Infinit simulations and Talus circuit breakers. Rollup failures are automatically retried by Infinit's separate execution structure, and Babylon slashing is covered by an insurance pool. Residual risks remain in extreme market liquidity situations or sequencer centralization. 5. Performance Evaluation The LBTC loan utilization rate is 70%, exceeding the ETH-based average, and the strategy stage has high complexity within 16 stages. Daily trading turnover is around 5-10%, with a Sharpe ratio of 0.12 and Sortino of 0.7, outperforming simple BTC holding. The average detection time is 45 seconds, liquidity response is 0.8 seconds, and the collateral recovery rate is recorded at 82%. 6. Key Insights Talus's policy layer is central to overall risk management, and Lombard's single recycling structure maintains institutional trust. Oracle diversification and sequencer decentralization are essential tasks, and while there is room for improvement in capital efficiency, additional stress testing and recovery path securing are required for large-scale TVL expansion. Conclusion The Talus-Infinit-Lombard combination is an autonomous BTCFi pipeline integrating AI-based strategy formulation, non-custodial execution, and BTC collateral settlement. This structure achieves a balance between capital efficiency and risk management, providing institutional-level reliability through limited recycling and multiple oracles. However, oracle dependence and sequencer centralization remain challenges, and the adoption of multi-sig oracles and decentralized sequencers must spread to ensure complete autonomy and stability.
Pyth Network 🔮
Pyth Network 🔮
Any price. Any place. Any time. Straight from the source 🔮
Michael James | Pyth🔮
Michael James | Pyth🔮
Another day, another oracle issue leading to large losses. If you’re actually serious about building and delivering the best experience for your business and users, you choose @PythNetwork, regardless of costs. The only multi-asset oracle built by the top traders, market-makers and institutions in the industry. Don’t sacrifice your entire business and choose amateurs. Too much at stake.

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Pyth Network FAQ

Currently, one Pyth Network is worth $0.09253. For answers and insight into Pyth Network's price action, you're in the right place. Explore the latest Pyth Network charts and trade responsibly with OKX.
Cryptocurrencies, such as Pyth Network, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Pyth Network have been created as well.
Check out our Pyth Network price prediction page to forecast future prices and determine your price targets.

Dive deeper into Pyth Network

Pyth Network is a decentralized oracle solution that provides real-time, high-fidelity financial market data to multiple blockchains. Launched in 2021, Pyth Network was created to address the need for accurate, low-latency market data in the rapidly growing decentralized finance (DeFi) sector. The network sources its data from over 90 first-party publishers, including some of the world's largest exchanges and market makers. Pyth Network's mission is to democratize access to financial market data, making it readily available to DeFi applications and the general public. By doing so, it aims to empower individuals to take control of their financial lives and foster the growth of the DeFi ecosystem.

How does Pyth Network work

Pyth Network operates by incentivizing market participants to share the price data they collect as part of their existing operations. This data is then aggregated and published on-chain for use by on- or off-chain applications. The network uses an appchain called Pythnet to store and update the state of each price feed. Pythnet is a proof-of-authority blockchain where each publisher runs a validator. PYTH prices are broadcast from this appchain to other target chains by way of a cross-chain architecture that uses decentralized cross-chain messaging protocols, such as the Wormhole network.

Pyth Network price and tokenomics

The Pyth Network's native token is PYTH. The maximum supply of PYTH is 10,000,000,000, with an initial circulating supply of 1,500,000,000 (15%). The token distribution is as follows: Publisher Rewards (22%), Ecosystem Growth (52%), Protocol Development (10%), Community and Launch (6%), and Private Sales (10%). The PYTH tokens are initially locked and will unlock 6, 18, 30, and 42 months after the initial token launch. The PYTH token plays a crucial role in the network's governance, allowing token holders to guide protocol development and shape the network.

About the Founder

Douro Labs, under the leadership of CEO Mike Cahill, established Pyth Network with a focus on blockchain technology. Their aim was to facilitate the integration of off-chain and on-chain data, particularly in Ethereum (EVM) and Solana ecosystems, to enable real-time data feeds for blockchain applications.

Pyth Network highlights

Pyth Network has successfully integrated with over 90 exchanges, market makers, and financial services providers, making it the largest first-party oracle network for financial data. The network supports more than 300 real-time price feeds across digital assets, equities, ETFs, FX, and commodities. Furthermore, Pyth Network's innovative pull oracle design has enabled it to scale to thousands of symbols and near limitless blockchains in coverage. The network's future plans include the implementation of the Perseus Upgrade and the transition to a permissionless mainnet with token-led governance.

Frequently Asked Questions about Pyth Network

  1. What is Pyth Network and its relation to Bitcoin and Ethereum?

    Pyth Network is a decentralized oracle that offers market data for digital assets, including Bitcoin (BTC) and Ethereum (ETH). It aggregates high-fidelity price feeds for DeFi and blockchain applications.

  2. How does Pyth Network verify the accuracy of its price feeds?

    Pyth Network employs a decentralized approach, sourcing data from multiple providers and using algorithms for data verification.

  3. What is the role of Pyth price feeds in cryptocurrency trading?

    Pyth price feeds provide market data for various assets, including equities and cryptocurrencies, which can assist in trading decisions and market liquidity.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Market cap
$532.91M #43
Circulating supply
5.75B / 10B
All-time high
$1.160
24h volume
$48.23M
Rating
4.2 / 5
PYTHPYTH
USDUSD
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