馃殌 CXMT IPO Soars 465.8% on Shanghai Debut, Powered by Pyth's Day-One Feed
馃殌 CXMT IPO Soars 465.8% on Shanghai Debut, Powered by Pyth's Day-One Feed
馃幆 CXMT's 465% debut
ChangXin Memory Technologies (CXMT) made history with its Shanghai IPO, closing up 465.8% and becoming the most valuable company on a mainland Chinese exchange.
Key Highlights:
- CXMT traded as a perpetual for 13 days before going public
- China's largest DRAM manufacturer (memory for servers, phones, PCs)
- First-ever day-one feed for a mainland Chinese IPO by a market data provider
- Pyth delivered real-time pricing from the opening trade
- TradeXYZ integrated Pyth's $CXMT feed as an external pricing source
Expanding Coverage:
Pyth's equity catalog now spans Asia with 100+ feeds including:
- Hong Kong: Tencent, BYD
- Mainland China: GigaDevice, Montage Technology, Cambricon
- South Korea: SK Hynix, Samsung
- Japan expansion coming soon
Exchanges, perpetual platforms, and prediction markets had access to accurate pricing data from the first tick, enabling traders to position accordingly on this historic IPO.
ChangXin Memory Technologies joins an equity catalog expanding across Asia. Hong Kong (100+ feeds including Tencent and BYD), Mainland China (GigaDevice, Montage Technology, Cambricon), South Korea (SK Hynix and Samsung), with more coming and further expansion to Japan.
TradeXYZ now live powering its market with Pyth鈥檚 $CXMT feed as an external pricing source during market hours 馃敭
CXMT has transitioned to a standard XYZ perpetual. 10x leverage, 24/7, 365.
CXMT is China's largest maker of DRAM, the memory in every server, phone, and PC. It marks Pyth's first day-one feed for a mainland Chinese IPO. Exchanges, perpetual platforms, and prediction markets had real-time pricing from the opening trade.
CXMT traded as a perp for thirteen days before it began trading publicly. Its Shanghai debut closed up 465.8%, making it the most valuable company listed on a mainland Chinese exchange. Live on Pyth from the first tick.
馃嚚馃嚦 LIVE: The largest mainland Chinese IPO, priced from the first tick. ChangXin Memory Technologies ($CXMT) is live on Pyth Pro, marking the first time ever a market data provider has delivered a Shanghai IPO feed on day one 馃У
馃嚚馃嚦 LIVE: The largest mainland Chinese IPO, priced from the first tick. ChangXin Memory Technologies ($CXMT) is live on Pyth Pro, marking the first time ever a market data provider has delivered a Shanghai IPO feed on day one 馃У
As the stock began trading in Shanghai, @tradexyz integrated the Pyth $CXMT feed as an external pricing source for its market.
CXMT has transitioned to a standard XYZ perpetual. 10x leverage, 24/7, 365.
Pyth Pro Expands US Equity Coverage to 222 Assets with 24/5 Trading
Pyth Pro has expanded its live US equity offerings to **222 assets**, up from 208 in July. The oracle network provides: - **Real-time data** for US equities - **24/5 coverage** including overnight trading hours - **Single integration** for accessing all assets This expansion strengthens Pyth's position as a first-party oracle network, offering continuous market data beyond traditional trading hours. The service enables developers and traders to access equity price feeds around the clock through one unified connection.
馃敭 Pyth data dominates
**Pyth Network priced 95.2% of tracked real-world asset (RWA) perpetual futures volume in July**, totaling $674.3B out of $708.3B in total market volume. **Key metrics:** - Total RWA perp volume hit $708.3B, up 69.6% from June - Equities doubled to $477.1B, representing 64.7% of the market - Commodities grew 15% but lost market share to equities The data marks the largest month on record for tracked RWA perpetuals, with Pyth maintaining its dominant position as the primary oracle provider for pricing these instruments.
Pyth releases July 2026 RWA perpetual markets analysis with Refraction and Zinn Research data
Pyth Network published its monthly Real World Asset (RWA) perpetual markets report for July 2026, analyzing trading activity and market trends. **Key Details:** - Report compiled using data from [RefractionRWA](https://twitter.com/RefractionRWA) and [Zinn Research](https://twitter.com/zinnresearch) - Covers perpetual futures markets for tokenized real-world assets - Part of Pyth's ongoing monthly market analysis series The full report is available on [Pyth's blog](https://www.pyth.network/blog/memory-took-the-market-%E2%80%94-rwa-perp-report-(july-2026)?utm_source=organic_social&utm_medium=x_post&utm_campaign=2608_post&utm_term=rwaperpreport). This analysis provides insights into how traditional assets are being traded as perpetual contracts on-chain, tracking volume, liquidity, and market behavior across RWA derivatives.
Pyth Pro hits record $7.5M ARR in July 2026
Pyth Pro achieved a milestone in July 2026, reaching **$7.5M in annual recurring revenue (ARR)**. The growth was driven by: - Expanding product catalog - Increased platform adoption - More teams building financial products with Pyth Pro - Growth in Pyth Indices and enterprise deployments July saw broad-based expansion across multiple metrics: - Higher user engagement - More trial conversions - Increased paying customers - Expanded market coverage This continues a steady upward trend throughout 2026, with month-over-month increases in usage, integrations, and commercial expansion. [Read the full July 2026 report](https://www.pyth.network/blog/pyth-pro-july-2026-report?utm_source=organic_social&utm_medium=x_post&utm_campaign=2608_post&utm_term=pythpro)