🛢️ dYdX Integrates Pyth's 24/7 Oil Index for Continuous Trading
🛢️ dYdX Integrates Pyth's 24/7 Oil Index for Continuous Trading
🛢️ Oil never sleeps
dYdX has integrated Pyth's 24/7 Oil Index to power its continuous oil market, providing traders with an independent reference price around the clock.
Key Details:
- First deployment of Pyth's continuous oil pricing on a major exchange
- Enables uninterrupted trading without pricing gaps
- Part of Pyth's broader 24/7 indices expansion across traditional assets
Growing Adoption: Pyth Indices are now live on multiple platforms including Coinbase, Kraken, and Nado, covering US equities, metals, oil, FX, and thematic baskets developed with MarketVector.
The integration addresses a fundamental infrastructure gap: while 24/7 trading has existed, continuous pricing infrastructure has lagged behind. Pyth sources prices directly from institutional publishers and liquid venues to maintain accuracy across all hours.
Pyth works differently. Prices come from the firms that trade the asset: market makers and trading firms that are the primary source of price discovery. Pyth aggregates these inputs into a real-time, high-fidelity feed that exchanges like Coinbase, Binance, Trade[XYZ], and
Pyth Indices closes that gap. Continuous pricing for oil, equities, metals, and more, sourced from institutional publishers and the most liquid venues around the clock. Precisely why Pyth worked with @MarketVector, a VanEck company with $100B+ tracking its indices, in
The price of oil never stops moving. Now it never stops pricing. Pyth Oil Indices are live across WTI and BRENT. Continuous pricing for 24/7 markets.
5/ The Pyth × MarketVector framework is now open. Any exchange, platform, or issuer can build branded, thematic, or multi-asset basket indices through the framework. pyth.network/indices
New Indices User: @dYdX dYdX has integrated the Pyth 24/7 Oil Index to power its continuous oil market, giving traders an independent reference price around the clock. 24/7 markets. 24/7 pricing.
$SPCX. SpaceX. June 12. The most-anticipated listing in years. The largest equity perp market ever to launch onchain. Pyth will be live the moment it prints. Full breakdown: pyth.network/blog/the-ipo-o…
24/7 trading is already happening. Perpetual exchanges, prediction markets, and tokenized stocks run around the clock. The trading is there. The price infrastructure has lagged behind.
Extended-hours and overnight US equity feeds on Pyth Core (.PRE, .POST, .ON) will be deprecated on June 15th. Access to this data moves to Pyth Pro. Details and migration guide below ⬇️
2/ Pyth Indices are live across equities, oil, metals, FX, and thematic basket (co-developed with @MarketVector). Request access below: pyth.network/indices
This is where Pyth stands out. Most market data providers need new listings to work their way through layers of vendors, permissions, and redistribution. Pyth sources prices directly from the firms participating in price discovery itself, allowing new equity feeds to go live
The strongest signal is coming from the exchanges. Coinbase, Binance, Lighter, Trade[XYZ], Aster, Avantis and others all launched $CBRS perp markets relying on the Pyth feed. Traders want exposure immediately. Exchanges need a feed to meet that demand.
More markets are live on Pyth Pro: - New US equity feeds - 70+ Hong Kong equity feeds - Expanded extended hours coverage - Commodity futures - More crypto coverage From New York to Hong Kong, market coverage keeps expanding. One subscription. More markets.
24/7 trading is already here. What's been missing is the pricing infrastructure to support it. @Cointelegraph covers the launch of Pyth Indices and the growing demand for continuous pricing across tokenized assets and perpetual markets. Read more here: cointelegraph.com/news/pyth-24-7…
More markets are live on Pyth Pro: - New US equities feeds - More extended hours coverage - Commodity futures across global markets - Interest rates - Expanded crypto coverage One source. More markets. The price layer keeps growing 🔮
2/ The first products are live on @coinbase today: four thematic basket indices (AI10, Defense10, China10, Tech100), co-developed by Pyth and @MarketVector.
Trade entire sectors in a single click. For the first time, equity index perp-style futures are live on Coinbase. Go long or short on AI, and other leading sectors. → AI10 → Defense10 → China10 → Tech100 Everything is becoming tradable, only on Coinbase.
4/ MarketVector Indexes, a VanEck company (@vaneck_us), is a regulated benchmark administrator with over $100B in assets tracking its indices. They bring the governance and methodology. Pyth brings the data and continuous pricing. The combination enables products neither could
Market close is a thing of the past. Pyth Indices live now. Custom and white-label builds available. Read the full announcement: pyth.network/blog/24-7-fina…
The most traded market in the world, now priced without the gaps. Pyth FX Indices are live including EUR/USD, GBP/USD, and USD/JPY. Continuous pricing for 24/7 markets.
6/ Bring the strategy. MarketVector handles the methodology, calculation, and ongoing administration. Pyth handles 24/7 data sourcing. Read the full announcement here: pyth.network/blog/building-…
🧨 BREAKING: Introducing Pyth Indices. Proprietary 24/7 indices across U.S. equities, oil, metals, and thematic baskets co-developed with @MarketVector. Launched in collaboration with include @coinbase, @krakenfx, @nadoHQ, and @dYdX. 🧵
Always-on markets are being built on Pyth Indices right now. Coinbase, Kraken, Nado, and dYdX are already putting them to work. Thematic baskets built with MarketVector.
24/7 indices are live across US equities, oil, metals, and FX:
🧨 BREAKING: Introducing Pyth Indices. Proprietary 24/7 indices across U.S. equities, oil, metals, and thematic baskets co-developed with @MarketVector. Launched in collaboration with include @coinbase, @krakenfx, @nadoHQ, and @dYdX. 🧵
This isn't Pyth's first move into extended-hours pricing. Pyth is the first and leading provider of 24/5 feeds for U.S. equities, through an exclusive collaboration with Blue Ocean ATS. 24/5 equities was the first step. 24/7 indices across every major asset class are the next.
The Pyth catalog keeps expanding: • 15 24/7 Indices across US Equities, Metals, Oil, FX, Thematic baskets) • SpaceX (SPCX ) 24/5 feed • 9 US equities including Figma, Realty Income, Royal Caribbean, Rio Tinto, Ralph Lauren, Smurfit Westrock, Waste Management, and PPL
A US equity feed about to go 24/7. New Pyth Index drops in 15 minutes. Can you guess which one?
📰 NEWS: Building benchmark basket indices with @MarketVector. Together, Pyth and MarketVector Indexes make it possible to build and run thematic indices for markets that never close. 🧵
🔄 Pyth Delivers 24/7 US Equity Pricing During Market Closures
Pyth Network continues to provide real-time pricing for 11 US equities even when traditional markets are closed, including during the Juneteenth holiday. **Key Features:** - 24/7 pricing availability for US equities - Data sourced from the most liquid trading venues - Maintains operations during official market closures This follows Pyth's track record of providing exclusive access to after-hours trading data, including from Blue Ocean ATS, which recorded $10.5B in US equities traded during a weekend in February when traditional exchanges were closed.
Pyth Pro Brings Institutional-Grade Data to Cardano Builders
Pyth Network has launched **Pyth Pro** on Cardano, making institutional-grade data accessible to all builders on the blockchain. The service provides: - High-quality, first-party oracle data - Professional-grade market information - Enhanced capital efficiency for DeFi applications This expansion brings Pyth's institutional data infrastructure to the Cardano ecosystem, enabling developers to build more sophisticated financial applications with reliable price feeds and market data. The move represents Pyth's continued growth across multiple blockchain networks, offering builders the same data quality previously available only to institutional players.
Pyth Network Launches 24/7 Oil Price Feeds for WTI and Brent Crude
Pyth Network has introduced continuous pricing for oil markets with new indices tracking WTI and Brent crude. **Key Details:** - Live oil price feeds now available across both major benchmarks - Enables 24/7 pricing for markets that traditionally operate on limited schedules - Extends Pyth's oracle capabilities beyond crypto assets into traditional commodities The launch addresses a gap in traditional oil markets, which typically close overnight and on weekends, while DeFi protocols operate continuously.
Pyth SPCX Feed Processes $10B in Perpetuals Trading Volume in 24 Hours
The Pyth Network's $SPCX price feed has processed over $10 billion in perpetual futures (perps) trading volume within a single 24-hour period. **Key Points:** - The $SPCX feed demonstrates significant adoption in the derivatives trading space - This milestone highlights Pyth's role as a critical infrastructure provider for decentralized perpetual futures markets - The volume represents real-time price data usage across multiple trading platforms Pyth Network operates as a first-party oracle network, providing low-latency price feeds for DeFi protocols. The network has previously powered substantial trading activity, including Synthetix Perps' $38B in volume since their V2 integration in 2023.