Pyth Launches 24/7 FX Indices for EUR/USD, GBP/USD, and USD/JPY
Pyth Launches 24/7 FX Indices for EUR/USD, GBP/USD, and USD/JPY
🌍 FX never sleeps
Pyth has launched continuous pricing for major foreign exchange pairs including EUR/USD, GBP/USD, and USD/JPY through its new FX Indices product.
Key Details:
- Provides 24/7 pricing for the world's most traded forex markets
- Eliminates pricing gaps that exist in traditional market hours
- Follows recent launches of equity, metals, and oil indices
Broader Context:
Pyth Indices launched earlier this month in partnership with MarketVector (a VanEck company) to provide continuous pricing infrastructure for always-on markets. The platform now covers:
- US equities ($NVDA, $TSLA, $AAPL, $MSFT, $GOOGL)
- Commodities (oil, metals)
- Thematic baskets (AI10, Defense10, China10, Tech100)
- Foreign exchange pairs
The indices are already being used by Coinbase, Kraken, Nado, and dYdX to power perpetual markets and tokenized assets that trade around the clock.
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
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
$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.
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. 🧵
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