Pyth Network Q1 2024 Report

Pyth has been selected as a finalist for the **2026 Finovate Awards** in the Best Cryptocurrency Application for FI category. The oracle network received recognition from fintech industry judges for delivering institutional-grade market data infrastructure to financial applications. This follows Pyth's previous recognition as **Technology Provider of the Year** at the Hedgeweek Global Digital Assets Awards 2026.

TradeXYZ has gone live with Pyth Network's $CXMT price feed as an external pricing source for its market during trading hours. **Key Details:** - The integration coincides with the stock's trading launch in Shanghai - TradeXYZ is using Pyth's oracle data to power real-time market pricing - The $CXMT feed provides external price data during active market hours This integration demonstrates the growing adoption of oracle networks for traditional market data in decentralized trading platforms.

Pyth Network has launched what it describes as the largest chip listing in Chinese history on its Pyth Pro platform. This follows Pyth's recent pattern of bringing major equity markets onchain, including the SpaceX listing in June 2026. The oracle network continues expanding its same-day equity feed capabilities to include significant Asian market listings. The move demonstrates Pyth's growing role in bridging traditional equity markets with blockchain infrastructure through its first-party oracle network.

**ChangXin Memory Technologies (CXMT)**, China's largest DRAM manufacturer, went live on Pyth Pro, marking a significant milestone as the **first mainland Chinese IPO to receive day-one market data coverage**. **Key Details:** - CXMT produces DRAM memory used in servers, phones, and PCs - Real-time pricing available from opening trade for exchanges, perpetual platforms, and prediction markets - Expands Pyth's Asian equity catalog across multiple regions: - **Hong Kong**: 100+ feeds (Tencent, BYD) - **Mainland China**: GigaDevice, Montage Technology, Cambricon - **South Korea**: SK Hynix, Samsung - **Japan**: Further expansion planned This represents the first time a market data provider has delivered a Shanghai IPO feed on launch day, demonstrating Pyth's expanding infrastructure for Asian equity markets.

**Real-world asset (RWA) perpetual markets are seeing significant growth**, with the five largest markets averaging $8 billion in daily trading volume. **Pyth has captured 97% of this market**, establishing itself as the dominant oracle provider for RWA perpetuals. These markets enable trading of: - Oil and metals - Global equities - ETFs The growth follows Q1 2026's $525 billion in total RWA perp volume. Pyth Pro has become critical infrastructure enabling these markets by providing reliable price data feeds that perpetual markets depend on to function properly.