Pyth Network Reaches 1000+ Price Feeds Milestone

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. [Learn more about Pyth Indices](https://pyth.network/indices)

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 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.

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 on their V2 platform.

Coinbase is developing what aims to be the largest derivatives trading venue in crypto, powered by Pyth Indices infrastructure. This follows a broader trend of crypto exchanges expanding into traditional asset classes. BitMEX recently adopted Pyth's unified pricing architecture for its real-world asset (RWA) derivatives stack, signaling an industry shift toward programmable, cross-asset infrastructure designed for 24/7 markets. The move addresses a critical gap in crypto market infrastructure as venues push deeper into equities, foreign exchange, and commodities trading. Modern derivatives platforms increasingly require reliable, always-on pricing data across multiple asset classes. [Read the BitMEX case study](https://www.pyth.network/success-stories/how-bitmex-built-its-rwa-derivatives-stack-with-pyth-pro-x?utm_source=organic_social&utm_medium=x_post&utm_campaign=2605_post&utm_term=bitmexcasestudy)