Pyth Network Launches LazerPyth - 400x Faster Price Oracle
Pyth Network introduces LazerPyth, a significant upgrade to their price oracle system. Key features include:
- 1ms update frequency (400x faster than Pyth Core)
- Only requires 15K compute units
- Compact 100-byte proofs
- Supports 20 price feeds per transaction
The system is specifically designed for high-frequency trading and perpetual futures markets. Several major protocols including Orderly Network, Drift Protocol, and Ethereal DEX are already implementing the technology.
LazerPyth enhances market data granularity with detailed bid-ask spreads and market depth information, aiming to bring more clarity to volatile markets.