Pyth Network has added real-time NYSE stock and ETF data to its marketplace, expanding the market information available to applications using the oracle network.
Why it matters
Applications can now access live data from both NYSE and Nasdaq through the marketplace. Oracle networks provide a way for applications to use information from outside a blockchain, including financial market data.
Market impact
The addition broadens the exchange data available to developers building applications that use market prices. Pyth's announcement does not establish a change in trading activity or token prices.
Frequently asked questions
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Which exchanges' live data can applications access through Pyth?
Applications can access live market data from both NYSE and Nasdaq through Pyth's marketplace.
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What types of NYSE data were added to Pyth's marketplace?
Pyth added real-time NYSE stock and ETF data.
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Why does an oracle network matter for market data?
Oracle networks provide a way for applications to use information from outside a blockchain, including financial market data.
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Who can use the exchange data available through Pyth?
The marketplace makes the data available to applications, including those built by developers using Pyth's oracle network.
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Does the announcement establish a change in PYTH's price?
The announcement does not establish a change in token prices or trading activity.
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