Pyth Solana is a bridge connecting reality on the chain

Pyth Oracle Official website

brief introduction

Pyth Network The data publisher in is provided by professional organizations , And Chainlink It's completely different . These institutions include Alameda Research、Chicago Trading Company、CMS、CoinShares、Cumberland DRW、FTX、Galaxy Digital、Genesis Global Trading、Jane Street、 I Cloud、Jump Trading、Wintermute Wait for more Data publisher . These data are available every day Solana On chain initiation agreement 230–300W Transactions , These can be found in dune You can see clearly on the .

Participation model

Pyth Have the following three types of participants ：

• Publisher （Publisher） Responsible for issuing the feed price , And get part of the data cost in return . Publishers are usually market participants who can obtain accurate price information in time . Pyth The agreement is based on the amount of new price information shared by the publisher , Reward publishers proportionally . It can solve the problem of what price data should be provided .
• consumer （Consumer） Read feed price , Integrate data into smart contracts or decentralized applications , And can selectively pay for data . Consumers are both