back19 Jul 20241 min read
blog post image

New Pyth Data Provider: AlgoLI

Reliable and accurate financial data made available on-chain is a must for the next generation of DeFi builders to make their dApps a reality. To enable this, the Pyth Network is thrilled to welcome AlgoLI to the Pyth data provider community to contribute its data to help secure the Pyth price oracle.

AlgoLI will contribute data for cryptocurrencies and equities to support Pyth’s mission of delivering reliable, real-time asset prices to smart contract developers on every blockchain. This contribution will support the greater Pyth mission of delivering reliable, real-time access to price data for blockchain developers everywhere. Pyth currently supports more than 550 real-time price feeds to power DeFi applications throughout the EVM, Cosmos, Move, Bitcoin, and Solana ecosystems.

"Reliable data is one of the building blocks for healthy markets and successful quantitative trading. Assisting Pyth in providing the first will assist us in achieving the second." – Alon Ohayon, Founder and CEO at AlgoLI

Who is AlgoLI?

  • AlgoLI is a cutting-edge firm specializing in proprietary algorithmic trading, data feed services, node operation, and market making.
  • AlgoLI provides real-time market data and liquidity solutions across various digital asset markets.
  • AlgoLI aims to enhance the blockchain industry with precise and high frequency financial asset price feeds.

The Pyth Network continues to invite more data partners to join the data provider community and help build a decentralized marketplace for institutional-grade, high-fidelity financial data.

Discover More


We want to hear your feedback. Join the Pyth Discord and Telegram, and follow Pyth on X and LinkedIn. You can also learn more about Pyth here.

Stay Updated with Pyth

Stay informed about Pyth network's development and upcoming events!

Recommended For You

all posts