back28 Sep 20221 min read
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New Pyth Data Provider: Alphalab Capital

We are pleased to welcome Alphalab Capital, a technology-driven trading group, to the Pyth Network, where it will publish on-chain, real-time market data for crypto assets.

Who is AlphaLab Capital?

  • Alphalab Capital transacts over $2B daily in crypto assets on 40+ exchanges, both centralized and decentralized. Since 2017, the firm has consistently generated exceptional returns.
  • The company is also one of the first movers in quantitative trading on the blockchain. As of today, it operates thousands of algorithms 24/7 on a globally distributed network of trading servers.

“As transparency and data reliability is very important for the growth of DeFi, we’re excited to be part of this data ecosystem. By providing data to Pyth, we are able to contribute to the scalability and transparency of blockchain operations. Our partnership with Pyth enables anonymized yet increased access to institutional grade, high fidelity data to DeFi applications.” says John Gu, CEO of Alphalab Capital.

“Given Alphalab Capital’s position as a leading technology-focused crypto trading firm, we are really excited to be working alongside this impressive team on Pyth. They have an excellent track record of contributing to the DeFi and crypto community, and their robust technical expertise also makes them excellent partners for the Pyth ecosystem,” commented Stephen Kaminsky, Special Projects at Jump Crypto, one of the other leading trading firms supporting the Pyth Network.

We look forward to further joining forces with more amazing partners to build the digital data marketplace we all need — a marketplace for institutional-grade, high-fidelity financial data made accessible for any application on any blockchain.

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