back27 May 20221 min read
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New Pyth Data Provider: M@zel

We are proud to announce that M@zel, a fund backed by Eisler Capital, has committed to joining the Pyth Network. M@zel will initially contribute its proprietary market data for digital assets to the network, bringing its unique first-party prices — derived from its multi-strategy trading business — on-chain.

Who is M@zel?

  • M@zel, one of the many funds backed and operated by Eisler Capital, is specifically focused on crypto assets.
  • Eisler Capital is an investment management firm seeking to provide attractive risk-adjusted returns with low levels of correlation to risk assets.
  • The firm leverages proprietary technology systems, advanced trade screening processes, and a disciplined risk management framework to express its views. It also uses fixed income, foreign exchange, equity, credit, and commodity instruments as its related derivatives.

A spokesperson for Eisler noted that “M@zel recognizes the importance of high quality, low-cost market data in order to enable a more efficient trading ecosystem. As such, M@zel looks forward to working with Pyth to bring low-latency market data to the crypto industry.”

We look forward to further coordinating with many amazing partners to establish a digital marketplace of institutional grade, high-fidelity financial data, and power any financial dApps regardless of their blockchain base.

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