Smart Contract OracleYour Oracle Development Journey

First-party data providers—institutional market participants—submit their price data to the network every 400ms. All price feeds have multiple data providers publishing toward them for accuracy and robustness.

The Pyth oracle program runs on Pythnet, an appchain operating as a computation substrate. The Pyth on-chain program securely and transparently aggregates incoming data to produce a single aggregate price and confidence interval.

Pyth allows users to “pull” prices from Pythnet to their native chain “on-demand”. While users can listen to Pythnet prices updating in real time, they only pay for the prices they use. Learn more about our pull-based oracles here.