On Thursday, the Pyth Network announced via X that cryptocurrency exchange Coinbase has integrated Pyth’s Lazer technology. The integration will enhance the speed and precision of pricing data on Coinbase International Exchange.
Launched a few weeks ago, Pyth Lazer delivers ultra-granular price feeds and market data with update times as short as 1 millisecond. It is built for protocols that demand speed—like perpetual futures and trading applications competing head-to-head with CeFi standards. It delivers true ultra-low sub-second latency price updates and rich market data for up to 1,000+ assets.
In addition to sub-second latencies and price streams with 1ms updates, Pyth Lazer also supports 50ms and 200ms streams, as well as customizable frequencies. Developers can choose from multiple frequencies, as real-time price streams are not always useful in every scenario.
Pyth Network is an innovative decentralized oracle that sources financial market data from over 90 first-party publishers, including major exchanges and market-making firms worldwide. PYTH is down 5.5% in the last 24 hours and currently trades at $0.1789 per coin.
Hassan Maishera