Hassan Maishera
On Tuesday, the Pyth Network announced via X that LMAX is now the latest Pyth Pro user. LMAX Group, the world's leading global cross-asset marketplace powering the fusion of traditional and digital finance through trusted technology, is now a Pyth Pro user.
Integrating real-time market data as an aggregate price source for its perpetual futures trading platform. Pyth Pro delivers institutional-grade market data direct from top firms—accurate, transparent, and affordable across every asset class and geography.
To achieve this, Pyth has collaborated with industry leaders and government agencies like Cboe, Jane Street, Revolut, and the U.S. Department of Commerce to establish a new model that makes market data more accessible, accurate, and transparent.
These contributions are aggregated transparently with cryptographic verification and supported by staking and slashing mechanisms. The effect is to capture price discovery as it occurs at the source, all while creating a system that rewards accuracy and participation.
Pyth Pro is designed to give institutions a transparent, holistic view of global markets across every asset class and geography, eliminating the inefficiencies, blind spots, and escalating costs of the legacy market data supply chain.
Pyth Pro consolidates global coverage into one distribution network: more than 2,000 feeds across equities, futures, ETFs, commodities, FX, cryptocurrencies, and fixed income. Data is updated at millisecond frequency with over 99.9% uptime and 95% accuracy vs. NBBO, and new symbols are added every week.
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 0.35% in the last 24 hours, trading at $0.05663 per coin.
