Pyth Brings Real-Time Data From All Five NYSE Exchanges On-Chain

On Wednesday, the Pyth Network announced via a blog post that NYSE BQT, real-time quotes and trades from all five NYSE Group equity exchanges, is now available through the Pyth Data Marketplace.

According to Pyth, the NYSE BQT feed combines quotes and trades from NYSE, NYSE American, NYSE Arca, NYSE National, and NYSE Texas. 

It includes the best bid and offer and the size available at those prices, as well as trade prices, official closing prices, total trading volume, and alerts for halts, resumptions, and short-sale restrictions.

The feed also covers stocks and ETFs listed elsewhere in the U.S. when they trade on an NYSE Group exchange. 

However, the team added that clients must obtain a license from NYSE before accessing the feed through Pyth. Pyth said apps can use NYSE BQT for market-hours data and official closing prices, then use its proprietary indices to track how far prices move from the close overnight or over the weekend.

This latest development comes after Pyth launched its data marketplace in April with providers including Euronext FX, Fidelity Investments, OTC Markets Group, and Tradeweb. 

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. 

The Pyth Network is the largest and fastest-growing first-party oracle network. Pyth delivers real-time market data to financial dApps across 40+ blockchains and provides 380+ low-latency price feeds across cryptocurrencies, equities, ETFs, FX pairs, and commodities.

The network comprises some of the world's largest exchanges, market makers, and financial services providers who contribute their own price data for use by smart contracts. Participants in the network include Binance, OKX, Jane Street, Bybit, Cboe Global Markets, and more. The Pyth oracle program aggregates their data on-chain to guard against inaccuracies and manipulation. Finally, the protocol allows users to "pull" the latest price onto their blockchain when needed.

In less than a year since the launch of the cross-chain pull oracle, the network has secured over $1B in total value. The Pyth Network has been used by over 250 applications to secure $100B in trading volume. Integration with Pyth Price Feeds is permissionless. PYTH is down 7.5% in the last 24 hours, trading at $0.06391 per coin.