Hassan Maishera
On Wednesday, the Pyth Network announced via X that it had launched Pyth Lazer. This feature delivers ultra-granular price feeds and market data with update times as short as 1 millisecond.
Pyth Lazer 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 Lazer provides a rich suite of market data rivaling the offerings of CEXs. Protocols gain access to bid-ask spreads, market depth, and soon, moving averages—essential tools for traders navigating volatile markets.
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 up 7% in the last 24 hours and currently trades at $0.2161 per coin.
