Pyth Network is the largest and fastest-growing oracle network. It is a system of blockchain oracles that collects data from current crypto prices and adds them to blockchain networks. This allows users to easily track markets and set up smart contracts that respond to price shifts.
MorePyth Network aims to create a network with reliable prices. Instead of sourcing information from public exchanges, they purchase their information from major financial institutions. The multi-chain oracle operates through an appchain called Pythnet.
MoreDo you want to buy Pyth Network (PYTH)? You can do this at Coinmerce. Select the amount you want to buy, pay fast and easily with SEPA and receive your tokens shortly.
MoreYou want to buy Pyth Network (PYTH)? You can buy Pyth Network using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Pyth Network, use the search function to search for Pyth Network and click on the name. You can indicate for what amount of euros you want to buy Pyth Network in the right window. Below is shown how much Pyth Network you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Pyth Network when the price of Pyth Network reaches your entered value. You can also execute a repeating order. Do you want to buy Pyth Network with another crypto currency? Then you go to the cryptocurrency you’d like to pay with and click on "Swap" in the right window to indicate that you wPYTH to receive Pyth Network.
Pyth Network was founded in 2021 by a talented group of developers, including specialists who previously worked at Jump Crypto and other decentralized financial (DeFi) institutions. They noticed a growing need for more accurate price data on blockchain networks. Most users lacked access to real-time price data for their smart contracts. Therefore, the developers wanted to create a system that could provide professional data feeds to casual crypto enthusiasts. Pyth Network aims to give the general public access to on-chain, accurate financial data by collecting crypto pricing data directly from financial institutions and then bringing it to multiple blockchain networks. In doing so, the network hopes to provide free, accurate data to anyone who needs it. The Pyth network operates with PYTH tokens, which are used to pay traditional financial institutions for the real-world data they publish on their price feeds. Additionally, the PYTH token facilitates transactions, smart contract execution, and can be used to vote on matters such as software updates and rate changes.