About Pyth Network
Pyth is an oracle network that services various blockchains, protocols, and projects within the Web3 and broader crypto industry.
Buy Pyth NetworkTrading Insights
Buyer Ratio
Traders
233
82.03%
Buyers
151
75.58%
Sellers
92
100%
Searched
312
Market Stats
Market Cap
£517.51M
4.13%
FDV
£900.02M
Circ. Supply
5.7B PYTH
Max Supply
10B PYTH
Total Supply
10B PYTH
Diluted Valuation
£899.74M
Performance
Popularity
#90
Dominance
0.02%
Volume (24H)
£24.75M
41.08%
Volume (7D)
£141.56M
Volume (30D)
£695.86M
All time high
£0.90
Price Change (1Y)
-67.1%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Pyth Network has decreased by 0.33% in the last hour and increased by 4.26% in the past 24 hours. Pyth Network’s price has also risen by 1.14% in the past week. The current price is £0.0899 per PYTH with a 24-hour trading volume of £24.75M. Currently, Pyth Network is valued at 89.99% below its all time high of £0.90. This all-time high was the highest price paid for Pyth Network since its launch.
The current circulating supply of Pyth Network is 5,749,983,051.48 PYTH which means that Pyth Network has as total market cap of £517,508,184.57.
Market details
PYTH vs markets
↘ 81.18%
PYTH vs BTC
↘ 80.16%
PYTH vs ETH
↘ 80.03%
Tags
defi
oracles
cross-chain
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Solana | HZ1JovNiVvGrGNiiYvEozEVgZ58xaU3RKwX8eACQBCt3 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0899 | ↗ 4.31% |
1 Day | £0.0864 | ↗ 4.26% |
1 Week | £0.0882 | ↗ 1.14% |
1 Month | £0.11 | ↘ 20.13% |
1 Year | £0.28 | ↘ 67.10% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Pyth Network is a decentralized oracle platform that delivers real-time market data to blockchain applications. By aggregating data from over 120 major financial institutions, including exchanges and trading firms, Pyth provides price feeds for cryptocurrencies, equities, forex, and commodities.
PYTH is the native utility token of the Pyth Network, serving multiple purposes within its ecosystem. It facilitates decentralized governance, allowing token holders to vote on proposals that influence the network's development and operations. Additionally, PYTH tokens are used for staking within the platform.
Social stats
Popularity in posts
#410
Contributors
332
Posts
332
% About Pyth Network
0.059%
Hold times
0 days
X (Twitter)
44.97% bullish
Sentiment
4.6 ★
Highlights
332 unique individuals are talking about Pyth Network and it is ranked #410 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Pyth Network has an average sentiment score of 4.6 out of 5. Finally, Pyth Network is becoming less newsworthy, with 0 news articles published about Pyth Network.
On Twitter, people are mostly bullish about Pyth Network. There were 50% of tweets with bullish sentiment compared to 11.2% of tweets with a bearish sentiment about Pyth Network. 50% of tweets were neutral about Pyth Network. These sentiments are based on 2493 tweets.
On Reddit, Pyth Network was mentioned in 10 Reddit posts and there were 15 comments about Pyth Network. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
