Guavy AI Editorial TeamSentiment: 4.2Clout: 45

Pyth Data Marketplace Launches with $3 Trillion Worth of Onchain Market Data

The Pyth Data Marketplace has officially gone live, marking a major milestone in the onchain shift of market data. Six global giants, including Euronext and Fidelity, have joined forces with Pyth to publish proprietary datasets directly onto blockchain infrastructure.

This move represents a significant departure from traditional methods of market data creation, control, and distribution, where institutions relied heavily on intermediaries to package and sell their data. With the Pyth Data Marketplace, these institutions can now retain full ownership and control over their data, setting pricing and access conditions themselves.

The new platform expands on the existing aggregated price feeds provided by Pyth, enabling raw, proprietary datasets to flow directly into the ecosystem. This means that developers, traders, and protocols have access to institutional-grade data without relying on centralized data providers.