What is the current price of Pyth Network (PYTH)?

The current price of Pyth Network (PYTH) is 0.2183720041631744 AUD, representing a -3.11 from the day prior.

Can I buy Pyth Network (PYTH) on Coinstash?

Yes - you can easily buy and sell Pyth Network (PYTH) on Coinstash. Simply login or sign up, to start buying Pyth Network (PYTH) in minutes.

Where is the best place to buy Pyth Network (PYTH) in Australia?

The best place to buy Pyth Network (PYTH) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Pyth Network (PYTH) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Pyth Network (PYTH)?

The trading volume of Pyth Network (PYTH) is 43.0M AUD in the last 24hrs, representing a -3.11 from the day prior.

How can I buy Pyth Network (PYTH)?

Pyth Network (PYTH) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Pyth Network (PYTH)?

The current market cap of Pyth Network (PYTH) is 802.2M AUD.

Can I convert Pyth Network (PYTH) to cash?

Yes - With Coinstash you can convert your Pyth Network (PYTH) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Pyth Network (PYTH) are there?

The current circulating supply of Pyth Network (PYTH) is 3.6B.

Is Coinstash a safe place to buy Pyth Network (PYTH) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Pyth Network (PYTH) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Pyth Network (PYTH)

What is Pyth Network?

Pyth Network is a decentralised data infrastructure designed to facilitate the sharing of high-fidelity, real-time financial market data between data providers and consumers. Primarily operating on the Solana blockchain, it is built to supply accurate, low-latency data to decentralised finance (DeFi) applications and smart contracts. The network was launched in August 2021 by the Pyth Data Association and integrates with cross-chain technologies, allowing broad access across over 40 blockchains.

How does Pyth Network work?

Pyth Network aggregates data from a diverse array of financial institutions, exchanges, and trading firms, known as data providers. The network employs an aggregation model that combines these data inputs into a single reliable price feed, complete with a confidence interval. Data is updated rapidly, roughly every 400 milliseconds, to ensure low-latency delivery. After validation, the aggregated data is made available on supported blockchains via a decentralised oracle protocol, facilitating seamless use within smart contracts and DeFi applications.

What are the potential use cases for Pyth Network?

Potential use cases for Pyth Network span across various sectors of the blockchain industry:

Decentralised Exchanges (DEXs): Provides real-time asset pricing for efficient trading and risk management.
Lending Platforms: Supports accurate price updates for liquidations, stablecoin value pegs, and risk-managed derivatives.
Yield Optimisation: Assists DeFi protocols in managing staking rewards and liquidity risks.
Benchmarks and Analytics: Supplies historical data for smart contract audits and market analysis.
Security Enhancements: Offers express relay for MEV protection and secure on-chain randomness through its Entropy feature.

What is the history of Pyth Network?

Pyth Network was founded by leading financial and crypto experts under the Pyth Data Association. It launched on the Solana blockchain in August 2021, providing high-speed price feeds encompassing over 30 crypto assets. Expansion continued with the introduction of Pythnet, a separate proof-of-authority blockchain, and integration with the Wormhole bridge to enable cross-chain capabilities. In November 2023, Pyth launched its governance token, PYTH, furthering its community involvement, and marked significant market growth by 2024, establishing itself as a notable competitor in the oracle space.