What Pyth Network connects

Pyth Network (PYTH) is a decentralized oracle network token, currently ranked 112th by market capitalization among the assets we track. Pyth Network powers a decentralized oracle network — the infrastructure that feeds real-world data (prices, events, randomness) into smart contracts that otherwise can't see beyond their own chain. The PYTH token pays and secures the node operators who deliver it.

Pyth Network is a decentralized oracle solution that provides real-time data feeds for cryptocurrencies and other financial assets, empowering developers to build reliable DeFi applications.

How the data stays trustworthy

An oracle is only useful if its data is hard to corrupt. Decentralized node sets, staking, and reputation systems exist so that no single operator can feed a contract a bad price and drain it.

Background & fundamentals

Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in PYTH. In sector terms it is most often filed under Solana (SOL) Token.

Where Pyth Network sits in the market

At $0.0378, Pyth Network carries a market capitalization of $217.15M. Around $55.17M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 25.41% of the float — unusually high, the kind of churn that accompanies major news or speculative spikes.

Almost the entire PYTH supply is already in circulation (~100.0% of the 10B cap), so future dilution is effectively off the table. PYTH remains -97% beneath its all-time high of $1.15, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

Recent moves read 24-hour +4.27%, 7-day +9.56%, 30-day -14.58%, 1-year -65.29%. Within its stored 365-day daily history, PYTH mounted a low-to-high run of roughly 170% at its strongest stretch.

Volatility profile

Recent action puts Pyth Network in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities. Over the last 30 days the move totals -14.58%, a useful input for stop placement and position sizing.

How to evaluate an oracle network like Pyth Network

A grounded read on PYTH comes down to three questions:

  • Integration breadth — how many protocols and how much value rely on Pyth Network feeds.
  • Data security — node decentralization and the crypto-economic stake protecting each feed.
  • Token demand — whether PYTH is genuinely required to pay for or secure the network's services.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.