Apifiny Joins Renowned Pyth Network to Help Grow DeFi Ecosystem

November 16, 2021 — Today we are excited to announce will be partnering with the Pyth network, one of the world’s premier oracle data solutions that’s driving the growth of the DeFi ecosystem. Decentralized finance relies on high-fidelity, time-sensitive and real-world data. But many ecosystem players have no way to quickly and reliably access this data at scale. 

Pyth solves this oracle problem by connecting high-fidelity market data from the world’s largest professional traders and exchanges to any smart contract, anywhere. The Pyth network delivers a decentralized, cross-chain market of verifiable data from high-quality nodes. 

The network nodes are comprised of some of the world’s most prominent and active exchanges, market makers and trading firms. Companies like FTX, Jump Trading Group, Galaxy Digital, Genesis Global Trading, CoinShares, Bitso, Bitstamp, Alameda Research and Amber Group. 

Apifiny will leverage its global reach to provide Pyth aggregated, real-time crypto market data from over 25 exchanges in six continents. 

“We’re honored to join the Pyth network alongside other innovative trading firms, exchanges, and market makers,” said Haohan Xu, CEO of Apifiny.  “At Apifiny, we strive to grow the digital asset ecosystem by connecting the highly fragmented crypto market into one, unified global marketplace. We look forward to contributing to a reliable oracle solution that can benefit the DeFi ecosystem and help drive institutional adoption.” 

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About the Pyth Network

The Pyth network is a specialized oracle solution for latency-sensitive financial data that is typically kept behind the “walled gardens’’ of centralized institutions. The Pyth network is focused on finding a new and inexpensive way to bring this unique data on-chain and aggregating it securely. For more information about the Pyth network, please visit pyth.network.

About the Pyth Data Association

The Pyth Data Association was created in support of the Pyth network, a specialized oracle solution for latency-sensitive financial data that is typically kept behind the “walled gardens’’ of centralized institutions. The Pyth Data Association is overseen by a board of directors elected by members of the Pyth network.