Pyth Network has introduced real-time exchange-traded fund (ETF) price feeds, enabling blockchain developers and financial platforms to access live pricing for some of the world’s most heavily traded funds.

According to the announcement shared with Bitcoin.com News, the integration covers more than 100 ETFs managed by major financial firms, including Blackrock, State Street and Vanguard.

The team explained that the move brings ETF pricing data onchain at scale, providing direct, real-time prices from global trading venues. This stands in contrast to synthetic or mirrored tokens often used in decentralized finance (DeFi) to approximate ETF exposure.

According to Pyth Network, the new data set spans a broad array of ETFs across asset classes such as equities, global indices, commodities, and fixed income. It also includes strategies based on dividends, sector exposure, and growth or value styles.

The network’s data is sourced from global financial institutions and trading platforms, aiming to reduce reliance on costly traditional market data providers. Douro Labs CEO Mike Cahill, a contributor to the network, said the current data ecosystem is structurally exclusionary, citing ICE’s $1.4 billion in annual data revenue.

“Nasdaq’s data revenue more than doubled over the past decade, while ICE pulled in $1.4 billion from data and connectivity services in 2023 alone,” Cahill remarked.

By making ETF data publicly accessible onchain, Pyth suggested that developers can build financial tools that more accurately reflect real-world market conditions. Potential use cases include trading applications, treasury tools, and products tailored to specific investment strategies.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。