Oracle Pyth Network has launched a new service providing 574 stock price feeds for the U.S. market, further building a borderless global financial market.

According to Deep Tide TechFlow, the decentralized oracle solution Pyth Network has officially launched a service to provide price feeds for 574 US stocks, including information on the S&P 500 index and the NASDAQ 100 index. This service covers the 500 largest companies by market capitalization in the United States and the 100 largest non-financial companies traded on the NASDAQ market.

Pyth aims to build a truly open price layer by providing decentralized, timely, accurate, and low-cost services that connect DeFi and TradFi, as well as on-chain and off-chain systems, further constructing a borderless global financial market.

It is reported that Pyth Network supports over 100 blockchains and provides more than 1,152 real-time price data feeds, with over 520 applications using Pyth, accumulating a trading volume of 1.36 trillion USD. In the future, Pyth will advance the Pythnet V1.2 upgrade to achieve seamless scalability, increased throughput, and ultra-fast price updates, further constructing the pillars of a global real-time financial network.