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Pyth launches 24/7 pricing for stocks and commodities
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Pyth launches 24/7 pricing for stocks and commodities

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Pyth Network has launched continuous pricing indexes for major US stocks and commodities, enabling crypto exchanges and tokenised asset platforms to access market reference prices outside traditional trading hours.

The blockchain oracle provider said Coinbase, Kraken, dYdX and Nado are already using the indexes to support perpetual futures, tokenised assets, prediction markets and other trading products that operate around the clock.

The initial index lineup covers major equities including Nvidia, Tesla, Apple, Circle and Strategy, alongside commodities such as gold, silver, West Texas Intermediate crude and Brent crude.

Pyth also partnered with MarketVector, a VanEck-owned index provider, to develop thematic equity index futures focused on sectors including artificial intelligence, defence, technology and China.

The new products are designed to provide continuous pricing even when traditional exchanges in New York and London are closed, addressing a key infrastructure challenge for tokenised stocks and commodities.

Pyth said the launch builds on its broader push into institutional market data services after introducing a platform earlier this year that allows financial institutions to publish and monetise market data across blockchain networks.

The expansion comes as tokenised real-world assets continue to gain momentum, with Binance Research reporting that tokenised stocks grew 422% year over year while tokenised precious metals expanded 39%, highlighting increasing demand for blockchain-based exposure to traditional financial assets.

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