Pyth Network Price (PYTH)

Currency:
PYTH to TRY:
1 Pyth Network equals ₺ 15.14 TRY-6.99%1D
Page last updated: 2024-12-13 07:32 (UTC+0)
How do you feel about Pyth Network today?
Good
1
Bad
1
Note: This information is for reference only.

Price of PYTH today

The live price of Pyth Network is ₺ 15.14 per (PYTH / TRY) with a current market cap of ₺ 54.87B TRY. 24-hour trading volume is ₺ 5.81B TRY. PYTH to TRY price is updated in real-time. Pyth Network is -6.99% in the last 24 hours with a circulating supply of 3.62B.
PYTH Price History TRY
Date ComparisonAmount Change% Change
Today₺ -1.137235-6.99%
30 Days₺ 1.455354+10.64%
60 Days₺ 3.433662+29.34%
90 Days₺ 4.842299+47.04%

PYTH Market Information

24h Low & High
Low: ₺ 15.12
High: ₺ 16.41
The highest and lowest price paid for this asset in 24 hours.
All Time High
₺ 40.20
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
-2.04%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-6.99%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-17.30%
The percentage change in price for this asset compared to 7 days ago.

PYTH Market Information

Popularity
#77
Popularity is based on the relative market cap of assets.
Market Cap
₺ 54.87B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
₺ 5.81B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
3.62B
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
₺ 151.37B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2023-11-20

What Can You Do With Pyth Network (PYTH)?

Explore how to use your cryptocurrencies with Binance.

About Pyth Network (PYTH)

The Pyth Network is an advanced oracle network that aims to set itself apart by providing live market data directly to decentralized financial applications (dApps) across an extensive range of more than 40 blockchains. According to the project, it is noted for delivering over 380 fast-speed price feeds that cover a wide range of financial instruments, such as cryptocurrencies, stocks, exchange-traded funds (ETFs), forex pairs, and commodities.

The modus operandi of the Pyth Network involves aggregating precise price data from a varied collection of credible sources, inclusive of several high-profile exchanges, market makers, and financial services providers globally. These contributors bring their unique price data, equipping smart contracts with timely and accurate information. The mandatory oracle program of the network combines this data on-chain, applying measures to prevent inaccuracies and manipulative practices. Users can then "pull" the most up-to-date prices onto their respective blockchains as required, allowing access to dependable market data in real-time.

The Pyth Network reportedly stands out due to its special group of data contributors, which comprises leading entities such as Binance, OKX, Jane Street, Bybit, and Cboe Global Markets, amongst others. This network of contributors ensures a high standard of market data. Added to this are network features like low-latency price feeds and comprehensive support for more than 40 blockchains, contributing to its prominence in the category of first-party oracle services.

As per the project, the Pyth Network has developed quickly from its inception to build the broadest and fastest-growing first-party oracle network. Within a year of launching its cross-chain pull oracle, the network was already overseeing over $1 billion in total value, supporting over 250 applications with secure trade volumes reaching a substantial $100 billion.

The PYTH token facilitates decentralized governance in the Pyth Network, allowing token holders to vote on proposals and influence the network's direction through a staking mechanism.

The price of PYTH is updated in real-time and can be tracked on Binance.

People Also Ask: Other Questions About Pyth Network

  1. What is PYTH Token Used For?

    The utility of the PYTH token centers on governance within the Pyth Network. Token holders gain the ability to participate in the network's governance by staking their PYTH tokens. This staking mechanism enables them to vote on community proposals, effectively giving them a say in the direction and development of the network. This governance model allows for a decentralized decision-making process, ensuring that those invested in the network can contribute to its evolution and policy-making​.

  2. How Do Network Consensus and Validation Work On Pyth Network?

    The Pyth Network employs a Proof-of-Authority (PoA) consensus via its own blockchain, Pythnet, to aggregate financial data from multiple first-party sources. This approach ensures data accuracy and reliability by processing diverse inputs to produce a unified price and confidence interval for assets. It's designed to be robust against manipulation, weighing each data source based on its accuracy and reflecting price variations with an aggregate confidence band​.

  3. Who Is The Founder Of Pyth Network?

    The Pyth Network, initiated in April 2021, was founded by developers from Jump Crypto. A notable figure in its establishment is Michael Cahill, CEO of Duoro Labs and director of the Pyth Data Association. Originally launched on Solana, Pyth has since extended to 45 blockchains.

  4. What is the Maximum and Circulating Token Supply of PYTH?

    The Pyth Network has set a maximum token supply limit of 9,999,989,237 PYTH tokens. As of the latest figures, the circulating supply is 1,499,989,237 PYTH tokens.

  5. What Makes Pyth Network Different From Others?

    he Pyth Network aims to distinguish itself within the oracle network landscape through its collaboration with leading data providers, its commitment to delivering real-time and low-latency market data, and its extensive interoperability across a wide range of blockchains. These characteristics differentiate it from traditional oracle services. The project aims to furnish trustworthy and timely data to decentralized applications (dApps) within the blockchain landscape.

  6. How To Buy Pyth Network (PYTH)?

    Pyth Network (PYTH) can be purchased directly from Binance by using a debit or credit card. Pyth Network (PYTH) can also be traded for other cryptocurrencies on Binance. Live Pyth Network price is updated in real-time on Binance. PYTH price and purchase information is available for users to read on our How to Buy Pyth Network (PYTH) Guide.

PYTH to Local Currency

FiatPriceOperation
1 PYTH to TRY$ 0.43311
1 PYTH to RUB$ 0.43311
1 PYTH to EUR$ 0.43311
1 PYTH to AED$ 0.43311
1 PYTH to AUD$ 0.43311
1 PYTH to BRL$ 0.43311
1 PYTH to VND$ 0.43311
1 PYTH to IDR$ 0.43311
Last updated 2024/12/13 07:32 (UTC)

Video Section

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an "as is" basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance's control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.