This is bigger than oracle talk ๐
$SUI as the fast-apps, liquidity and consumer-grade UX crowd watching how crypto scales to real users. $PYTH is working on the less visible layer those apps need when they move into equities, commodities, prediction markets and RWA products.
The new piece: Pyth is an external distributor of Nasdaq Basic through the Pyth Data Marketplace.
That means Pyth is not only pushing crypto prices into DeFi anymore. It is becoming a route for approved clients to access real-time U.S. equity data from Nasdaq.
I think the market is still slow to price that category change.
Look at the recent trail.
Pyth priced 96.27% of Augustโs tracked RWA perp volume.
That market reached $751.9B.
Pyth crossed $10.4M ARR in August.
Pyth Pro keeps expanding across equities, crypto, FX, commodities, metals, fixed income and more.
The Data Marketplace now has Nasdaq Basic in the story.
That combination changes the way I look at $PYTH.
It is not just โdoes DeFi need an oracle?โ
The better question is whether modern finance needs a distribution layer for trusted market data across software, apps, venues and onchain markets.
Pyth is building directly into that question.
#Altcoin Season# #RWA
$SUI as the fast-apps, liquidity and consumer-grade UX crowd watching how crypto scales to real users. $PYTH is working on the less visible layer those apps need when they move into equities, commodities, prediction markets and RWA products.
The new piece: Pyth is an external distributor of Nasdaq Basic through the Pyth Data Marketplace.
That means Pyth is not only pushing crypto prices into DeFi anymore. It is becoming a route for approved clients to access real-time U.S. equity data from Nasdaq.
I think the market is still slow to price that category change.
Look at the recent trail.
Pyth priced 96.27% of Augustโs tracked RWA perp volume.
That market reached $751.9B.
Pyth crossed $10.4M ARR in August.
Pyth Pro keeps expanding across equities, crypto, FX, commodities, metals, fixed income and more.
The Data Marketplace now has Nasdaq Basic in the story.
That combination changes the way I look at $PYTH.
It is not just โdoes DeFi need an oracle?โ
The better question is whether modern finance needs a distribution layer for trusted market data across software, apps, venues and onchain markets.
Pyth is building directly into that question.
#Altcoin Season# #RWA
