Pyth Network price and where to buy PYTH

What is Pyth Network?

Pyth Network is an oracle: it publishes prices for crypto, stocks, currencies and commodities to smart contracts on many blockchains. Its data comes directly from first-party publishers such as exchanges and trading firms rather than from third-party nodes. PYTH is used for governance and staking.

How to buy Pyth Network, step by step

1. Pick an exchange. PYTH is listed on every exchange we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy PYTH. Use the PYTH/USDT or PYTH/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. PYTH lives mainly on Solana; choose the network your wallet expects.

Where to buy Pyth Network at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on PYTH the venues disagree by about 0.15 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the Pyth Network price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.15 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about 15 minutes out of every thousand, and reached about 3.3 percent at its widest.

About three fifths of the PYTH spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the Pyth Network price

The wider crypto market, and in PYTH’s case its own news too. In our hourly composite, PYTH moved with Bitcoin at a correlation of about 0.54, where 1 would mean identical moves, and its moves were about three times the size of Bitcoin’s.

PYTH-specific drivers come on top: adoption by protocols, token unlocks and leverage. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of Pyth Network

Pros

• Real usage: protocols on many chains read its price feeds.
• Data from first-party publishers.

Cons

• Its hourly moves were about three times Bitcoin’s in our data.
• Large token unlocks add supply over time.
• Its price gap between exchanges reached about 3.3 percent at its widest.

Pyth Network’s highest price

Pyth Network’s all-time high is about $1.20 on volume-weighted data. The chart above shows the last 30 days of our composite, and the PYTH to USD converter applies the live price to any amount.