Pyth Network Launches Continuous Price Indices for US Stocks and Commodities

PYTH1.31%
According to ChainCatcher, Pyth Network launched continuous price indices for US stocks and commodities to support around-the-clock trading products in crypto markets. Initial assets include Nvidia, Tesla, Apple and major commodities such as gold, silver, WTI crude oil and Brent crude oil. Coinbase, Kraken, dYdX and Nado have integrated the indices to build new trading markets. The price system provides reference rates for perpetual contracts, tokenized assets, prediction markets and derivatives settlement even during traditional market closures.
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