Pyth Oracles
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Nekodex (Playground)
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Initially, Perp v3 uses the to provide price feed services in various places across the platform. Pronounced '', the Pyth Network is a cutting edge onchain data service offering real-time prices via pull oracles.
Earlier generation onchain oracles were 'push' oracles: each price update was pushed onchain based on triggers like a price change threshold. The next generation is moving to 'pull' oracles where dApps request prices at the time they are needed, increasing efficiency and freshness.
The efficiency of pull oracles makes it much easier to scale and provide a large number of feeds. Pyth currently offers approximately 500 feeds to a large number of blockchains—a feat that seemed impossible in the push oracle paradigm.
With over 500 feeds and counting, the range of assets Perp v3 can list is truly incredible. If you have an asset you feel would benefit Perp v3 users and has yet to be listed, please Contact us!
Perp v3 uses feeds from pythnet. Find them below.
