Current PYTH Price Overview
The Pyth Network (PYTH) token is currently priced at $0.1023**, showing a **1.73% increase** over the past 24 hours. With a market capitalization of **$585.92 million, PYTH holds approximately 0.02% of the total cryptocurrency market share. The 24-hour trading volume reaches $24.87 million, reflecting active market participation.
PYTH Market Performance Analysis
Comparative Price Trends
PYTH demonstrates mixed performance across different trading pairs and timeframes:
| Timeframe | PYTH/USD | PYTH/BTC | PYTH/ETH | PYTH/DeFi | PYTH/Oracle |
|---|---|---|---|---|---|
| 1 Hour | -0.39% | -0.13% | +0.06% | +0.43% | +0.22% |
| 24 Hours | +1.12% | +0.38% | +1.31% | +1.60% | +1.23% |
| 7 Days | +6.91% | +6.76% | +6.21% | +8.37% | +7.68% |
| 1 Month | -14.06% | -16.49% | -12.38% | -13.67% | -10.21% |
| 3 Months | -28.29% | -43.23% | -45.21% | -41.26% | -27.79% |
| 1 Year | -69.02% | -81.85% | -56.14% | -62.68% | -63.61% |
👉 Track real-time PYTH price movements
Major Trading Platforms for PYTH
| Exchange | Trading Pair | Current Price | 24h Volume | Market Share | Last Update |
|---|---|---|---|---|---|
| Binance Futures | PYTHUSDT (50x) | $0.10 | $20.67M | 26.693% | Recent |
| Bybit Futures | PYTHUSDT (50x) | $0.10 | $6.12M | 7.901% | Recent |
| Gate.io | PYTH/USDT | $0.1022 | $6.06M | 7.831% | Recent |
| MEXC Futures | PYTH_USDT (125x) | $0.10 | $5.00M | 6.456% | Recent |
| OKX Futures | PYTH-USDT-SWAP (50x) | $0.10 | $4.96M | 6.402% | Recent |
Understanding Pyth Network
Pyth Network operates as a decentralized oracle solution that delivers real-world market data to blockchain applications. The protocol aggregates price feeds from multiple institutional sources to provide high-fidelity financial data on-chain.
👉 Explore DeFi applications using Pyth data
Key PYTH Metrics
- Circulating Supply: 5.75 billion PYTH
- Total Trading Volume (24h): $24.87 million
- Market Dominance: 0.02% of total crypto market
- Price Volatility: Medium (7-day change +6.91%)
Frequently Asked Questions
What factors influence PYTH's price?
PYTH's value fluctuates based on:
- Adoption of Pyth Network's oracle services
- Overall cryptocurrency market trends
- Trading volume and liquidity across exchanges
- Developments in the DeFi ecosystem
How does Pyth Network compare to other oracles?
Unlike competitors, Pyth specializes in:
- High-frequency price updates (multiple times per second)
- Institutional-grade data sources
- Cross-chain compatibility
Where can I securely trade PYTH tokens?
Major platforms include:
- Binance (largest liquidity pool)
- OKX (competitive fee structure)
- Gate.io (established altcoin exchange)
- Always verify official URLs before trading
What's PYTH's long-term price potential?
While past performance shows decline (-69% YoY), future value depends on:
- Expansion of Pyth's data providers
- Integration with new blockchain projects
- Growth of the DeFi sector overall
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