Pyth Network today announced the launch of Pyth Pro, a next-generation subscription service designed to deliver institutional-grade market data across cryptocurrencies, equities, fixed income, commodities, and Forex.
Developed in collaboration with Douro Labs, Pyth Pro marks the next phase of Pyth Network’s journey to reinvent the market data supply chain through a new subscription-based product. Major institutions, including Jump Trading Group and several large banks, are participating in the Pyth Pro early access program.
The launch marks Pyth’s entry into the $50 billion institutional market data industry, introducing an alternative to traditional providers often plagued by fragmented coverage, opaque pricing, and complex integration challenges. Built by and for the firms that set global prices, Pyth Pro has been structured to resolve these inefficiencies directly, delivering a single, reliable service for institutions and other market participants worldwide.
Key features of Pyth Pro include:
- Source-Driven Data: Prices are contributed directly from leading trading firms, exchanges, and banks, ensuring institutions are closer to true price discovery. Transparent aggregation with confidence intervals enhances reliability.
- Global Coverage: A single subscription provides cross-asset, cross-venue, and cross-regional data, eliminating silos, blind spots, and the need for multiple vendor relationships.
- Transparent Pricing: Clear subscription tiers replace opaque contracts, hidden fees, and bundling, creating predictability for institutions of all sizes.
- Streamlined Access: Data delivery is available in familiar formats through both onchain and offchain channels, simplifying integration with trading, risk management, and compliance systems.
“Pyth Pro sets a new standard for how institutions access market data, creating a single source of truth across asset classes, venues, and geographies,” said Mike Cahill, CEO of Douro Labs. “This launch represents a significant step forward in reshaping the market data economy, closing the gap to true price discovery with broad coverage, transparent economics, and a service designed to become the most comprehensive financial data layer in the world.”
“We’re proud to be long-term supporters of Pyth, which has developed one of the most comprehensive and valuable sources of market data ever created,” said Jump Trading Group. “Pyth Pro makes that data accessible to more consumers, including traditional financial firms, and brings competition to the market data economy by providing the purest form of data directly from the source.”
Pyth Pro builds on the Pyth Network’s foundation of more than 2,000 price feeds spanning multiple assets, venues, and geographies. The service delivers broad coverage across cryptocurrencies, equities, fixed income, commodities, and foreign exchange, and is already supported by over 125 leading institutions. Designed for long-term scalability, Pyth Pro can seamlessly incorporate new publishers and asset classes as market needs evolve. A transparent subscription model provides institutions with predictable, tiered pricing that scales efficiently with usage and demand.
