6 Major Financial Institutions Join Pyth Network: Euronext, Fidelity, Tradeweb Go On-Chain
Euronext, EDI, Fidelity, OTC Markets, SGX FX, and Tradeweb join Pyth Network to distribute institutional data on-chain. TradFi meets DeFi price feeds.
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Launch Free Terminal →Six of the world's largest financial data providers have joined Pyth Network to distribute proprietary institutional data on-chain through the new Pyth Data Marketplace. The participants include Euronext (Europe's largest exchange group), EDI, Fidelity, OTC Markets Group, SGX FX (Singapore Exchange), and Tradeweb.
The data categories now available on-chain include spot FX, precious metals, crude swaps, OTC pricing, fixed income, corporate actions, and reference data. This represents the most significant institutional data migration to blockchain infrastructure to date.
For crypto traders, this matters because better price feeds mean more accurate derivatives pricing, tighter spreads on tokenized assets, and more reliable liquidation thresholds. Hyperliquid's HIP-3 tokenized markets (S&P 500, oil, gold, NVDA) already rely on off-chain price feeds, and institutional-grade oracles reduce the risk of oracle manipulation and flash crashes.
The Pyth Data Marketplace creates a new paradigm where traditional financial institutions monetize their data on-chain rather than exclusively through Bloomberg and Refinitiv terminals. This lowers the barrier for DeFi protocols to access institutional-quality data.
On Buildix, we track all 149 HIP-3 markets that consume these price feeds. The orderflow data on tokenized traditional assets has been increasingly active as institutional participants gain confidence in the oracle infrastructure supporting these markets.
Monitor HIP-3 market orderflow at buildix.trade/screener.