The Pyth Network announced via X on Friday that AlgoLI has become a data provider for its blockchain. AlgoLI will contribute data for cryptocurrencies and equities to support Pyth’s mission of delivering reliable, secure, real-time asset prices to Web3 developers everywhere.
AlgoLI specializes in proprietary algorithmic trading, data feed services, node operation, and market making. The company provides real-time market data and liquidity solutions across various digital asset markets.
Pyth Network is an innovative decentralized oracle that sources financial market data from over 90 first-party publishers, including major exchanges and market-making firms worldwide. PYTH is down by less than 1% in the last 24 hours and is trading at $0.3626 per coin.