Pyth Network has launched Pyth Indices, a new suite of pricing products designed to bring round-the-clock market data for U.S. stocks and major commodities into the crypto ecosystem.
The release introduces continuous pricing for assets that traditionally trade only during market hours, allowing crypto platforms to support 24/7 trading products tied to equities, precious metals, and oil. The move reflects growing demand for always-on financial markets as tokenized assets and perpetual futures continue to gain traction.
New indices target nonstop trading
The initial rollout covers major U.S. stocks, including Nvidia, Tesla, Apple, Circle, and Strategy, as well as commodities such as gold, silver, West Texas Intermediate (WTI) crude, and Brent crude.
According to Pyth, the indices combine data from both onchain and offchain markets to generate continuous reference prices, even when traditional exchanges are closed. The company said the products can be used for perpetual futures, prediction markets, tokenized assets, derivatives settlement, and exchange-traded product benchmarking.
Pyth also noted that the launch builds on its earlier efforts to provide extended-hours pricing through its partnership with Blue Ocean ATS.
Competition grows in the 24/7 market data
The launch comes as blockchain oracle providers race to supply nonstop pricing infrastructure for digital asset markets.
Earlier this year, rival oracle providers expanded their own offerings with continuous feeds covering assets such as gold, silver, WTI crude, Brent crude, and selected U.S. equities. Chainlink also introduced extended-hours data streams for U.S. stocks and exchange-traded funds, covering regular and after-hours trading sessions.
The broader shift has accelerated alongside the rise of platforms offering around-the-clock access to traditional financial assets through crypto-native products. Backpack recently launched the public beta of Backpack Securities, allowing users to trade U.S. stocks and ETFs alongside cryptocurrencies from a single account.
Coinbase and Kraken are among early adopters
Pyth said exchanges and trading platforms, including Coinbase, Kraken, dYdX, and Nado, are already integrating the new indices into their products.
The company has also partnered with MarketVector to develop thematic equity index futures focused on sectors such as artificial intelligence, technology, defence, and China-related markets.
Looking ahead, Pyth plans to expand into thematic baskets and custom indices while continuing to build its role as a blockchain-based market data provider. The company currently aggregates pricing information from more than 135 institutions across crypto, equities, commodities, and other asset classes.
The launch comes as tokenized real-world assets continue to grow rapidly, with tokenized stocks and commodities emerging as two of the fastest-expanding segments of the digital asset market, increasing demand for reliable 24/7 pricing infrastructure.
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