Pyth Network

Pyth Network is a high-fidelity, low-latency oracle that delivers real-world market data to smart contracts on over 50 blockchains including Hyperliquid. Hyperliquid integrates Pyth's price feeds to power its perpetual and spot markets, ensuring reliable mark prices and funding rates. Pyth uses a pull-model where publishers—including major trading firms like Jump Trading and Jane Street—push prices on-chain only when consumed, dramatically reducing costs.

Oracle infrastructure provides the price feeds and off-chain data that Hyperliquid DeFi protocols depend on for accurate valuations, liquidations, and settlements. Pyth Network is part of this foundational category — without reliable oracles, lending protocols cannot safely liquidate positions, and yield vaults cannot accurately value their holdings. On Hyperliquid, oracle integration benefits from the L1's high throughput and low latency.