Pyth Network, a provider of institutional market data, has launched Pyth Pro, a subscription service aimed at delivering cross-asset, institutional-grade pricing across cryptocurrencies, equities, fixed income, commodities, and foreign exchange.
Developed with Douro Labs, Pyth Pro is designed to simplify access to global market data for institutions while introducing a transparent, subscription-based model.
The platform allows institutions to access source-driven prices contributed directly from trading firms, exchanges, and banks, offering what Pyth calls a “single source of truth” for price discovery. Pyth Pro also provides cross-regional and cross-venue coverage, eliminating reliance on multiple data vendors.
Major participants in the early access program include Jump Trading Group and several large banks. The launch positions Pyth Pro as an alternative to traditional market data providers, addressing fragmented coverage, opaque pricing, and integration challenges.
The service builds on Pyth Network’s existing 2,000 price feeds, supported by over 125 institutions, and is designed to scale with additional publishers and asset classes over time. The subscription model offers tiered pricing, giving firms predictable costs as their usage grows.
