Pyth Network (Pyth Core / Lazer) by Pyth Data Association / Douro Labs: status and timeline

Pyth Network (Pyth Core / Lazer)

Pyth delivers real-time market data from trading firms to on-chain protocols. Provides crypto, equity, FX, and commodity prices to 300+ apps across 100+ blockchains with institutional-grade latency.

DeployStage 4 of 5

Live on 100+ chains; 300+ protocols; transitioned to Lazer in 2026; Nasdaq partnership live.

Updated 19d agoChecked 10 Oct0 updates this week

Milestones

Next · Pythnet sunset; network transition to Lazer, Pro, and Data Marketplace

Pyth Network launch2021Complete.
Pythnet mainnet deployment2022Complete.
Cross-chain expansion to 100+ blockchains2024Complete.
Nasdaq integration: TotalView and BasicSep 2026Complete.
Pythnet sunset; network transition to Lazer, Pro, and Data MarketplaceTarget Q4 2026Current milestone.

Most important updates

Upcoming

Q4 2026Pythnet sunset; network transition to Lazer, Pro, and Data Marketplace (next)

Current obstacles

Institutional on-chain adoptionRegulatory uncertainty and legacy system integration complexity slow institutional adoption beyond DeFi.

Physics limits

Blockchain finality limits freshnessOn-chain prices update with block production and finality. Faster than traditional oracles but slower than off-chain data.

How it works

3 parts

Data Collection

Direct market maker feeds

Data from trading firms and exchanges directly, not secondary sources. Publishers like Jane Street provide their own internal prices.

Aggregation

Weighted aggregation of prices

Multiple publishers' prices combined with weighted aggregation for robust feeds. Outliers and low-quality downweighted.

Broadcast

Publish to 100+ blockchains

Aggregated prices published to 100+ blockchains in real time, available to any consumer protocol.

Spec sheet

Spec	Pyth Network (Pyth Core / Lazer)
Blockchains supported	100+^R (reported)
Data publishers	138+^R (reported)
Consumer protocols	300+^R (reported)
ARR (August 2026)	$10.4 million^R (reported)
Total value secured	$3.08 billion^R (reported)

^R reported by the company

Update log

4 updates

About Pyth Data Association / Douro Labs

The team behind Pyth Network (Pyth Core / Lazer)

Pyth Data Association / Douro Labs

Oracle network, real-time market data, crypto FX equities

Pyth brings real-time market data from trading firms to blockchains. The Pyth Data Association governs it; Douro Labs (founded 2023 by Jump Crypto engineers) develops infrastructure. Serves 300+ protocols across 100+ blockchains with 138+ publishers including Nasdaq.

Aggregates real-time data from 138+ publishers including Jane Street and Jump; serves 300+ protocols on 100+ chains.
Nasdaq selected Pyth (September 2026) for TotalView and Basic; first chain-based Nasdaq data distributor.
Hit $10.4M ARR in August 2026, up 39% month-over-month; institutional adoption accelerating.

Company profile →

Founded: 20233 yrs
Headquarters: Switzerland
Status: Private
Valuation: private
Works in: CryptoOracles & bridges
Coverage: 1 program · 4 updateslatest 19d agochecked 10 Oct
Partners: Jump Crypto (opens builtinnyc.com)Jane Street (opens janestreet.com)Nasdaq (opens nasdaq.com)
People: Mike Cahill (opens builtinnyc.com)Co-founder, Douro LabsJayant Krishnamurthy (opens builtinnyc.com)Co-founder, Douro LabsCiaran Cronin (opens builtinnyc.com)Co-founder, Douro Labs

Spec

Pyth Network (Pyth Core / Lazer)

Blockchains supported

100+^R (reported)

Data publishers

138+^R (reported)

Consumer protocols

300+^R (reported)

ARR (August 2026)

$10.4 million^R (reported)

Total value secured

$3.08 billion^R (reported)

Pyth Network (Pyth Core / Lazer)

Milestones

Most important updates

Upcoming

Current obstacles

Physics limits

How it works

Direct market maker feeds

Weighted aggregation of prices

Publish to 100+ blockchains

Spec sheet

Update log

Tue 22 Sep

Aug 2026

Tue 30 Jun

2023

About Pyth Data Association / Douro Labs

Current obstacles

Physics limits

How it works

Direct market maker feeds

Weighted aggregation of prices

Publish to 100+ blockchains

Spec sheet

Update log

Tue 22 Sep

Aug 2026

Tue 30 Jun

2023

About Pyth Data Association / Douro Labs