Pyth Network Launches 24/7 Pricing Index for Stocks and Commodities

Blockchain oracle and market data provider Pyth Network has introduced a new suite of pricing indexes covering major US equities and commodities, aiming to support the growing demand for 24/7 trading products across cryptocurrency markets.

The company announced on Wednesday that several platforms, including Coinbase, Kraken, dYdX and Nado, have already integrated the indexes to power new trading offerings. According to Pyth, the indexes are built to support perpetual futures, tokenized assets, prediction markets, derivatives settlement and exchange-traded product benchmarking. They are designed to provide uninterrupted pricing data, even when traditional financial markets are not operating.

The first batch of indexes includes leading US companies such as Nvidia, Tesla, Apple, Circle and Strategy, alongside commodities including gold, silver, West Texas Intermediate (WTI) crude oil and Brent crude.

Partnership expands thematic trading opportunities

To broaden its market coverage, Pyth has partnered with MarketVector, an index provider owned by VanEck, to create thematic equity index futures. These new products focus on key investment themes and sectors, including artificial intelligence, defense, technology and China-related markets.

The launch represents another step in Pyth’s expansion into institutional-grade market data services. Earlier this year, the company introduced a platform enabling financial institutions to distribute and monetize market data across blockchain ecosystems.

Continuous pricing supports growing tokenized asset market

The new indexes reflect a wider industry shift toward round-the-clock trading of real-world assets on blockchain networks. Products such as tokenized stocks, commodity-backed assets and perpetual futures require reliable pricing data at all times, including periods when traditional exchanges in cities like New York and London are closed.

This creates a growing need for continuous pricing infrastructure, particularly for assets tied to markets that operate within fixed trading hours, such as Nvidia shares or Brent crude oil.

The development comes as the tokenized real-world asset (RWA) sector continues to expand rapidly. According to Binance Research, tokenized stocks grew by 422% year over year, making them the fastest-growing segment of the RWA market. Tokenized precious metals also recorded strong growth, with the sector increasing by 39% over the same period, with much of that expansion occurring earlier in the year.

Sources:

https://cointelegraph.com/news/pyth-24-7-pricing-indices-tokenized-stocks-commodities

https://app.rwa.xyz/