Gemini Partners with Pyth Network to Provide Trusted Crypto Market Price Data On-Chain

Today, we are pleased to announce Gemini’s upcoming partnership with the Pyth network to bring accurate and trusted on-chain market data to users across the globe.

As a data publisher to , we are delighted to continue contributing to the growth of the DeFi ecosystem by providing our real-time price information to protocols and projects on-chain, courtesy of — a Gemini web3 research & design studio — which automated the extraction of the pricing data. At Gemini, we provide customers with accurate, real-time data on , and we are delighted to integrate with Pyth to expand access to critical market data.

The Pyth network is a specialized oracle solution for latency-sensitive financial data that is typically kept within the “walled gardens’’ of centralized institutions. It operates one of the largest and most reliable oracle networks, deriving price data from more than 65 leading institutions, both in crypto and traditional finance.

Our forthcoming partnership with the Pyth network to bring valuable financial market data to DeFi applications and the general public directly aligns with our mission to unlock the next era of financial, creative, and personal freedom.

Stephen Kaminsky from Special Projects at Jump Crypto, one of the leading organizations helping to build the oracle, stated, “Gemini is a well-respected and top incumbent player in the crypto space. Their leadership amongst the institutional community, in particular, makes them strong partners for the Pyth network, which is bringing together the top global trading firms, exchanges, and other institutions into the crypto and web3 ecosystem. The data, and experience, they bring will be invaluable for the Pyth community.”

Onward and Upward!

Marshall Beard
Chief Strategy Officer