Pyth Network
About Pyth Network
Pyth Network is a service that delivers real-time, high-fidelity market data for various markets, including digital asset markets, to multiple blockchains. The network gathers and amalgamates data from over 90 first-party publishers, many of whom are key market participants and market makers. It then avails this data for DeFi applications. Pyth Network's data coverage spans numerous assets, encompassing cryptocurrencies, equities, and commodities.
In the last hour, Pyth Network's price has seen a change of -0.50%, and over the past 24 hours, its price has moved by +3.29%. Over the previous week, Pyth Network's price has moved by +21.46%. The current price of Pyth Network is SAR 0.2490, accompanied by a trading volume of 237.1M in the last day. Pyth Network's price is currently 94.23% below its all-time high of SAR 4.3190, which remains the highest price Pyth Network has achieved since its launch. The circulating supply of Pyth Network stands at 7.875B, translating to a total market capitalization of 1.961B.
Market stats
Frequently asked questions
How to invest in Pyth Network?
Rain offers you a number of ways to start investing in Pyth Network, including buying Pyth Network through bank transfers or by using your bank card. To purchase Pyth Network on Rain, you can select Pyth Network in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.
How to buy Pyth Network with card?
Once you add your bank card to your Rain account, you can use it to buy Pyth Network directly. You can start by adding your card to your payment options on your Rain account. To purchase Pyth Network using your bank card, you can select Pyth Network, click Trade then select Buy. Enter the amount you wish to buy and choose your card from the payment options. Click Next to review and complete your purchase by following the instructions on the screen.
note: The purchase option with debit or credit card is not available for our users in Turkey
How to buy Pyth Network through bank deposit?
Rain enables you to buy Pyth Network using your local currency. You can deposit funds through bank transfer, a process which takes 1-4 business days depending on your location. You can start by depositing funds to your Rain account from your bank account. Simply click on Deposit and enter the amount you would like to transfer. Click next and copy the instructions that will appear on your screen to complete the transfer from your bank account. Note that Rain does not automatically pull funds from your bank account and you will need to manually transfer the funds from your bank account to Rain's banking information.
Within 1-4 business days, the funds will be available in your Rain account and you will be able to use them to complete purchasing Pyth Network. To do that, you can select Pyth Network in your Rain account, click Trade and select Buy. Enter the amount you wish to buy with and click Next to review and confirm your purchase.
How to sell Pyth Network?
This is an easy process that requires only a few clicks. Here are the steps needed to sell Pyth Network successfully:
On your Rain account, select Pyth Network then click Trade and select Sell. Enter the amount you wish to sell and click Next to review and confirm your sell transaction by entering an OTP. You will receive a confirmation email once the transaction is done with the details.
How to convert Pyth Network into cash?
Rain gives you the opportunity to sell Pyth Network and withdraw your funds from your Rain account to your local bank account. First, you need to add your personal bank account to your Payment Methods option on your Profile.
Once your bank account is added, you can sell Pyth Network and withdraw the funds to your bank account by clicking on Withdraw and entering the amount you wish to withdraw. Click Next to review and confirm your withdrawal information by entering an OTP.
Once the withdrawal request is submitted, you will receive a confirmation email that the withdrawal is being processed. Processing your withdrawal request can take between 1-4 business days.
How to receive Pyth Network?
If you would like to receive Pyth Network in your Rain account, simply click on Receive and select Pyth Network from the list at the top of the page. You can then either copy the address visible at the botom of the screen or share the QR code to to complete your receive transaction.
Make sure that you are using the correct network when receiving Pyth Network to avoid possible loss of funds.
How to send Pyth Network?
You can easily send your Pyth Network from your Rain account to any external wallet by clicking on Send and selecting Pyth Network from the list at the top of the page. Enter the amount you wish to send and add the external wallet address you are sending to. Click Next to review and confirm your send transaction by entering an OTP.
Why buy Pyth Network with Rain?
When you buy Pyth Network with Rain, you ensure that your assets are going to be safely stored on a regulated platform that follows strict compliance standards and is subject to periodic audits. Rain also uses bank-grade security measures like Cold Storage systems. Trading and storing Pyth Network on Rain also means that your asset is going to be stored on 1:1 basis, which means your assets will always be available to you.
What is a Pyth Network wallet?
A Pyth Network wallet is where you can securely store Pyth Network. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a Pyth Network address?
A Pyth Network address is a string of unique characters that is tied to your Pyth Network wallet. The address functions just like a bank account number and it is what you use in order to send Pyth Network from your wallet, or to receive Pyth Network to your wallet.
What trading pairs available for Pyth Network?
There are over 200 currency pairs available on Rain for you to trade with. You can trade Pyth Network with Bahraini dinar, Kuwaiti dinar, Emirati dirham, Omani rial or US dollar, depending on your location. Additionally, you can swap Pyth Network with 200 other assets like BTC, LTC, XRP, ETH. You can explore your options by visiting the market page on your Rain account: https://www.rain.com/market
What is the minimum order size to buy Pyth Network?
You can trade Pyth Network with any amount above $30 or equivalent in your account's currency. You can start trading Pyth Network now by clicking the Trade button on your Rain account.
What are the most popular cryptocurrencies besides Pyth Network?
Besides Pyth Network, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What blockchain is Pyth Network built on?
Pyth Network is built on the SOL blockchain. This determines how transactions are verified, fees are structured, and how compatible it is with wallets and other decentralized applications (dApps).
How do I keep my Pyth Network safe?
To keep your Pyth Network safe, make sure to use trusted wallets that support SOL. Enable two-factor authentication (2FA), store long-term assets in cold wallets, and never share your private keys with anyone. You can always refer to our Security & Policies section for more tips.
What will the price of Pyth Network be in next 5 years?
Price predictions for Pyth Network over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading Pyth Network taxable?
Trading Pyth Network may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is Pyth Network's ATH?
Pyth Network’s all-time high (ATH) was SAR 4.3190 on 16 Mar 2024. This represents the highest recorded market price of the asset to date.
What is the market cap of Pyth Network?
With a market capitalization of 1.961B, Pyth Network is ranked 84 among other crypto assets.
What is the all-time high of Pyth Network?
The highest valuation of Pyth Network since its launch was at SAR 4.3190, marking its all-time high.
What is the 24-hour trading volume of Pyth Network?
The trading activity of Pyth Network over the last 24 hours was at 237.1M, highlighting its liquidity in the market.
How many Pyth Network are there in circulation?
There are approximately 7.875B units of Pyth Network currently in circulation, affecting its market dynamics.
What is the relative popularity of Pyth Network?
Pyth Network market cap is around 1.961B.
When was Pyth Network created?
Pyth Network was introduced on 07 Apr 2021.
Website
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