Pyth Network currently has $1.5 billion in total value assured (TVS) across 120 protocols, making it the fourth-largest price oracle. Competitor Chainlink (LINK), by comparison, has $14.7 billion in TVS, according to DeFiLlama. Pyth collects first-party price data from exchanges and institutional traders before sending that data to smart contracts.
Pyth Token (PYTH) Debuts at $500M Valuation as 90,000 Wallets Receive Airdrop
