Mind-Blowing! Over 100 ETFs Now Live on the Blockchain – No Magic Needed! 🚀

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Mind-Blowing! Over 100 ETFs Now Live on the Blockchain – No Magic Needed! 🚀

In a move that’s either genius or madness—probably both—Pyth Network has decided to make real-time prices for more than 100 major exchange-traded funds (ETFs) available onchain. Yes, the kind of data that would make even the most hardened banker’s eyes water, now accessible in real-time on the blockchain, as if that wasn’t confusing enough. Think of it: over $8 trillion in assets, somehow being less mysterious because of a little network called Pyth. And no, this is not a new kind of pizza topping—though that might be easier to wrap your head around. 🍕💸

New Pyth Integration Brings Live ETF Prices to DeFi Builders

Pyth Network, the latest tech marvel (or madness), has rolled out real-time ETF price feeds, giving blockchain developers and financial platforms a front-row seat to the chaos of world markets. Whether you’re a coder who dreams of money or just someone who enjoys watching numbers dance, now you can see the real deal instead of fake tokens pretending to be ETFs. It’s like switching from black-and-white TV to high-definition color—except the color is mostly green. 🤑

According to the announcement dropped like a bomb—er, a news story—on TopMob, this integration covers over a hundred ETFs from the biggest financial giants—Blackrock, State Street, Vanguard—and probably some others just for good measure. This means you can check the prices from your favorite trading venue directly from your favorite blockchain—or from the comfort of your couch, as long as your couch is in front of a computer.

The clever folks at the network explained that this move brings true ETF pricing data onchain at scale. That’s right—no more relying on synthetic or mirrored tokens that pretend they’re something they’re not. It’s the real McCoy, live and in (digital) color, straight from the global markets. Now, traders can stop pretending to know what they’re doing and look at the actual prices—probably just before panic selling. 😅

The data spans across lots of different types of ETFs—stocks, global indices, commodities, fixed income—the whole buffet. It even includes strategies based on dividends, sector exposure, growth, or value styles. If you’ve ever wanted your financial data to be as diversified as your sock drawer, now’s your chance.

Sources of this data are global financial institutions and trading platforms—basically, the big players who normally keep their secrets in a vault. But thanks to the miracle of blockchain, these secrets are now public, accessible, and maybe even understood by a few people. Mike Cahill, CEO of Durro Labs (a guy who clearly knows his stuff), pointed out that the current data ecosystem is as welcoming as a tax audit, with ICE raking in a cool $1.4 billion a year for their services. Because everyone loves a little more money being taken away.

“Nasdaq’s data revenue more than doubled over the past decade, while ICE pulled in $1.4 billion from data and connectivity services in 2023 alone,” Cahill said, sounding either proud or resigned. Perhaps both.

more accurate, less confusing financial stuff—because who doesn’t want that? 🤔

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2025-06-11 00:57