27 May 2025
Pyth Price Feeds Launch on Hedera
We’re excited to reveal that the Pyth Price Feeds are now available on Hedera, an open source, public network governed by leading organizations around the world.
This partnership with the HBAR Foundation will make the 400+ Pyth Price Feeds available— permissionlessly—to all developers building the future of finance on Hedera.
“Public Oracle price feeds are a critical component for growth as lending is often seen as the crux of economic behavior,” said HBAR Foundation Director of Business Development Grace Pfluger. “This infrastructure is a huge milestone to spur development of innovative financial instruments on Hedera and we are ecstatic to partner with Pyth not only for the incredible tech, but our alignment of a long-term strategic vision.”
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Putting Pyth Price Feeds on Hedera
The deployment of the Price Feeds and Pyth Benchmarks marks a pivotal moment for Hedera DeFi ecosystem. Pyth Network offers an expansive suite of over 400 real-time price feeds across digital assets, foreign exchange pairs, commodities, equities, and ETFs. Developers on Hedera can permissionlessly access any of these data feeds to power their smart contract applications and build out the next generation of blockchain-enhanced financial services.
Pyth Price Feeds offer an innovative low-latency pull oracle design. This architecture enables Hedera users and developers to benefit from continual access to the latest price updates. Lowlatency and high-resolution price data are critical for accurate trades and settlement. Pyth Price Feeds also offer a confidence interval measure to indicate volatility and divergences across different markets. This supplementary real-time data can better inform lending and derivative protocols about unusual market events to keep users and funds safe.
And as a matter of fact we’re happy to announce that HLiquity is the first application on Hedera to be powered by Pyth. HLiquity is a decentralized borrowing protocol that allows you to draw interest-free loans against $HBAR. Loans are paid out in $HCHF (a CHF-pegged stable on-chain currency) and must maintain a minimum collateral ratio of 110%. Thanks to the Pyth Price Feeds, HLiquity can at all times know the current price of $HBAR and $CHF and ensure that all users’ vaults and the general protocol remain overcollateralized
“The partnership with Pyth Price Feeds enhances HLiquity on Hedera, offering real-time, reliable data for secure and efficient decentralized borrowing,” said Reto Habegger, COO at Swisscoast. “This collaboration is a leap forward in our mission to deliver transparent and accessible financial services.”
Hedera
Hedera is an open source, leaderless proof-of-stake network. Hedera’s robust ecosystem is built by a global community, on a network governed by a diverse council of industry-leading organizations, including abrdn, AP+, Avery Dennison, Boeing, Chainlink Labs, COFRA Holdings, DBS Bank, Dell, Dentons, Deutsche Telekom, DLA Piper, EDF (Électricité de France), Google, Hitachi America, IBM, the Indian Institute of Technology (IIT), LG Electronics, The London School of Economics (LSE), Magalu, Mondelēz International, Nomura Holdings, ServiceNow, Shinhan Bank, Standard Bank Group, Swirlds, Tata Communications, Ubisoft, University College London (UCL), Wipro, WorldPay, and Zain Group.
To learn more about Hedera, please visit their website.
Pyth
The Pyth Network is a first-party financial oracle network designed to provide low-latency realworld data to multiple blockchains securely and transparently.
Pyth incentivizes some of the world’s largest institutional market participants — exchanges, market makers, and financial services providers — to share their data to the network. Pyth aggregates this data on-chain for smart contract applications to use. These applications can pull Pyth prices on-chain when needed.
In less than a year, the network secured more than $2.0B in total value. Pyth currently supports 400+ real-time price feeds across crypto, equities, ETF’s, FX pairs, and commodities, and has facilitated more than $100B in total trading volume across over 50 blockchain ecosystems.
For more information about Pyth, please visit the website or documentation.
What’s Next?
We invite readers and developers to explore the resources below to get started with Pyth Data. If you have any questions, please reach out.
You can find the full catalog of Pyth Price Feeds available on our website and discover which price feeds are in the pipeline. If you would like to request a new price feed, please let us know in our Discord.
Resources
• Pythnet
We can’t wait to hear what you think! You can join the Pyth Discord and Telegram , and follow us on X and LinkedIn.
