Pythnet

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Category: L1

Description

Pythnet is an application-specific blockchain built on Solana codebase that aggregates first-party price data at sub-second speeds for the Pyth oracle network. The blockchain processes price updates from data publishers and delivers aggregated pricing to other blockchains via Wormhole cross-chain messaging protocol. Pythnet enables price feed scaling to tens of thousands of updates per second with 400ms slot times.