Pyth Network Launches 24/7 Pricing Indexes for US Stocks and Commodities

Pyth Network has introduced a new set of continuous pricing indexes for major US stocks and commodities, aiming to support the growing demand for around-the-clock trading in digital asset markets.

New Pricing Indexes Power 24/7 Trading

The new indexes are already being adopted by leading crypto trading platforms, including Coinbase, Kraken, dYdX and Nado. The service provides continuous reference prices for assets even when traditional stock exchanges and commodity markets are closed.

Pyth said the indexes are designed for a wide range of products, including perpetual futures, tokenized assets, prediction markets, derivatives settlement and exchange-traded product benchmarking.

The initial group of supported assets includes major US companies such as Nvidia, Tesla, Apple, Circle and Strategy. Commodity coverage includes gold, silver, West Texas Intermediate (WTI) crude oil and Brent crude.

Partnership Expands Market Coverage

To broaden its offerings, Pyth has partnered with MarketVector, an index provider owned by VanEck. Together, the companies are developing thematic equity index futures linked to sectors such as artificial intelligence, defense, technology and China-focused markets.

The launch comes as tokenized real-world assets continue to gain popularity across the financial industry. Trading platforms offering tokenized stocks, commodities and perpetual futures require reliable pricing data at all hours, creating demand for continuous market indexes.

This need becomes especially important when assets such as Nvidia shares or Brent crude are traded outside the operating hours of traditional exchanges.

Tokenized Stocks Lead Market Growth

Recent industry data shows strong momentum in the tokenized asset sector. Tokenized stocks recorded 422% year-over-year growth, making them the fastest-growing segment of the real-world asset market. Tokenized precious metals also expanded significantly, growing 39% over the same period.

As interest in blockchain-based financial products rises, continuous pricing infrastructure is becoming an essential component for supporting global, 24/7 access to tokenized stocks and commodities.