PYTH Airdrop Shines Spotlight on Pyth Network, Blockchain Oracle to Rival Chainlink

Pyth, by contrast, sources data directly from first-party financial institutions – both traditional and crypto-centric – like Jane Street and Binance. While this institution-driven system carries whiffs of “centralization” – anathema to the disintermediating world of crypto – it brings drastic speed improvements, several orders of magnitude faster than competing services, supposedly in the name of serving the demands of modern finance.