Pyth Network Unlocks $3.7T Hong Kong Stock Market Onchain

Planck

- Pyth Network launches live price feeds for 85 major Hong Kong stocks.
- The development removes data barriers, providing global users with real-time stock data across more than 100 blockchain ecosystems.
On July 29, 2025, Cointelegraph reported that the decentralized oracle network Pyth Network achieved a landmark breakthrough by launching live, on-chain price feeds for 85 of Hong Kong's most valuable stocks. This groundbreaking initiative addresses long-standing access and cost barriers, enabling builders and traders worldwide to instantly access data from Asia’s pivotal financial markets.
Historically, steep costs for proprietary terminals, regional licensing limitations, and slow delivery times restricted access to live Hong Kong equity market data. Pyth Network’s integration disrupts these limitations, as the network provides real-time data sourced directly from institutional-grade venues, updating it every 400 milliseconds and distributing it seamlessly across more than 100 blockchain networks. The feeds cover stocks with a combined market capitalization exceeding 28.8 trillion Hong Kong dollars (approximately $3.7 trillion), spanning diverse sectors including banking, insurance, energy, and technology.
For global developers and traders, this innovation opens the door to creating advanced financial products such as trading algorithms, structured derivatives, and tokenized portfolios. The move signifies Pyth Network's strategic expansion across regions and asset classes, adding to the network's over 1,300 active feeds which already cover equities, commodities, cryptocurrencies, and more.
As of July 29 at 18:09 UTC, Pyth Network (PYTH) was trading at $0.126. According to market data, its 24-hour trading volume had decreased by 3.4%.
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