Nasdaq has selected Pyth, the onchain financial data network, to distribute its proprietary market data to blockchain applications and other software platforms, marking a notable step by a le
Nasdaq has selected Pyth, the onchain financial data network, to distribute its proprietary market data to blockchain applications and other software platforms, marking a notable step by a legacy exchange operator into decentralized infrastructure.
The partnership initially covers Nasdaq TotalView, the exchange’s depth-of-book data feed. TotalView captures every displayed buy and sell order across all price levels, plus order imbalance data around opening and closing auctions. Professional traders rely on the feed because it offers a more complete picture of market liquidity than standard market quotes, showing the full order book rather than just top-of-book prices.
