Key Highlights
- Pyth Network has introduced Pyth Indices, a suite of proprietary 24/7 indices covering U.S. stocks, oil, metals, and thematic sectors.
- The indices are designed to provide continuous pricing for assets that traditionally trade only during market hours.
- Available products include indices tracking major equities, gold, silver, WTI, Brent, and thematic baskets such as AI10, Defense10, China10, and Tech100.
Pyth Network, a first-party oracle network, today launched Pyth Indices, a suite of proprietary 24/7 index products similar to cryptocurrencies, covering U.S. equities, oil, metals, and select thematic baskets. The initiative, developed in part with MarketVector Indices, a VanEck company, aims to provide continuous pricing for assets that have traditionally been limited by standard market hours.
According to the announcement, the move comes as trading in cryptocurrencies, perpetual futures, and certain tokenized assets already operates around the clock. Pyth Indices aim to address gaps in price infrastructure for traditional asset classes by aggregating data from institutional sources and liquid trading venues across different time zones and geographies.
Which indices are included in the announcement?
Each index has a published methodology and is available for licensing for uses including derivatives settlement, benchmarking, and other financial products. Specific single-asset indices now available include U.S. equities such as NVDA, TSLA, AAPL, MSFT, GOOGL, INTC, HOOD, MSTR, and CRCL; metals with gold and silver; and oil benchmarks WTI and Brent. Thematic offerings, co-developed with MarketVector for Coinbase, include AI10, Defense10, China10, and Tech100 indices.
Several platforms have already integrated the new indices. Coinbase is using them for thematic equity index futures. Kraken has incorporated continuous pricing into its derivatives products. Nado is applying the oil indices to its spot, margin, and perpetual markets, while dYdX has introduced a perpetual contract based on the Pyth 24/7 Oil Index.
Pyth expands beyond extended hours pricing
The launch builds on Pyth’s earlier efforts in extended-hours pricing. The network has been providing 24/5 feeds for U.S. equities through an exclusive collaboration with Blue Ocean ATS. The new 24/7 indices represent an expansion across additional asset classes.
MarketVector, known for indices with more than $100 billion in assets tracking them, according to the announcement, contributed its framework for the multi-asset thematic products. The collaboration combines Pyth’s data aggregation capabilities with established index methodology.
Kalshi explores Pyth for 24/7 commodity settlement
In a separate development, in April 2026, Pyth Network partnered with Kalshi, the first CFTC-regulated prediction market exchange in the US, to power uninterrupted 24/7 settlement for its new Commodities Hub. Kalshi selected Pyth Pro as the exclusive data layer for its commodities markets.
The hub offers event-based contracts tied to global benchmarks, including gold, silver, Brent crude oil, natural gas, copper, corn, soybeans, and wheat. Settlements will rely on Pyth’s continuous price feeds, enabling round-the-clock trading and resolution beyond traditional market hours.
Market still relies on closing prices
While 24/7 trading has grown significantly in crypto and derivatives markets, many conventional benchmarks for equities and commodities still rely on closing prices from specific sessions, such as the 4 p.m. ET equity close or NYMEX energy trading hours.
However, broader adoption faces hurdles including lower off-hours liquidity, operational challenges around staffing and collateral movement, and the need for regulatory alignment, particularly in CFTC-regulated venues. The long-term impact on traditional market structures remains uncertain as infrastructure evolves.
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