Nasdaq selects Pyth as the first onchain network to distribute TotalView order book and imbalance data.
Tech & Launches ·
Nasdaq has selected Pyth as the first onchain network to distribute its TotalView order book and imbalance data, according to an announcement from Pyth. TotalView provides depth-of-book and order imbalance information to market participants, and the partnership extends this data distribution to onchain and software-native markets.
The arrangement marks the first instance of Nasdaq making TotalView data available through an onchain data network. Pyth, which aggregates and distributes financial data for blockchain-based applications, will serve as the conduit for delivering these market data feeds to decentralized platforms and systems built natively on blockchain infrastructure.
Details regarding the scope of data coverage, timing of data availability, fee structures, and any exclusivity terms of the arrangement have not been disclosed in available reporting.