Pyth Network is trying to fix something most people in the market have quietly accepted for years, oil trades all the time, but its price doesn’t. With the launch of its new 24/7 Oil Index, Pyth is stepping in with a different approach. Instead of relying only on traditional exchange data, the index pulls from both onchain and offchain sources. That includes trading firms, institutions, and market activity happening across decentralized platforms. The idea is straightforward: if trading never stops, pricing shouldn’t either. Pyth shared the update in a recent post, framing it as a shift toward more realistic, always-on
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