Pyth Network, a provider of institutional market data, today announced the launch of Pyth Pro X, market data designed exclusively for exchanges operating multi-asset markets.

Pyth Pro X delivers the data required to price everything from crypto to equities, supporting live markets, new product launches, and complex risk frameworks without the overhead of traditional market data licensing.

Trading venues including Bitget, BitMEX, Coinbase, Crypto.com, DreamCash, LMAX, and TradeXYZ are among the exchanges already using Pyth Pro X to power their operations.

As the world’s top trading venues race to launch equity perpetuals, support cross-margin frameworks, and run continuously operating liquidation engines across global markets, most exchanges still depend on fragmented vendors, asset-specific feeds, and restrictive licenses that slow product launches and increase operational risk. The launch of Pyth Pro X addresses this gap and replaces traditional exchange complexity with a single, unified price layer built for modern exchange operations.

“We built Pyth Pro X to break the barriers preventing institutions from operating a truly real-time, global exchange,” said Mike Cahill, CEO of Douro Labs. “Global venues are operating increasingly complex, multi-asset platforms 24/7, and the legacy market data model simply wasn’t built for that world. Pyth Pro X delivers a single source of truth across every asset class and geography with the speed, accuracy, and openness that today’s exchanges require to launch faster, operate with confidence, and compete at global scale.”

Pyth Pro X builds on the success of Pyth Pro, which surpassed $1 million in ARR in its first month, and Pyth’s proven foundation of powering over $2.4 trillion in cumulative trading volume, distributing real-time data across more than 100 blockchains, and served over 600 applications in DeFi and traditional finance.