The decentralized finance (DeFi) ecosystem continues to evolve at a rapid pace, and one of the most significant developments in 2025 is the official launch of Pyth Network’s price oracle on Base, the Ethereum Layer 2 network developed by Coinbase. This integration marks a pivotal moment for developers and users alike, enabling access to high-quality, low-latency financial data across a growing range of assets — from cryptocurrencies and stocks to commodities and forex pairs.
With Pyth now live on Base, DeFi applications can leverage real-time, trusted market data to power derivatives, lending platforms, options markets, and more. This article explores the implications of this integration, highlights key projects already building with Pyth, and explains why this move strengthens the foundation of on-chain finance.
What Is Pyth Network?
Pyth Network is the largest first-party financial oracle network in blockchain, delivering secure, transparent, and real-time market data to over 25 blockchains. Unlike traditional oracles that rely on indirect data aggregation, Pyth sources pricing directly from leading financial institutions — including top-tier exchanges, market makers, and trading firms — who publish their proprietary data on-chain.
This direct feed model ensures higher accuracy, lower latency, and greater resistance to manipulation. As of 2025, Pyth supports over 250 price feeds, covering digital assets, equities (like Apple and Tesla), ETFs, foreign exchange pairs (e.g., EUR/USD), and commodities (such as gold and crude oil).
👉 Discover how Pyth delivers real-time financial data with unmatched precision.
The network has already facilitated over $50 billion in protocol trading volume and recorded more than 1 million client downloads from active developers. Its unique pull-based oracle design allows smart contracts to fetch price updates only when needed, reducing gas costs and improving efficiency — a critical advantage for scalable DeFi applications.
Why Base Matters
Base is an Ethereum Layer 2 (L2) blockchain built using the open-source OP Stack in collaboration with Optimism. Designed for security, low cost, and developer-friendliness, Base enables seamless deployment of decentralized applications (dApps) while inheriting Ethereum’s robust security model.
Because it's EVM-equivalent, developers can easily port Ethereum-native dApps to Base without rewriting code. This compatibility, combined with low transaction fees and fast finality, has made Base one of the fastest-growing ecosystems in DeFi and Web3.
With Pyth now integrated into Base, developers gain immediate access to high-fidelity financial data — essential for building advanced financial products such as perpetual futures, options, lending protocols, and cross-margin trading systems.
Key Projects Using Pyth on Base
Several innovative DeFi protocols are already leveraging or preparing to integrate Pyth on Base. Here’s a look at some of the leading players:
CAP Finance
CAP Finance is a decentralized trading protocol focused on delivering powerful yet user-friendly tools on Arbitrum. Since integrating Pyth in January, CAP V4 has processed over $3 billion in trading volume** and collected more than **$2 million in fees. Following Pyth’s expansion to Base testnet, CAP quickly followed suit and is now preparing its mainnet deployment — signaling strong confidence in Base’s long-term potential.
Perennial
As a DeFi-native derivatives primitive, Perennial enables capital-efficient markets tied to real-world asset prices. Already live on Arbitrum with over $1 billion in trading volume, Perennial relies on Pyth for accurate price feeds that power its user-facing interface. The team plans to expand to Base, unlocking new opportunities for traders seeking low-cost, transparent perpetual contracts.
DePerp
DePerp is a decentralized perpetual exchange offering self-custody asset management, transparent on-chain trade history, and verifiable liquidity reserves. By integrating with Pyth, DePerp ensures reliable pricing for both crypto and forex assets. The platform is set to launch on both Base and Optimism, further expanding access to trustless derivatives trading.
Buffer Finance
Buffer Finance operates as a non-custodial options trading platform on Arbitrum, supporting fast-paced markets in both crypto and traditional finance. After integrating Pyth in early April, Buffer achieved $7 million in trading volume** and nearly **$1 million in fees. With Base’s growing user base, Buffer could bring its dynamic options model to a broader audience.
Pike
Pike is a next-generation money market for native assets across multiple chains — including Base, Ethereum, Arbitrum, Solana, and Avalanche. By integrating Wormhole for cross-chain messaging and Circle’s CCTP for native USDC transfers, Pike creates a unified layer for borrowing, lending, and yield generation. Pyth’s accurate price feeds will be crucial for valuing native assets securely across these ecosystems.
👉 See how top DeFi platforms use real-time data to power next-gen financial tools.
How Developers Can Integrate Pyth on Base
For developers looking to build on Base with Pyth-powered price feeds, the process is straightforward and well-documented. Pyth offers comprehensive EVM-compatible documentation, including step-by-step guides for fetching price updates using its efficient pull model.
Key resources include:
- Pyth Developer Documentation
- List of available Price Feed IDs
- Best practices for gas optimization and security
- Guides for off-chain usage and demand-based updates
These tools empower builders to create secure, scalable applications without worrying about data reliability or latency bottlenecks.
Frequently Asked Questions (FAQ)
Q: What makes Pyth different from other oracle networks?
A: Pyth stands out by sourcing data directly from first-party providers — major financial institutions that publish their own real-time prices on-chain. This eliminates reliance on third-party scrapers and reduces latency and manipulation risks.
Q: Can any project use Pyth on Base?
A: Yes! Pyth is permissionless. Any developer can integrate Pyth’s price feeds into their dApp on Base without approval or fees.
Q: Does Pyth support traditional financial assets like stocks?
A: Absolutely. Pyth offers live price feeds for real-world assets including Apple (AAPL), Tesla (TSLA), S&P 500 ETFs, EUR/USD forex pair, gold, and more — all usable in DeFi applications.
Q: How does the pull-based update model save gas?
A: Instead of pushing updates continuously (which wastes gas), Pyth allows contracts to pull fresh prices only when needed — significantly reducing costs while maintaining accuracy.
Q: Are there plans to add more assets on Base?
A: Yes. New price feeds are regularly added based on community demand. Users can request new assets via Pyth’s Discord channel.
Q: Is Pyth secure for high-value financial applications?
A: Yes. With institutional-grade data sources, cryptographic verification, and battle-tested deployments across major chains, Pyth is trusted by leading protocols handling billions in value.
The Road Ahead
Pyth’s official launch on Base opens new frontiers for DeFi innovation. As more applications adopt its low-latency price feeds, we’ll see a surge in sophisticated financial instruments — from leveraged ETFs to algorithmic hedging strategies — all powered by reliable real-world data.
Looking forward, expect increased collaboration between Pyth and emerging Base-native protocols. With growing interest in asset tokenization and cross-market derivatives, the synergy between Base’s scalable infrastructure and Pyth’s rich data ecosystem will drive the next wave of Web3 finance.
👉 Stay ahead of the curve — explore how real-time data fuels the future of DeFi.
Whether you're a developer building the next big dApp or a user seeking advanced trading capabilities, now is the time to engage with the expanding #PoweredByPyth ecosystem on Base.
For more information about available price feeds or to request new ones, visit pyth.network or join the conversation on Discord.