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Pyth Network announced “Lazer,” an oracle aimed at delivering real-time price updates as fast as one millisecond

Pyth collects market data directly from exchanges, market makers, and financial services providers to support real-time trading functionality

Pyth Lazer targets high-frequency trading, derivatives, and other DeFi protocols that depend on ultra-low latency data

The Pyth Lazer oracle claims that it supports up to 1,000 price feeds, provides bid-ask details and market depth, and is compatible with blockchain environments including the Ethereum Virtual Machine and Solana Virtual Machine

Pyth Lazer aims to minimize compute costs, enabling high-throughput operations like supporting 20 price feeds simultaneously on Solana

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