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1 change: 1 addition & 0 deletions pages/home/_meta.json
Original file line number Diff line number Diff line change
Expand Up @@ -28,5 +28,6 @@

"pyth-token": "PYTH Token",
"metrics": "Pyth Metrics",
"whitepaper": "Whitepaper",
"security": "Security"
}
11 changes: 2 additions & 9 deletions pages/price-feeds/whitepaper.mdx → pages/home/whitepaper.mdx
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@@ -1,15 +1,8 @@
---
description: >-
For more information, visit the Pyth whitepaper
https://pyth.network/whitepaper
---

# Whitepaper

Growth in DeFi requires high-fidelity, time-sensitive, real-world data, direct from the source and made available on any L1 blockchain. Financial market data, however, is often accessible to only a limited set of institutions and users. Traditional markets typically maintain strict control over and access to both live and historical price feeds. Consequently, only a selected group of users has access to the most timely, accurate, and valuable information.

The Pyth network is a next-generation oracle solution that aims to bring this valuable financial market data to the general public. The network does so by incentivizing market participants — trading firms, market makers, and exchanges — to share directly on-chain the price data collected as part of their existing operations. Pyth's data providers include some of the largest **traders**, **exchanges**, and **financial services** players who create unique high quality market data. This includes real world market data in **equities**, **fx, crypto, and metals with ambitions to scale across asset classes**. Data publishers include [GTS](https://pythnetwork.medium.com/new-pyth-data-provider-gts-555c4d0e362b), Jane Street, Hudson River Trading, [LMAX](https://pythnetwork.medium.com/new-pyth-data-provider-lmax-dd05264d1a16), [Virtu](https://pythnetwork.medium.com/new-pyth-data-provider-virtu-financial-ed09143f44d5), [BSX](https://pythnetwork.medium.com/new-pyth-data-provider-the-bermuda-stock-exchange-ccf3c04bd430), [CTC](https://pythnetwork.medium.com/new-pyth-data-provider-chicago-trading-company-64a457340443), and [many more](https://pyth.network/publishers/).

The network then aggregates this first-party price data (still on-chain) and makes it available for use by either on- or off-chain applications.

The goal of the design and mechanics around the PYTH token aim to make the Pyth network self-sustaining and decentralized.
The [Pyth Network Whitepaper](https://pyth.network/whitepaper) describes the mechanisms powering the protocol.
The whitepaper was last updated in September 2023.
3 changes: 1 addition & 2 deletions pages/price-feeds/_meta.json
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Expand Up @@ -50,6 +50,5 @@
},

"pull-updates": "What is a Pull Oracle?",
"how-pyth-works": "How Pyth Works",
"whitepaper": "Whitepaper"
"how-pyth-works": "How Pyth Works"
}
4 changes: 0 additions & 4 deletions pages/price-feeds/whitepaper/_meta.json

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13 changes: 0 additions & 13 deletions pages/price-feeds/whitepaper/network-interactions.mdx

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14 changes: 0 additions & 14 deletions pages/price-feeds/whitepaper/network-participants.mdx

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