Nasdaq Selects Pyth for Market Data Distribution, Bringing TotalView Depth Order Book Data On-Chain

Odaily reported that Nasdaq has announced the selection of the Pyth Network as its market data distribution channel, bringing its core product, Nasdaq TotalView, which includes depth market data and order imbalance information, onto the blockchain and institutional-grade data networks.

According to the announcement, Nasdaq will join the Pyth Data Marketplace as a data publisher. This integration will enable its market data to be distributed through a single interface to on-chain protocols, institutional systems, and various software-driven financial applications. This marks the first time Pyth has carried native market data distribution from a major exchange.

Nasdaq TotalView is its standard depth-of-market data product, covering the complete order book. It displays the order depth at each price level and market participant behavior, while also providing order imbalance data during the opening and closing auction periods.