Nasdaq Selects Pyth To Distribute TotalView Market Data On Pyth Data Marketplace

Nasdaq selected Pyth to distribute its TotalView market data through the Pyth Data Marketplace, making Pyth the first onchain network to distribute Nasdaq’s market data.

“Nasdaq has announced a partnership with an altcoin regarding the distribution of market data”

Bitcoin Sistemi

The partnership initially covers Nasdaq TotalView depth-of-book data and order imbalance data used by traders, financial applications, execution systems and quantitative models.

Bitcoin Sistemi

TotalView is described as not a basic equity price feed, instead displaying the full order book across Nasdaq, NYSE, NYSE American and regional-listed securities trading on Nasdaq.

Pyth says the marketplace provides a single integration that gives blockchain applications and software platforms access to first-party market data, including for trading platforms, exchanges, and prediction markets.

Nasdaq TotalView provides full depth-of-book data by displaying every visible buy and sell order across all price levels, along with order imbalance information published around the opening and closing auctions.

The feed is described as widely used by professional traders because it offers a detailed view of market liquidity beyond standard market quotes by exposing the complete order book.

Cointelegraph

Pyth’s marketplace is positioned for institutions that want to publish proprietary datasets directly to software-native users while retaining control over access, pricing and attribution.

Business Wire says TotalView also includes the Net Order Imbalance Indicator, providing real-time visibility into buy and sell imbalances ahead of key events such as the market open and close.

Nasdaq joins a publisher group on Pyth that includes the U.S. Department of Commerce, Kalshi, Euronext, Exchange Data International, OTC Markets, SGX FX and Tradeweb.

The integration is framed as expanding Pyth beyond standard crypto oracle feeds into a broader institutional data layer for market depth, macroeconomic datasets, prediction markets, fixed income, FX, commodities, equities and proprietary indices.

The Crypto Times quotes Mike Cahill, CEO of Douro Labs and a contributor to Pyth Network, saying, "Nasdaq is one of the names the entire market recognizes."

Business Wire adds that Pyth Network aggregates price feeds directly from over 135 institutions, including global exchanges, trading firms, and market makers, as it builds a global price layer.