KEY TAKEAWAYS
- Blue Ocean Technologies partners with Pyth Network to provide SEC-registered US equity pricing during after-hours trading.
- This exclusive partnership allows Pyth to distribute overnight US equity trading data on-chain until 2026.
- The collaboration addresses the overnight market data gap, enabling 24/5 trading for institutional investors globally.
- Pyth Network users benefit from enhanced transparency and the ability to implement sophisticated DeFi strategies with ATS-sourced data.
Blue Ocean Technologies, the operator of Blue Ocean ATS, has announced its partnership with Pyth Network as a new market data provider. This collaboration will bring SEC-registered, institutional US equity pricing to the Pyth Network during critical after-hours trading periods. The exclusive partnership, which runs through the end of 2026, makes Pyth the sole data distributor publishing overnight US equity trading data on-chain from the Blue Ocean ATS platform.
The partnership addresses a significant gap in modern market data infrastructure: the eight-hour overnight window when US exchanges are closed. During this time, US ATS venues like Blue Ocean ATS facilitate global trading activity, allowing continuous trading around the clock. This collaboration enables applications using Pyth data to trade US equities 24 hours a day, five days a week.
Solving the Overnight Market Data Challenge
Every weeknight from 8:00 PM to 4:00 AM ET, traditional US equity markets are inactive. However, global markets continue to operate, with news stories breaking and geopolitical events unfolding. Institutional investors in Asia-Pacific regions need to manage their US equity exposure during their prime business hours, creating an “overnight gap” where accurate US equity pricing becomes scarce.
Blue Ocean ATS bridges this gap by operating during these hours, from Sunday through Thursday, when Asian markets are most active. Launched in 2021, Blue Ocean ATS was the first alternative trading system specifically designed for overnight US National Market System (NMS) stocks trading. It has since become a market leader in overnight equities.
What This Means for Pyth Network Users
Blue Ocean ATS-delivered data enhances transparency for Pyth’s extended hours US equity coverage. John Willock, Head of Strategy at Blue Ocean Technologies, commented on the partnership, stating that bringing US equities data on-chain enhances the transparency and usefulness of market data for decentralized finance (DeFi) users.
While Pyth already provides comprehensive multi-asset market data, Blue Ocean’s status as a publicly accessible Alternative Trading System with a full pre-trade transparent matching platform sets a new standard. Developers can build applications that serve clients with data from a regulated ATS venue operator, and DeFi protocols can implement sophisticated equity strategies with ATS-sourced pricing during the overnight window.
This partnership positions Pyth as a bridge, bringing 24/5 institutional US equity data into DeFi. Blue Ocean’s schedule provides global coverage at critical moments, such as the Sunday night opening and alignment with Asian business hours. The collaboration reduces the weekend data void and offers a competitive edge through regulatory status and scale.
For more details, visit the official announcement here.
Why This Matters: Impact, Industry Trends & Expert Insights
Blue Ocean Technologies has partnered with Pyth Network to provide institutional US equity data during after-hours trading, addressing the overnight gap in market data when US exchanges are closed.
A recent DLA Piper report highlights the integration of blockchain and digital asset technologies into traditional equity markets. This development is connected to the collaboration between Blue Ocean ATS and Pyth Network, which enhances the availability of on-chain US equity pricing during after-hours trading, aligning with regulatory advances and market activities.
As per insights from Binance, Pyth Network’s provision of ultra-fast, real-time price feeds significantly impacts after-hours trading. This reinforces the importance of the partnership by enhancing market efficiency and transparency, crucial for latency-sensitive trading strategies outside regular hours.
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