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Coinbase announces integration of Pyth Lazer to achieve 1-millisecond update speed

Coinbase announced the integration of Pyth Lazer, which will provide Coinbase with a 1-millisecond data update speed, bringing more accurate, real-time price information and market data, enabling comprehensive liquidity health and further improving responsiveness to market conditions. At the same time, the lightweight design of Pyth Lazer will further reduce costs. It is reported that Pyth Lazer is an ultra-low latency oracle launched by Pyth Network, capable of providing ultra-fine price sources and market data, with an update time as short as 1 millisecond. Users can also choose a variety of frequency channels such as 1 millisecond, 50 milliseconds, and 200 milliseconds according to their specific needs. At the same time, Pyth Lazer provides ultra-low latency price updates and rich market data for more than 1,000 assets, supporting all cross-EVM (Ethereum Virtual Machine), SVM (Solana Virtual Machine) and other blockchain ecosystems.