Overview
- Nasdaq announced it will publish its TotalView market-data feed to the Pyth Data Marketplace, joining other institutional publishers on the platform.
- TotalView provides full depth-of-book data showing visible buy and sell orders at every price level and includes Nasdaq’s Net Order Imbalance Indicator for open and close auctions.
- Publishing TotalView on Pyth lets software developers and trading firms pull Nasdaq data via programmatic APIs for execution systems, analytics, model training, and on-chain applications.
- The agreement, disclosed June 30, 2026, does not yet specify rollout timing, pricing, supported blockchains, or technical interfaces for consuming the feed.
- The move reflects a broader shift in market-data distribution from closed terminals and vendor feeds toward software-native, monetizable distribution layers that support tokenized assets and on-chain finance.