What is Pyth Correlation Tracker

Overview

Pyth Correlation Tracker is an open-access, real-time financial analytics platform built on top of the Pyth Networkarrow-up-right decentralized oracle infrastructure.

The core insight is simple: prices don't move in isolation. When BTC dumps, ETH usually follows. When the dollar strengthens, gold often falls. These relationships — correlations — are the hidden architecture of financial markets.

This platform makes those relationships visible, live, as they happen.


Why Correlations Matter

Traditional portfolio tools show you what happened. This platform shows you how assets relate to each other right now, which enables:

  • Risk management — avoid holding two assets that move identically (concentrated risk)

  • Diversification — find assets with low or negative correlations

  • Regime detection — correlations shift during crises, identifying market regimes

  • Alpha discovery — lead-lag relationships reveal predictive signals


Architecture Overview

Pyth Hermes WebSocket


   Price Feed (28 assets, ~3s)


  Rolling History Buffer (200 ticks)

   ┌────┴────────────────┐
   │                     │
   ▼                     ▼
Pearson Matrix      Entropy (NMI)
(linear corr)    (nonlinear corr)
   │                     │
   └─────────┬───────────┘


      Lead-Lag Analysis
      (cross-correlation)


        Live UI (React)

Asset Classes Covered

  • Crypto — BTC, ETH, SOL, DOGE, AVAX, ADA, LINK, SUI, NEAR, HYPE, and more

  • FX — EUR/USD, GBP/USD

  • Metals — XAU/USD (Gold)

  • Energy — WTI Crude Oil

  • Equities — AAPL

  • Indices — SPY, QQQ, DIA, IWM


Technology Stack

Layer
Technology

Frontend

React 18, Canvas API

Oracle (live)

Pyth Hermes WebSocket

Oracle (historical)

Pyth Benchmarks REST

Math

Custom Pearson, Shannon Entropy, NMI

Hosting

Vercel

Data

100% on-chain oracle data

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