Pyth Network Announces Coverage of CXMT From Opening Trade

Pyth Network Announces Coverage of CXMT From Opening Trade

Pyth becomes first global data provider to price CXMT

Day-one price feed for Asia's largest IPO of 2026 extends Pyth's growing equity coverage across the region

Pyth Network (“Pyth”), a leading provider of institutional market data, today announced live coverage of ChangXin Memory Technologies (“CXMT”) from the opening trade of its Shanghai initial public offering, making Pyth the first global data provider to price the symbol. TradeXYZ, the largest HIP-3 deployer on Hyperliquid, will move its pre-IPO CXMT market onto the Pyth feed once the stock begins trading.

CXMT's debut is the largest semiconductor listing in Chinese market history and Pyth's first day-one feed for a mainland Chinese IPO. Ahead of the listing, TradeXYZ operated a pre-IPO market priced entirely on its own order book. Once CXMT shares begin trading publicly, TradeXYZ will integrate Pyth as its external data source to anchor the market to the listed price during regular market hours.