Michael Cahill is the Director of the Pyth Data Association and CEO of Douro Labs, a Portugal-based company specializing in oracle tooling and Web3 infrastructure. Established by Cahill and former members of Jump Trading and Jump Crypto, including Ciarán Cronin and Jayant Krishnamurthy, the firm focuses on expanding the Pyth Network's decentralized data services for broader access to real-time market data in the blockchain ecosystem.^[1][2][3]

Education

Michael Cahill pursued his undergraduate education at Syracuse University, where he earned a Bachelor of Science (BS) in Entrepreneurship and Emerging Enterprises during the period from 2002 to 2006.^[2]

Career

Michael Cahill is currently serving as the Chief Executive Officer of Douro Labs since August 2023, he oversees the company's operations in Porto, Portugal. Douro Labs functions as a blockchain infrastructure company with the goal of contributing to the development and expansion of the Pyth Network. Established in 2023, Douro Labs aims to develop oracle tooling, products, and Web3 infrastructure to enhance the Pyth Network's suite of decentralized data services. This endeavor seeks to provide broader access to real-time market data for blockchain participants.^[4][5][6]

"The Pyth Network is the fastest growing decentralized oracle, and is already becoming the go-to solution for modern DeFi applications that need cheap, lightning-fast, ultra-accurate pricing information. At Douro Labs, we are committed to accelerating the network’s continued growth and lifting up the next generation of DeFi apps that are building new tools and experiences that simply aren’t possible on legacy oracle infrastructure." - Michael Cahill

In parallel, Cahill has been a Director at the Pyth Data Association since October 2021. The Pyth Data Association, established as a Swiss association by Pyth Network participants, focuses on advancing the network's development. It contributes to protocol maintenance, facilitates ecosystem grants, and supports ecosystem development within the Pyth Network.^[5]

Prior to his current roles, Cahill engaged in special projects at Jump Crypto for almost 4 years. His earlier experiences includes work at Cboe Global Markets, where he worked in FX Sales, followed by a role as the Global Head of Sales, FX at KCG Holdings until 2017.

Before these roles, Cahill served as the Head of Sales, eFX at Nomura Securities un til 2014. He commenced his professional journey at Morgan Stanley, where he held the position of Vice President, FX Sales for over 7 years.^[2]

Media Appearances

Michael Cahill has been featured in numerous financial publications, where he has been interviewed and profiled. His contributions and insights have been showcased in reputable outlets such as Bloomberg, Forbes, The Block, Blockworks, Cointelegraph, and others. Additionally, Cahill has made appearances as a guest on Real Vision.^[2]