Pyth Network: The Ambition from DeFi to Institutional-Level Data Market!
The vision of Pyth Network goes far beyond the DeFi space! Their roadmap's second phase is exciting, aiming to expand into the traditional market data industry worth over $50 billion, focusing on creating a trusted comprehensive data source for institutions. This means Pyth is evolving from a price feed tool to an institutional-level data subscription product, which is the true point of value explosion.
This institutional-level application has extremely high requirements for data accuracy and low latency, and Pyth, with its unique data source aggregation mechanism, fits perfectly. In addition, $PYTH tokens not only incentivize ecosystem contributors but also ensure the reasonable distribution of DAO revenue, which is key to the decentralization and long-term sustainability of the entire network.
Which type of traditional data service provider do you think Pyth is most likely to replace after expanding into the traditional financial market?
