Pyth Network is a first-party financial oracle that delivers real-time market data directly on-chain. This eliminates the need for third-party middlemen (nodes), making the data more secure, transparent, and accurate.
Pyth Network's mission is to reshape the $50B+ market data industry by expanding beyond DeFi into institutional-grade data. Their roadmap includes a two-phase approach:
Phase One: Vision: Expanding beyond DeFi into the $50B+ market data industry.
Phase Two: Subscription product for institutional-grade data. Institutional Adoption: Trusted, comprehensive market data source.
The $PYTH token plays a key role, enabling contributor incentives and DAO revenue allocation.
