Pyth: The Breakthrough Player from DeFi to the $50 Billion Market Data Track

While the market is still focusing on Pyth's core advantages in pricing feeds within the DeFi space, it has quietly set its sights on the next blue ocean—the market data industry, which exceeds $50 billion. The advancement of its second-phase institutional-level data subscription products further highlights its ambition.

Unlike the closed and opaque nature of traditional data sources, Pyth is building a comprehensive market data source that institutions can trust. Leveraging its mature on-chain data verification mechanisms, the real-time availability, accuracy, and reliability of data are prioritized, precisely matching the stringent needs of institutions in scenarios like risk control and decision-making.

The PYTH token is the core link of the ecosystem: it provides solid incentives for data providers, validators, and other ecosystem contributors, driving continuous improvement in data quality; it also ensures reasonable income distribution through a DAO mechanism, allowing the community to share in the dividends of market expansion.

From DeFi infrastructure to institutional-level data services, Pyth's cross-border exploration is worth looking forward to. Do you believe it can break through in the trillion-dollar market data track? @Pyth Network #PythRoadmap $PYTH