#pythroadmap @PythNetwork $PYTH
Pyth Network: From DeFi to the $50 billion market data track, a new king for institutional level
Recently delving into Pyth Network, it feels like it's not just a data oracle for DeFi, but a tough character aiming to sweep the $50 billion market data industry! Pyth's vision is to expand from DeFi to institutional-level market data, with the second phase focusing on institutional-level data subscription products, aiming to become a comprehensive data source trusted by institutions. For example, it can provide high-frequency, accurate on-chain and off-chain market data to meet the needs of hedge funds and banks. The PYTH token not only incentivizes ecosystem contributors but also ensures fair distribution of DAO revenues, balancing the interests of the community and institutions. Currently, Pyth data covers over 50 chains, with TVS exceeding $10 billion, and the future potential is huge! Do you think Pyth can become the new leader in market data? Let's discuss in the comments!
Pyth Network: From DeFi to the $50 billion market data track, a new king for institutional level
Recently delving into Pyth Network, it feels like it's not just a data oracle for DeFi, but a tough character aiming to sweep the $50 billion market data industry! Pyth's vision is to expand from DeFi to institutional-level market data, with the second phase focusing on institutional-level data subscription products, aiming to become a comprehensive data source trusted by institutions. For example, it can provide high-frequency, accurate on-chain and off-chain market data to meet the needs of hedge funds and banks. The PYTH token not only incentivizes ecosystem contributors but also ensures fair distribution of DAO revenues, balancing the interests of the community and institutions. Currently, Pyth data covers over 50 chains, with TVS exceeding $10 billion, and the future potential is huge! Do you think Pyth can become the new leader in market data? Let's discuss in the comments!