📢 Just published an in-depth post about @Pythnetwork at Binance Square! Pyth is going beyond DeFi, targeting the $50 billion market data industry, and promoting the democratization of financial data.🚀
Vision: Pyth's goal is to become the global financial market's 'Price Layer', breaking the monopoly of traditional giants like Bloomberg and Refinitiv, and reconstructing the fragmented and expensive market data industry.
Phase Two: Pyth is launching institutional-grade subscription products, delivering on-chain high-frequency, high-fidelity data directly into traditional financial workflows, covering scenarios such as risk models, clearing systems, and regulatory compliance.
Institutional Adoption: With proprietary data from top market makers such as Jump Trading and Jane Street, accumulating over $1.6 trillion in trading volume, and official collaboration with the U.S. Department of Commerce, Pyth has become a trusted comprehensive market data source.
Token Utility: $PYTH The token is the core of the ecosystem! Subscription revenue will flow into Pyth DAO for token buybacks, revenue sharing, incentivizing data providers and stakers, creating a positive cycle of value feedback.
