Analyzing Pyth Network: Layout and Potential from DeFi to the Trillion-Dollar Market
In-depth research on Pyth Network reveals its clear development path and grand vision, which are impressive. It is not only rooted in the DeFi field providing accurate market data but also aims to expand vigorously into the market data industry, which has a scale exceeding 50 billion US dollars. This forward-looking approach is worth paying attention to.
Currently, in the second phase of advancement, the focus is on building institutional-level data subscription products, with the core aim of ensuring 'institutional trustworthiness'. By constructing a comprehensive market data source, it meets the high demands of professional institutions for data accuracy and stability. Moreover, the utility design of the $PYTH token is also crucial, as it provides incentives for ecosystem contributors, promotes ecosystem activity, and ensures reasonable distribution of DAO income, laying the foundation for the project's long-term development. Looking forward to Pyth Network's continuous breakthroughs in the new track, bringing more surprises~@Pyth Network #PythRoadmap $PYTH


