When we talk about "Real World Assets" (RWA) in DeFi, what is the cornerstone? It is reliable, high-frequency, and institution-grade trustworthy market data. @Pythnetwork's grand vision is to transcend the crypto-native realm and venture into the traditional market data industry, which exceeds $500 billion.

The second phase of its #PythRoadmap is crucial: launching an institution-grade data subscription product. This is not just about providing price feedback, but about creating a comprehensive data source that meets the stringent standards of traditional finance, covering pricing, volatility, indicators, and more. This will open doors for on-chain foreign exchange, stocks, commodities, and other RWA products.

At the core of achieving this goal is the establishment of a comprehensive data source that institutions can trust. By aggregating first-party data (directly from top market makers and exchanges), Pyth ensures the source quality and anti-manipulation of the data, which is key to gaining institutional trust.

And the $PYTH token is the driving engine of this vast ecosystem. It not only incentivizes top data contributors worldwide to provide valuable information but also ensures that the entire network can self-sustain and continuously develop through the distribution of DAO's financial revenue, building a decentralized, community-owned data empire.

#Pyth #$PYTH #DeFi #RWA #Oracle #Data