As a finance major, I have been paying attention to how blockchain technology is reshaping traditional finance.@Pyth Network The vision is particularly striking to me— it is expanding from DeFi oracle to global market data infrastructure, targeting the $50 billion financial data industry! Traditional market data is monopolized by a few giants, with high costs and lack of transparency, while Pyth breaks this pattern through a decentralized model. By using first-party data and on-chain verification, Pyth provides more efficient and cost-effective solutions for institutions and individuals. Currently, Pyth supports over 120 blockchains and 500+ applications, with a cumulative trading volume exceeding $1.6 trillion, holding over 60% of the market share in the DeFi derivatives space. Even more exciting, the U.S. Department of Commerce plans to collaborate with Pyth in 2025 to put GDP data on-chain, which is undoubtedly an important milestone in DeFi development! Pyth's second phase plan focuses on institutional-grade data subscription products, aiming to create up to $500 million in recurring annual revenue for Pyth DAO. For finance students like me, Pyth is not just a technological innovation, but also a practice of financial democratization. I believe that with the adoption of more traditional financial institutions, Pyth will fundamentally change the way market data is accessed!💡📊
#PythRoadmapPYTH $PYTH #PythRoadmap
