Starting from DeFi, Pyth Network uses "first-party data" to directly sign the prices from source exchanges/market makers on-chain, reducing forwarding distortion and trust costs. According to the #PythRoadmap, the next step will be to enter the market data industry worth over $50 billion and advance to the second phase of institutional-level data subscriptions; $PYTH serves as an incentive and governance vehicle, ensuring a closed loop for contributions and DAO revenue distribution. Looking forward to @Pythnetwork becoming a unified chain.
Show original
1.12K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.