To be honest, the traditional financial data industry has not changed much over the years - dominated by giants, with opaque pricing and high latency. Institutional users spend a lot of money every year to buy data, yet they do not get truly real-time and reliable information. It's time for this market, which exceeds $50 billion, to make a move.

The emergence of Pyth Network is changing this situation. Unlike traditional oracles that only transport data, it has directly built a decentralized data distribution network that obtains first-hand data directly from "sources" such as exchanges and market makers. This model not only reduces latency but also significantly enhances the accuracy and transparency of the data.
Recent data speaks volumes: the PYTH token rose 7.78% in 24 hours, reaching $0.1624, with trading volume nearly doubling to over $207 million. Behind this wave of market activity is the positive stimulus from the U.S. Department of Commerce selecting Pyth Network as its official on-chain partner for economic data. This is a milestone event—the federal government is using blockchain technology for the first time to distribute official economic data, including key indicators such as GDP and inflation.
From a technical perspective, Pyth's performance is quite impressive. Its data update frequency reaches once every 400 milliseconds, with more than 200,000 updates per day, which is faster than traditional solutions by more than an order of magnitude. The Pyth Lazer, launched in 2025, reduces latency to the millisecond level, making it 400 times faster than before. This performance improvement creates new possibilities for high-frequency trading and real-time DeFi applications.