Pyth is undergoing a remarkable transformation. This oracle project, which once stood out in the field of Decentralized Finance (DeFi), is now making significant strides towards the $500 billion traditional financial data market. This is not merely a simple cross-industry attempt, but rather represents a strategic leap from the encryption ecosystem to the global data infrastructure.

Pyth's core mission is to transmit real-world market data to the blockchain in an efficient and secure manner, providing reliable data support for financial and trading applications. During the DeFi phase, Pyth has proven its value with its outstanding performance—covering over 60 blockchains, serving more than 400 applications, and processing hundreds of billions of data requests daily. Now, Pyth is preparing to introduce this mature system to traditional financial institutions, making data the key link between Web2 and Web3.

The reason Pyth has the potential to break through in the traditional financial data market is due to the significant pain points present in this market. Currently, the global real-time data service market is primarily dominated by giants like Bloomberg and Refinitiv. Financial institutions have to pay high subscription fees every year, yet often receive data that is opaque, difficult to verify, and even impossible to integrate across different systems. The emergence of Pyth brings a new approach to the industry – providing real-time, verifiable data services through a transparent mechanism on the blockchain, ensuring clear price sources, controllable usage costs, and secure and transparent data.

Pyth's expansion plan is not just talk, but has already been put into practice. Starting in 2025, Pyth launched a subscription service for institutions, allowing traditional financial institutions to easily access this innovative data ecosystem through standardized API interfaces. This initiative not only demonstrates Pyth's technological maturity but also reflects its forward-thinking approach in business models.

As Pyth continues to expand its range of services and client base, we have reason to believe that it is gradually reshaping the landscape of global financial data services. Pyth's success will not only bring more efficient and transparent data services to traditional financial institutions but may also drive the entire industry towards a more open and innovative direction. In today's world, where data-driven decision-making is becoming increasingly important, Pyth's innovations will undoubtedly spark a silent revolution in the field of financial technology.