
Grayscale|Mar 19, 2025 15:48
.@mdomcahill, CEO of @PythNetwork and @DouroLabs, discussed how PYTH is rewriting the market data economy, with the goal of going from
six exchanges making hundreds of billions of dollars to an entire system benefitting from the commodification of market data in his talk, "The Price of Everything" at @blockworksDAS.
Just like moving from taxis to @Uber, Pyth is trying to update traditional market data by improving trust, user experience and availability, fixing a system that he believes has resulted in:
➡️ Traditional market data being manipulated, fragmented, inaccessible, and opaque
➡️ A system that wasn’t built for access, it was built for control
➡️ 20% lost due to fragmentation
With 120+ institutions supplying data, 1200+ price feeds, 500+ dApps, 100+ blockchains, Pyth is aiming to grow from covering 1,290 symbols today to millions of symbols in the future.
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