The TradFi sector has extremely high standards for data quality, including millisecond latency, 99.99% availability, and complete audit trails. Remarkably, Pyth Network not only meets these stringent standards but even surpasses the performance of traditional systems in certain aspects.

Through the innovative first-party data source direct connection design, Pyth has successfully eliminated the multi-layer intermediary links in the traditional data supply chain, significantly reducing the data latency from seconds to milliseconds. More importantly, each piece of data leaves an immutable trace record on the blockchain, providing unprecedented transparency for institutional compliance auditing.

Currently, more than 40 well-known hedge funds and market makers are actively testing Pyth Pro services. These institutions favor Pyth not only for its cost advantages but also for the innovative potential brought by this on-chain native data standard. When financial data breaks free from traditional opaque operational models, the trust foundation of the entire industry will undergo a fundamental reconstruction.

The emergence of the Pyth Network is not just an upgrade of data services, but it also represents the profound changes that the financial industry is undergoing. It demonstrates how blockchain technology can reshape the production, transmission, and use of financial data, injecting new vitality and possibilities into the entire industry.

As more institutions begin to accept and use this innovative data solution, we have reason to believe that the financial industry will usher in a new era that is more transparent, efficient, and trustworthy. The successful practices of Pyth Network undoubtedly point to a promising direction for the integration of TradFi and blockchain technology.