According to BlockBeats news, on October 2, PYTH Network officially issued a statement stating that the main consumers of the next generation of financial data will gradually shift from humans to APIs, algorithms and AI systems. Market data needs to be structured, standardized, low-latency and accessible through programmed interfaces. Its business focus includes not only providing real-time market data through APIs, but also continuous index and data markets, providing directly callable data infrastructure for trading systems, AI applications, financial institutions and autonomous financial applications.
PYTH also emphasized that the token economy cannot replace real business, and the network should first create actual value through products such as market data, indices, and data markets, and then match the token economy with network activities and participant incentives. Its long-term goal is to become the market data layer in financial systems widely used by software, and further expand asset coverage, institutional data sets and support for AI and autonomous applications.