The most profitable business in finance is one nobody can enter S&P makes $1.27B profit maintaining numbers. 69% margins. @PythNetwork just broke into it 💎 They don't trade. Don't run funds. Just license the right to reference indices $195M a year from SPY alone The problem: Five firms control 95% of the market. Their data stops when exchanges close Onchain venues trade 24/7. Equities through weekends. Commodities overnight Legacy providers can't price that What Pyth built: - First-party data from 24/7 venues - Continuous pricing across equities, metals, commodities, FX - Built for markets that never sleep The incumbents own traditional finance Pyth is building the index layer for everything else ⚡
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