According to TechFlow, on March 19, Mike Cahill, CEO of Douro Labs and contributor to Pyth Network, attended the Digital Asset Summit held in New York and delivered a keynote speech, announcing the brand evolution of Pyth Network from a technical oracle infrastructure to a "global universal price layer." Mike Cahill pointed out that the current financial system has collapsed, with traditional market data being manipulated, fragmented, opaque, and accessible only to a small portion of people, hindering broader participation and stifling the development of innovation.
Based on this pain point, Pyth Network aims to bring all prices on-chain, while possessing advantages such as decentralization, timeliness, accuracy, security, transparency, and low cost, thus building a global universal price layer that anyone can easily access at any time and place, providing high-quality services for the global $34 trillion financial services market and becoming an important force in driving changes in the global financial system.
Under the new vision of Pyth Network, PYTH token holders will play a key role in owning, protecting, and guiding the future of the network, ultimately witnessing the realization of its value together. Currently, Pyth Network supports over 120 blockchains and provides more than 1200 real-time price data feeds, with over 500 applications using Pyth. In the future, Pyth will continue to expand market data with the goal of "bringing all prices on-chain."

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According to Deep Tide TechFlow, on March 19, Mike Cahill, CEO of Douro Labs, the development company behind Pyth Network, and a contributor to Pyth Network, attended the Digital Asset Summit held in New York and delivered a keynote speech announcing the brand evolution of Pyth Network from a technical oracle infrastructure to a "global universal price layer." Mike Cahill pointed out that the current financial system has collapsed, with traditional market data being manipulated, fragmented, opaque, and accessible only to a select few, hindering broader participation and stifling innovation.
Based on this pain point, Pyth Network aims to bring the prices of all things on-chain while possessing advantages such as decentralization, timeliness, accuracy, security, transparency, and low cost, thus constructing a global universal price layer that anyone can easily access at any time and from any location, providing high-quality services for the global $34 trillion financial services market and becoming an important force in driving the transformation of the global financial system.
Under the new vision of Pyth Network, PYTH token holders will play a key role in owning, protecting, and guiding the future of the network, ultimately witnessing the realization of its value together. Currently, Pyth Network supports over 120 blockchains and provides more than 1,200 real-time price data feeds, with over 500 applications utilizing Pyth. In the future, Pyth will continue to expand market data with the goal of "bringing the prices of all things on-chain."
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Pyth Network participated in the Digital Asset Summit 2025 and delivered a keynote speech, announcing the evolution of the Pyth Global Universal Price Layer brand.