Every market matures through its metrics of success:

• Exchanges: Number of Listed Tokens -> Daily Volume & Market Depth (Trading Activity)

• DeFi: TVL -> Volume/TVL Ratio & User Growth

• Oracles: TVS -> TTV

The common thread? Infrastructure value is proven through active usage and trading growth.

Today, Pyth embodies this principle, securing and powering over $900B in traded volume across 80+ networks. 10x growth YoY.

As markets evolve, so too should the shared understanding of impact and how it's measured.