Pyth Network has announced a partnership with Coinbase to integrate its Lazer technology, which aims to enhance the speed and precision of pricing data on the Coinbase exchange. This integration is expected to deliver institutional-grade data at a latency of one millisecond, significantly improving the efficiency of price discovery in trading. The collaboration is also set to replace Chainlink, a previous provider of pricing data. Industry experts emphasize that real-time data is crucial for decentralized finance (DeFi) to achieve parity with centralized finance (CeFi) and traditional finance (TradFi). The integration of Pyth's technology is seen as a pivotal step forward for the DeFi sector, enabling faster signals and better execution for traders.