On-chain systems' ability to operate stably depends critically on the credibility of data entry points. Oracles may seem like a supporting role, but in reality, they hold the key to core processes such as pricing, settlement, risk management, and automated execution.

The higher the data reliability, the clearer the system boundaries, and the easier it is to control systemic risk. In this way, application developers will dare to design more complex logic, and capital providers will have the confidence to stay long-term and develop strategies.

Therefore, data infrastructure deserves close attention. As more applications emerge within the ecosystem and financial structures become more complex, issues at the data layer will be amplified infinitely, and so will the advantages of the data layer. Those who lay a solid foundation of underlying capabilities will truly unlock the upper limits of their ecosystems. Ultimately, only those who can withstand market fluctuations and maintain stability at the data layer will earn the trust and continued use of long-term capital.