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While it's definitely much faster than pydantic V1 (which is a huge accomplishment!), it's still not exactly what I'd call "fast".
I maintain msgspec (https://github.com/jcrist/msgspec), a serialization/validation library which provides similar functionality to pydantic. Recent benchmarks of pydantic V2 against msgspec show msgspec is still 15-30x faster at JSON encoding, and 6-15x faster at JSON decoding/validating.
Benchmark (and conversation with Samuel) here: https://gist.github.com/jcrist/d62f450594164d284fbea957fd48b...
This is not to diminish the work of the pydantic team! For many users pydantic will be more than fast enough, and is definitely a more feature-filled tool. It's a good library, and people will be happy using it! But pydantic is not the only tool in this space, and rubbing some rust on it doesn't necessarily make it "fast".