Triose phosphate isomerase (TPI) is an essential enzyme in the glycolysis pathway that catalyzes the reversible interconversion between dihydroxyacetone phosphate (DHAP) and glyceraldehyde-3-phosphate (G3P). This enzyme is crucial for the efficient functioning of glycolysis, as it ensures the equilibrium between these two triose phosphates, allowing for continued energy production in cellular respiration.