The outage highlights the vulnerability of DeFi systems to validator failures, potentially impacting market stability and user trust. Pyth Network price feeds go dark after Pythnet validators stop producing blocks.
Pyth Network reported a significant outage on Thursday affecting its core price feeds and sponsored feeds, with the disruption running for more than five hours. The incident hit Pythnet and Hermes, the infrastructure layers that power Pyth's real-time price data delivery to DeFi protocols across multiple blockchains.
Pyth Terminal went live with more than 3,000 real-time feeds across crypto, equities, FX, commodities and other asset classes. Users can browse feeds, compare Pyth prices against external benchmarks, watch tick-by-tick charts and toggle publishers to understand data formation.
Pyth Network will execute the largest individual token unlock of the week spanning May 18 to 25, 2026, according to data from Tokenomist and CoinGecko. The network will release $92.10 million in a cliff event, representing 36.9% of the $756.12 million total scheduled for the week. The cliff unlock group amounts to $170.
Pyth Network is retiring Pythnet and closing OIS reward emissions, shifting focus to Lazer, Pro and the Data Marketplace. The economic model moves from subsidized emissions to monthly open-market token purchases funded by real protocol revenues.
Prediction marketplace Kalshi has tapped blockchain oracle provider Pyth Network to deliver pricing information for its Commodities Hub, which went live in April 2026. The partnership designates Pyth as the authoritative data source for settling event-based contracts linked to commodity valuations.
Kalshi taps Pyth as the resolution source for its new Commodities Hub, offering oil, gold, and lithium event markets.
Pyth expands its Kalshi partnership to power new commodities markets with price data for gold, oil, gas, and grains. Pyth expands Kalshi partnership to power new commodities markets.
The prediction platform will use Pyth's pricing data to settle trades on its new commodities markets, as it expands into assets like oil, gold and crops.
CFTC‑regulated prediction market Kalshi is wiring Pyth's oracle and Pyth Pro feeds into its new commodities hub, using first‑party prices to settle gold, oil, gas, and grain event contracts.
Pyth Network said that Kalshi has selected Pyth as the resolution source for its newly launched Commodities Hub, a product section for event contracts tied to physical markets including gold, silver, Brent crude oil, natural gas, copper, corn, soybeans, and wheat.
With market pricing data currently monopolized by a few players, Pyth seeks to democratize access with a pay-on-demand model beginning with seven big-name providers.