Zach Rynes | CLG|May 22, 2026 15:55
Pyth is not having a great year
Pythnet stopped producing blocks this morning, taking Pyth Core feeds offline for 4+ hours
Pyth’s “Oracle Integrity Staking” rewards were turned off earlier this year
Pythnet itself is being fully deprecated, replaced by a centralized signer operated by Douro Labs
That’s right, the whole “first party data publishers run the oracle nodes” model central to Pyth’s pitch is being killed
Pyth is pivoting to becoming just an unreliable, centralized data aggregator, how boring(Zach Rynes | CLG)
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