pyth

According to token unlocking data from the Crypto asset data platform RootData, Pyth Network (PYTH) will unlock approximately 2,124,670 tokens at 14:00 Beijing time on May 20, with a value of about 118 million dollars.

According to the official announcement, the prediction market Kalshi, regulated by the Commodity Futures Trading Commission (CFTC), has integrated Pyth as the contract settlement data source for its newly launched commodity center, covering markets such as gold, silver, Brent crude oil, natural gas, copper, corn, soybeans, and wheat.At the same time, Pyth Pro will provide direct market data access to Kalshi's market makers. Kalshi stated that this move aims to support the continuous trading and reliable settlement of commodity-related event contracts; Pyth Pro will subsequently expand to asset classes such as indices, stocks, and foreign exchange.

The oracle service Pyth announced the official launch of the Pyth Data Marketplace and has gained support from six major financial institutions as data publishers. The institutions joining include Euronext, Exchange Data International, Fidelity Investments, OTC Markets Group, SGX's FX data business, and Tradeweb. These institutions previously distributed data primarily through traditional data vendors and proprietary terminals.The Pyth Data Marketplace allows institutions to distribute various proprietary data, including macroeconomic indicators, over-the-counter (OTC) pricing, and foreign exchange benchmarks, while retaining ownership, pricing rights, and attribution rights of the data.

According to official news, the prediction market platform Polymarket has integrated Pyth Pro as the data source for its new series of traditional asset contracts. Relying on Pyth Pro data, Polymarket provides daily price fluctuations and daily closing markets for gold, silver, and major stock index ETFs, ensuring full transparency through real-time price charts updated every second.

OKX will delist the PYTH (Pyth Network) on-chain earning product on March 16, 2026, at 11:00. New subscriptions for related products have now been suspended. After the delisting, users' funds and all pending rewards will be automatically redeemed to their funding accounts, with an expected arrival time of about 1 day. Users are advised to redeem their funds before the delisting time.

According to Binance spot market data, the market has experienced significant fluctuations. AUCTION has dropped by 13.76% in the last 24 hours, while XPL has risen by 11.09%, reaching a new high for today.In addition, PYTH has also shown a "high and then low" state, with a 24-hour decline of 7.91%. SXT and LINEA have similarly experienced a "high and then low" state, with 24-hour declines of 6.5% and 5.71%, respectively. Meanwhile, ROSE and NEWT have also reached new highs for today, with increases of 9.23% and 5.82%, respectively.Additionally, PAXG has reached a new high for the week, with an increase of 7.28%.

According to Binance spot market data, there has been significant volatility in the market. FIS has dropped 17.65% in the last 24 hours and is also experiencing a "high-to-low" situation. PYTH and WIF have increased by 6.36% and 7.9%, respectively, and have reached a bottom-rebound state.In addition, SOMI has dropped 9.49% in the last 24 hours, also showing a "high-to-low" situation. ZEN has reached a new low for today, with a decline of 5.53%. NFP and HBAR have also reached new lows for the week, with declines of 12.5% and 9.34%, respectively.

Pyth Network announced the launch of the PYTH token reserve, which operates by using a portion of the network's revenue each month to purchase PYTH tokens on the open market, ensuring predictability and scalability of transactions.Pyth Network also added that it plans to systematically purchase over $1 million in revenue earned in the first month of Pyth Pro on the open market, and additionally, the PYTH DAO will allocate one-third of its funds to purchase PYTH from the open market.

Pyth Network announced the establishment of a PYTH reserve, which will automatically convert protocol revenue into ongoing PYTH token buybacks through the introduction of a structural mechanism, thereby directly linking product adoption with network value.The operating mechanism is that the Pyth DAO treasury will receive a portion of the protocol revenue and will use these funds to buy back PYTH tokens on the open market every month. The repurchased tokens will constitute the PYTH reserve—this is also the economic outcome of directly injecting real product revenue into network value.

Pyth Network announces the launch of the PYTH reserve mechanism, which links product adoption directly to network value by using protocol revenue to purchase PYTH tokens monthly.As an important part of financial infrastructure, Pyth Network has supported over $2.3 trillion in cumulative trading volume. The newly launched mechanism aims to drive sustainable value growth. The PYTH reserve allocates one-third of its funds monthly through DAO treasury to purchase PYTH tokens on the open market, combined with a quarterly pricing optimization strategy to ensure that revenue growth is directly converted into token buying pressure.Pyth's economic engine is driven by four major products: Pyth Pro, Pyth Core, Entropy, and Express Relay, covering both traditional and on-chain markets, with expectations to further expand revenue sources in the future. Officials state that financial institutions spend $50 billion annually on market data, and Pyth Pro, through transparent subscriptions and high-frequency updated data services, aims to capture at least 1% of the market share, reaching a target of $500 million in annual revenue and continuously driving the growth of the PYTH reserve.

DeSci & AI Asset Issuance Agreement Orama Labs today announced the execution of the first burn of its governance token $PYTHIA. A total of 215,310 PYTHIA tokens were burned, marking the official launch of its deflationary mechanism and further strengthening the long-term value support of the token economic model.This burn follows the successful launch of Orama Labs' first ecological project, ZENO. According to the previously announced Tokenomics, the platform will return 50% of the fee income directly to project creators to continuously support the development of ecological projects, while the remaining portion will be used to promote value-empowering measures, including buybacks and burns.As a issuance agreement focused on Desci and AI assets within the Solana ecosystem, Orama Labs demonstrates its commitment to building a sustainable, deflationary token economy through this burn.

ChainCatcher message, according to the tracking data from the Web3 asset data platform RootData X, in the past 7 days, the oracle solution Pyth Network has been the project with the most new followers among X (Twitter) Top personalities. New influential figures following this project include DeFi analyst Ignas(@DefiIgnas), zac.eth(@zacxbt), and 2Lambroz(@2lambro).

ChainCatcher news, according to the official announcement, Pyth Network has established a partnership with the regulated event trading platform Kalshi to bring predictive market data to over 100 blockchain networks.This collaboration enables the large-scale on-chain circulation of regulated event data for the first time, providing developers and institutions with data services based on real-time event probabilities in areas such as politics, economics, and sports.Kalshi, as a designated contract market regulated by the CFTC, includes data from multiple markets such as the New York City mayoral election, F1 driver championship, MLB championship, and the number of interest rate cuts in 2025.

ChainCatcher news, according to the official announcement, after the U.S. Department of Commerce selected Pyth Network for on-chain economic data verification and distribution one week after putting GDP data on-chain, Pyth Network announced the expansion of its coverage of macroeconomic indicators, adding core economic indicator data including:Employment: Non-farm payrolls, unemployment rate, wage growthInflation: Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditures (PCE) ------ including overall indicators and core indicatorsGrowth and Accounts: GDP index, GDP growth, and current account balanceBusiness Activity: Purchasing Managers' Index (PMI)Developers, institutions, and protocols can now directly access real-time macroeconomic indicators and integrate them into on-chain products, opening up new possibilities for transparent, efficient, and innovative products, and marking Pyth Network's further realization of its "global universal pricing layer" vision.

ChainCatcher news, according to the official blog, Pyth Network announced that it has been selected by the U.S. Department of Commerce for the verification and distribution of on-chain economic data.Through its collaboration with Pyth, the U.S. Department of Commerce is doing much more than just releasing one-time data; it is laying the groundwork for a strategic partnership between the Department and the Pyth Network. Pyth will initially provide quarterly GDP data for the past five years, and Pyth's contributors expect to expand this initiative to support a broader set of economic data.

ChainCatcher message, Orama Labs is committed to building the next generation of asset tokenization protocols, aimed at addressing the pain points of inefficient funding and resource allocation in traditional scientific research, while Hong Kong Kaiying will provide core technical support in the field of AI for Orama Labs.The platform builds a closed-loop ecosystem from research to commercialization by funding scientific experiments, securing intellectual property rights, solving information silos, and community governance, promoting innovative development in on-chain research.PYTHIA, as the core governance token of the platform, is used to incentivize research contributors, fund high-quality research projects, and drive on-chain governance.Orama Labs' first product, LaunchPad, is about to be released, marking a new stage in its ecological development.

ChainCatcher message, according to the official announcement, Pyth Network has announced support for real-time price data of 85 listed companies on the Hong Kong Hang Seng Index, with data sourced from institutional-level market participants, updated every 400 milliseconds and published on-chain in real-time.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the AI mouse meme coin PYTHIA has been the project with the most new followers among X (Twitter) top personalities. New influential figures following this project include crypto KOL Shapolang (@Wolfy_XBT), crypto KOL Yuyue (@yuyue_chris), and little catcher CHAOS (@iamyourchaos).

According to ChainCatcher news and the official announcement, Binance will remove the observation tags and seed tags for certain tokens on July 9, 2025, based on recent audits.The tokens with observation tags removed are as follows:Zcash (ZEC)The tokens with seed tags removed are as follows:Ethena (ENA)Pyth Network (PYTH)Bittensor (TAO)Wormhole (W)