Pyth Network price feeds go dark after Pythnet validators stop producing blocks

The outage highlights the vulnerability of DeFi systems to validator failures, potentially impacting market stability and user trust.

One of DeFi’s most widely used oracle networks went dark Friday after a validator-level failure knocked out Pyth Network’s core price feeds, according to an update.

Pythnet, the chain the Pyth validators run to publish real-time prices, stopped creating blocks, cutting off data to downstream lending protocols, derivatives platforms, and trading apps.

Pyth said it had identified the root cause and expected feeds to resume by 12:30 PM UTC following a coordinated validator restart. The firm noted that its new Pyth Pro infrastructure was operating normally throughout.

This is a developing story. Please check back for further updates.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Pyth Network price feeds go dark after Pythnet validators stop producing blocks

The outage highlights the vulnerability of DeFi systems to validator failures, potentially impacting market stability and user trust.

by Vivian Nguyen

8 min ago

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One of DeFi’s most widely used oracle networks went dark Friday after a validator-level failure knocked out Pyth Network’s core price feeds, according to an update.

Pythnet, the chain the Pyth validators run to publish real-time prices, stopped creating blocks, cutting off data to downstream lending protocols, derivatives platforms, and trading apps.

This is a developing story. Please check back for further updates.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Pyth Network price feeds go dark after Pythnet validators stop producing blocks

Pyth Network price feeds go dark after Pythnet validators stop producing blocks

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