📈 Pyth Network: 1 ms Ultra-Fast Oracle, Stake 640M PYTH & Unlock 5.6B – Strong Growth!
(Data updated until 07/2025 – Not investment advice)
1/🧵 Overview & Position
• Distributed oracle connecting real-time financial data from 120+ sources (Jane Street, CBOE…) to over 100 blockchains, more than 520 applications, 280M updates/day.
• Among the top-3 oracles in the industry (after Chainlink, Chronicle), with a total protected value of ~$8.4 billion.
2/ Notable milestones 06/2024–07/2025
• Q2/2024: adding 45 feeds, expanding to 14 chains and 51 new applications; choosing TTV instead of TVS – increasing 1,362% YoY, Oracle Integrity Staking from $6.3M → $135M.
• Sept 2024: implementation of Oracle Integrity Staking (OIS).
• Q1’2025: launching Pyth Lazer feed 1ms, staking jumped +176% QoQ (230 → 639 M PYTH), Kamino Swap processed $171 M limit-volume, increasing 824% QoQ.
• 05/2025: unlock 5.66B tokens (~58% floating), price dropped nearly 72% from ATH but maintains a range of $0.10–0.15.
3/ Tokenomics & Staking
Average price (06/2025) is $0.116, Vol ~ $19M/day. Circulating 5.75 B / Max 10 B. Staked ratio (OIS) ~639 M PYTH (+176%) with an APY of 8%.
4/ Dev Activity & GitHub
• 38 main repos, notable: pyth-crosschain, pyth-agent, recently updated; strong community with ~262 forks, >180 stars, 42 open PRs.
5/ Collaboration & Implementation
• Coinbase International: integrating Pyth Lazer Q1’25.
• Revolut (01/2025): becoming the first publisher from a bank.
• Grayscale: launching Grayscale Pyth Trust (02/2025) to help institutional access.
• Integrating BTC ETF feed, Oil, collaboration with Chainflash Pro, CBOE, Sony.
6/ Opportunities & Challenges
✅ High speed & reliability: 1ms feed suitable for HFT, perps.
✅ Decentralized & large staking community: nearly 640M tokens committed.
✅ Revenue by TTV: pull oracle model linked to volume (Kamino reached $171M limit volume/Q1’25).
⚠️ Large token unlock (May 2025) price pressure, but the market remains stable around $0.10–0.15.
⚠️ Competition with Chainlink, macroeconomic conditions.
7/ Pricing Data & Forecast
• Average target price ~$0.168 according to the analyst team (29 experts).
• CCN Forecast: could reach $0.5–1.2 by the end of 2025.
• According to Changelly: the market is bearish, expected to drop 18% by 07/2025 ($0.10).
8/ Conclusion & Outlook
Pyth has become an infrastructure pillar for high-speed DeFi and institutional-grade data. Technical milestones (Pyth Lazer), staking & tokenomics, along with institutional integrations show a long-term vision. The large token unlock is consistent with a strong increase in TTV, reflecting network trust. Oracle wars are still unresolved, but Pyth is gaining the upper hand with speed, focus, and large chain collaborations.
#PythNetwork #Oracle #PythLazer #DeFi #Staking