Pyth Network Restores Pyth Core Oracle Service After May 22 Outage

Pyth Network said its free, legacy oracle layer Pyth Core suffered an outage early on May 22 after Pythnet validators stopped producing blocks, disrupting Pyth Core price feeds and Sponsored Feeds for about four hours. The company said it identified the root cause, restarted Pythnet and Hermes components, and restored normal operations at 13:00 UTC. Pyth added that Pyth Pro, along with Entropy and Price Feeds Beta, was unaffected, with Kalshi, Coinbase, and LMAX continuing to operate through Pyth Pro. Pyth Core is scheduled to be deprecated on July 31 following a DAO decision.

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