Pyth Network (PYTH) 2.1297B Token Unlock

MAY

20

Event date

Tuesday 20 May 2025, UTC

Event description

Event Details

On May 20, 2025, Pyth Network will unlock 2.1297 billion $PYTH tokens, representing 21.25% of the total supply and roughly 58% of the current market cap. This unlock, one of the largest in Pyth’s schedule, aims to distribute tokens to early investors, team members, and ecosystem contributors, as outlined in Pyth’s tokenomics (pyth.network). The influx of tokens could increase liquidity, enabling more trading activity and potentially attracting new DeFi integrations. However, the sheer volume may pressure $PYTH’s price, as seen in similar unlocks where supply surges led to short-term volatility (cointelegraph.com). Investors should brace for potential market swings but also watch for strategic moves by Pyth to mitigate sell-offs, such as staking incentives or ecosystem grants.

Risk Disclaimer: Token unlocks often lead to price volatility due to increased supply. Always conduct your own research and consider market conditions before trading.

Recent News

Pyth Network has been on a tear lately. In February 2025, Grayscale launched a Pyth Trust, boosting institutional access to $PYTH. Robinhood also added $PYTH to its platform, expanding retail reach. On the tech front, Pyth unveiled “Pyth Lazer,” an upgrade delivering real-time price updates every millisecond, cementing its edge in high-frequency DeFi trading. These milestones highlight Pyth’s growing dominance as an oracle provider, rivaling Chainlink by powering over 300 dApps across 50+ blockchains (pyth.network).

Future Plans

Pyth’s roadmap is packed with ambition. The Entropy protocol, launched in February 2025, enhances onchain randomness for NFT mints and DeFi, with plans to integrate it into more gaming protocols by Q3 2025. Pyth also aims to expand its oracle services to emerging layer-2 solutions and roll out governance features, allowing $PYTH holders to vote on network upgrades (pyth.network). These moves signal Pyth’s focus on scalability and community-driven growth, positioning it as a cornerstone of Web3 infrastructure.

Onchain Data

Specific onchain metrics for $PYTH, such as transaction volume or staking activity, are limited in public datasets (e.g., Dune Analytics, Glassnode). However, Pyth’s network activity is robust, with over $50 billion in secured value across supported dApps, reflecting strong adoption (pyth.network). The unlock may drive increased wallet activity as recipients transfer or stake tokens, so keep an eye on Etherscan or Solscan for real-time insights post-event.

Community Sentiment

On X, sentiment around the unlock is mixed. Posts highlight the massive 2.13B token release, with some traders wary of sell-off risks, while others see it as a chance for Pyth to deepen liquidity and attract new partners. Influencers like @darkCrypto_01

are bullish on Pyth Lazer’s potential to drive adoption, but cautious voices urge monitoring whale movements post-unlock. The community is abuzz, with #PythNetwork trending as users debate its long-term value versus short-term volatility.

Why It Matters

This unlock is a defining moment for Pyth. It could amplify its role in DeFi by fueling ecosystem growth, but the market’s reaction will hinge on how Pyth balances supply with demand. Compared to Chainlink’s more gradual unlocks, Pyth’s aggressive schedule tests investor confidence (medium.com). For users, the event underscores Pyth’s commitment to decentralization, while traders may find opportunities in price dips or staking rewards. Stay tuned to Pyth’s official channels for updates on post-unlock strategies


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Pyth Network (PYTH) Events List

Pyth Network CO-PIP 9 Vote

Event Details: Pyth Network is hosting the CO-PIP 9 vote on September 23, 2025. This event involves voting on the proposal titled "Douro Labs as Admin & Initial Distributor for Pyth Data Off-chain Subscriptions." The vote is part of the Pyth DAO governance process and will be conducted off-chain through Snapshot. Community members with governance rights can participate via the Pyth Network's Snapshot page.Recent News: Over the past three months, Pyth Network has focused on expanding data subscription services and enhancing its oracle capabilities. The involvement of Douro Labs signals a strategic move to streamline administration and distribution of off-chain subscription data, reflecting Pyth's continued focus on scaling its data delivery network efficiently.Future Plans: Following the CO-PIP 9 vote, Pyth Network aims to integrate Douro Labs fully as an administrator and distributor for off-chain subscriptions, improving data accessibility and management. Pyth plans to continue scaling its oracle services and pursue partnerships to increase adoption across DeFi and other blockchain sectors.Onchain Data: * Tokens unlocked: Not publicly available. * TVL: Not publicly available. * 24h / 7d transaction volume: Not publicly available. * Wallet growth / new wallets: Not publicly available. * Staking participation: Not publicly available. * Contract interaction counts: Not publicly available. * Exchange inflows/outflows: Not publicly available.Community Sentiment: Neutral — The community is generally observing the proposal with interest, awaiting the outcome of the CO-PIP 9 vote. Community reactions reflect cautious optimism about the administrative shift but no major controversy or hype has been detected. Sample reactions include: "Looking forward to streamlined subscriptions," "Hope this improves data delivery," and "Watching the vote results closely."Risk Disclaimer: This governance vote could influence the administrative control and distribution dynamics of Pyth Network's off-chain data subscriptions, potentially impacting token utility and project operations.

Pyth Network

September 23

Pyth Network Introducing Pyth Pro Institutional Market Data Service

Event Details: On September 24, 2025, PYTH Network is launching Pyth Pro, a next-generation subscription service designed specifically for institutions. This service delivers institutional-grade market data across multiple asset classes including cryptocurrencies, equities, fixed income, commodities, and foreign exchange. Pyth Pro aims to provide a unified, reliable, and precise data source, tailored to meet the demands of banks, hedge funds, and asset managers. The service will be accessible via a subscription model, emphasizing real-time, high-quality data feeds sourced from leading trading venues worldwide.Recent News: In the past three months, PYTH Network has prominently shifted its focus towards institutional adoption, announcing the development and imminent launch of Pyth Pro. The project has also passed several governance proposals, appointing Douro Labs as the initial administrator for the Pyth DAO, reinforcing governance and operational capabilities. Industry coverage highlights Pyth's unique position in offering real-time ETF price feeds on-chain, with growing recognition in traditional finance sectors for its reliable and secure data provisioning.Future Plans: PYTH Network's roadmap centers on expanding institutional monetization through offchain data products, with Pyth Pro marking a major phase two milestone. Upcoming goals include enhancing data coverage and delivery infrastructure to support a broader range of financial markets and ensuring increased utility for the PYTH token in governance and operations.Onchain Data: - Tokens unlocked: Not publicly available. - TVL: Not publicly available. - 24h / 7d transaction volume: Not publicly available. - Wallet growth / new wallets: Not publicly available. - Staking participation: Not publicly available. - Contract interaction counts: Not publicly available. - Exchange inflows/outflows: Not publicly available.Community Sentiment: Neutral to positive sentiment dominates as institutional investors express interest in the enhanced data solutions Pyth Pro offers. Community feedback on Twitter appreciates the project’s focus on professional-grade data infrastructure, though wider market impact remains to be seen. Sample reactions include: "Finally, real institutional-grade data in crypto," "Pyth Pro could bridge traditional finance and crypto," and "Looking forward to seeing how this impacts DeFi analytics."Risk Disclaimer: As Pyth Pro involves institutional data service launch impacting market data access, token prices of PYTH could be influenced by market perception and adoption success. Investors should consider these factors carefully.Sources used: https://x.com/PythNetwork/status/1970731434081190378, https://www.businesswire.com/news/home/20250923720158/en/Pyth-Network-Launches-Pyth-Pro-a-Next-Generation-Subscription-Service-for-Institutional-Market-Data

Pyth Network

September 24

Pyth Network

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