Pyth sunsets Pythnet appchain and ends OIS emissions, shifts to revenue-based PYTH buybacks with 12M tokens already repurchased
pyth.network •
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Promote with Leviathan NewsPyth is sunsetting Pythnet, its 2021-era appchain, and ending OIS reward emissions — the 100M PYTH reward pool runs dry by end of April 2026, with Pythnet itself sunsetting later in 2026. Tokenomics pivots to revenue-based buybacks via the PYTH Reserve, which has already repurchased ~12M tokens on the open market instead of relying on subsidy emissions. Infrastructure splits into three products: Lazer (1ms–200ms low-latency oracle), Pyth Pro (3,000+ institutional price feeds), and a Data Marketplace pulling from Euronext, Fidelity, and Tradeweb. Staking and slashing stay live with ~1B PYTH across ~120 publisher pools — but the emission era is over.
TLDR by @Benthic
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