What Is the PYTH Reserve?

The PYTH Reserve is a structured framework that transforms real protocol revenue into systematic token buybacks. Instead of allowing revenue to remain idle in the treasury, the DAO deploys these funds to acquire PYTH tokens on a recurring basis. As adoption grows, revenue increases; as revenue increases, monthly buybacks scale accordingly. The result is a clear, rules-based relationship between product adoption and long-term network value.

This model represents a shift toward measurable value accrual, where ecosystem growth is no longer abstract but reflected directly through consistent market activity.

Monthly Buybacks With a Disciplined Approach

Under the DAO-approved structure, 33% of the treasury balance is used each month to purchase PYTH tokens on the open market. This gradual approach helps smooth price impact, average acquisition costs over time, and maintain proportional scaling as revenue expands.

All protocol revenue is consolidated into a Solana-based treasury through a documented, multi-step process governed by multisig approvals. This ensures operational transparency and verifiability for the broader community.

A Diversified Revenue Engine

Pyth’s ability to sustain this model is supported by multiple revenue-generating products rather than a single source. Pyth Pro reflects growing institutional demand for high-quality market data, while Pyth Core continues to expand as a default price infrastructure across blockchains. Entropy adds a complementary revenue stream through secure randomness services, and Express Relay addresses demand for low-latency execution and blockspace efficiency.

This diversified structure allows protocol revenue to grow alongside broader adoption across both onchain and traditional financial markets.

Pricing Optimization and Long-Term Growth

Alongside the Reserve, Pyth has begun conducting regular pricing reviews across its product suite. These assessments rely on onchain performance metrics and competitive benchmarking to optimize fees without compromising adoption. As usage matures, revenue naturally increases—feeding directly back into the buyback mechanism.

Closing the Economic Loop

With infrastructure established, monetization underway, and the PYTH Reserve now operational, Pyth Network has activated a self-reinforcing economic cycle. Adoption drives revenue, revenue drives buybacks, and buybacks reinforce long-term network value. This marks a significant step in Pyth’s evolution from a fast-growing data provider into a mature, value-oriented financial infrastructure network.

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The post Pyth Reserve Goes Live: A New Era of Monthly Token Buybacks appeared first on Coin Engineer.

Project Idea

Blockchains cannot access the outside world directly. However, real-world data like prices, stocks, and commodities are essential for applications like DeFi. Pyth Network fills this gap. It enables decentralized, fast, and verifiable data to be used directly on-chain. It is particularly critical for derivatives, lending platforms, and stablecoin systems that require high-frequency data.

How Does Pyth Network Work?

Pyth Network aggregates price data from multiple providers. Each provider sends the price along with a confidence interval. These inputs are weighted by reliability and compiled into a single price feed, refreshed every 400 milliseconds.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Its pull-based model—where data updates only when needed—reduces transaction costs while improving network efficiency.

Additionally, data is published on its own blockchain called Pythnet, which ensures transparency and security.

Ecosystem and Use Cases

Pyth Network is widely used across the DeFi ecosystem. Key use cases include:

• Decentralized Exchanges (DEXs): Platforms like Drift Protocol use Pyth’s low-latency feeds for better matching and risk management.
• Lending Protocols: Solend and ReactorFusion rely on Pyth to calculate collateral ratios and trigger automated liquidations.
• Stablecoins: Projects like USDT use Pyth Network for real-time price feeds to maintain USD peg.
• Derivatives and Options: Platforms like Kwenta use Pyth for leveraged trading and options contracts.
• Yield Optimization: In areas like yield farming, Pyth feeds are used to dynamically track staking data and market performance.

Tokenomics and Unlock Schedule

The total maximum supply of PYTH tokens is 10 billion. Current distribution and status are as follows:

• Total distribution progress: 57.5%
• Unlocked: 5.75B PYTH (~$611.28M)
• Locked: 2.13B PYTH (~$225.91M)
• Next unlock: 21.3%

Fundraising and Investment Rounds

Pyth Network announced a strategic funding round in December 2023. Major DeFi-focused investors supported the project:

• Delphi Ventures
• Multicoin Capital
• Wintermute
• CMT Digital
• Distributed Global
• Borderless Capital

The exact amount raised was not disclosed, but these firms confirmed strategic backing.

Roadmap and Future Plans

• 2021: Launched on Solana, initial data feeds published
• 2022: Pythnet launched, cross-chain functionality added via Wormhole
• 2023: Governance token PYTH launched and airdropped
• 2024: Supported over 50 blockchains, secured $5B+ in total value
• 2025 and beyond: More data providers, new asset classes (commodities, stocks, forex), 20% lower latency goal

Pyth Network is an innovative oracle solution fulfilling the need for real-time and reliable data in DeFi. Thanks to its technical design and token model, Pyth is expected to be integrated by even more platforms in the coming years. It has become a crucial infrastructure component for DeFi protocols requiring high-frequency transactions and precise pricing.

Official Links

• Official Website
• Whitepaper
• X (Twitter)
• Discord

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The post What is Pyth Network (PYTH)? appeared first on Coin Engineer.

May 19, Monday 

• Coinbase was included in the S&P 500 index on May 19, 2025. 
• Eurozone annual inflation rate announced at 2.2%.
  (Expected: 2.2%, Previous: 2.2%) 

May 20, Tuesday 

• Pyth Network (PYTH) unlock event to take place.
  Unlocked amount: 2.13 billion tokens
  Value: $333.86 million
  Market cap ratio: 58.3% 

May 21, Wednesday 

• Solana (SOL) developer conference. New ecosystem projects or partnerships may support SOL price. 
• S&P Global Manufacturing and Services PMI Preliminary Data (May 2025). These figures will reflect economic activity in the US. Manufacturing PMI is expected to rise from 50.2 to 50.5, Services PMI from 50.8 to 51.0. 

May 22, Thursday 

• Bitcoin Pizza Day event. 
• Gala dinner hosted by US President Donald Trump, exclusively for the largest 220 $TRUMP coin holders. 
• 12:30 (UTC): US Unemployment Claims. (Expected: 227k, Previous: 229k). 

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The post Economic Calendar and Important Developments This Week  appeared first on Coin Engineer.

Pyth Network and Bittensor Begin Trading on Coinbase

Coinbase continues to prioritize market security and user experience by listing new projects. According to the recent announcement, Pyth Network (PYTH) and Bittensor (TAO) will now be available for trading on both Coinbase and CoinbaseExch platforms. However, an important note to remember is that these tokens will only be available in supported regions. Investors must transfer these tokens exclusively via the correct networks; otherwise, funds may be at risk of being lost.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Pyth Network (PYTH) is a rapidly growing SPL token operating on the Solana network, known for faster transaction confirmation times and decentralized finance (DeFi) solutions. On the other hand, Bittensor (TAO) stands out with its decentralized structure based on deep learning networks, catching the attention of investors looking for innovative projects.

Tokenbot (CLANKER) Added to Coinbase Roadmap

In addition to listing Pyth Network and Bittensor, Coinbase has also added the Tokenbot (CLANKER) project to its roadmap. This demonstrates the platform’s ongoing commitment to contributing to the crypto ecosystem and interest in cutting-edge projects. Users can now explore more opportunities and trade new options within the exchange.

As always, Coinbase prioritizes the security of its users and continues to provide new projects, ensuring greater transparency in the cryptocurrency space.

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The post Coinbase Makes Two New Listings! appeared first on Coin Engineer.

This exclusive campaign provides additional airdrop rewards in PYTH tokens, boosting users’ earnings on top of the base APR from Binance SOL Staking.

PYTH APR Boost Airdrop Details

• Campaign Period: December 2 – December 16, 2024
• Total Reward Pool: 1,428,571 PYTH
• Daily Rewards: 95,238 PYTH

Users can claim their daily PYTH rewards starting at 05:30 (UTC) each day. Any unclaimed rewards will be automatically distributed to users’ Spot Wallets after the campaign ends.

How to Obtain BNSOL

1. Go to Binance’s [SOL Staking] section and stake SOL.
2. Convert SOL to BNSOL via the Binance Web3 Wallet.
3. Purchase BNSOL on the Spot Market or through Binance’s other purchasing tools.

What is BNSOL?

Binance Staked SOL (BNSOL) represents your staked SOL along with the staking rewards, in a tradable and transferable format. Unlike traditional staking, which locks assets, BNSOL provides flexibility, allowing users to sell, transfer, or use their staked SOL for additional opportunities. BNSOL can also be transferred to personal wallets like the Binance Web3 Wallet, offering the flexibility to use it in external DeFi applications while still earning staking rewards.

Eligibility and Additional Information

• To qualify for PYTH APR Boost rewards, users must complete identity verification and stake SOL into BNSOL.
• BNSOL uses Solana Labs’ audited Stake Pool Program, ensuring a secure staking experience.
• The campaign is available only in eligible countries and regions.

Important Notes:

• The BNSOL:SOL conversion rate updates every epoch (approximately every 2-3 days).
• The redemption period for BNSOL is approximately four days. Network conditions on Solana, such as congestion, may extend this period.
• Participation in the campaign is subject to Binance’s rules and local regulations.

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What’s happening with Bitcoin and popular altcoins? Will the upward trend continue? Here’s a detailed look at critical support and resistance levels, liquidations, top gainers and losers, upcoming events, and more.

Key Bitcoin Levels for the Day

Currently, Bitcoin shows no significant movement, as we noted yesterday. However, gradual recoveries are visible in altcoins, and this trend might persist tomorrow.

• Bitcoin (BTC):
  • Support: $97,800 – a crucial reaction zone and the nearest support level.
  • Resistance: $99,684 with notable liquidations of $36 million.

Altcoin Updates

• Ethereum (ETH):
  • Price: $3,355 (+0.74% in the last 24 hours).
  • Resistance: $3,376 and $3,520.
  • Support: $3,220 and $3,140.
• Stacks (STX):
  • Price: $2.07 (+7.32% in the last 24 hours).
  • Resistance: $2.10 and $2.30.
  • Support: $1.94 and $1.77.
• Pyth Network (PYTH):
  • Price: $0.42 (-2.50% in the last 24 hours).
  • Resistance: $0.44.
  • Support: $0.39 and $0.37.
• Polkadot (DOT):
  • Price: $7.73 (+27.31% in the last 24 hours).
  • Resistance: $7.75 and $9.00.
  • Support: $6.50 and $4.80.

Trending Coins

• Top Gainers: VeThor (VTHO), Stellar (XLM), Tribe (TRIBE).
• Top Losers: Chill Guy (CHILLGUY), Fartcoin (FARTCOIN), Zerebro (ZEREBRO).
• Trending Tokens: Mythos (MYTH), GOGGLES (GOGLZ), PONKE (PONKE).

Bitcoin Liquidation Map

Bitcoin’s 12-hour liquidation map highlights:

• Key Resistance: $99,684 with $36 million in liquidations.
• Key Support: $97,556 with $32.56 million in liquidations.
  

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The post Latest Updates on Bitcoin and Cryptocurrencies: November 23 appeared first on Coin Engineer.

Ondo Finance (ONDO), Pyth Network (PYTH), and Zetachain (ZETA) will be available for margin trading on both Coinbase International Exchange and Coinbase Advanced starting May 23, 2024, at 9:30 AM PT.

Expanding Margin Trading Services

Coinbase International Exchange, a margin trading platform for customers outside the U.S., had recently received approval from Bermuda to operate in September 2023. The exchange has been expanding its margin trading offerings, previously listing Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Stellar (XLM), Polygon (MATIC), Bitcoin Cash (BCH), Celestia (TIA), Injective (INJ), Sei (SEI), Aptos (APT), Filecoin (FIL), Sui (SUI), Polkadot (DOT), Internet Computer (ICP), and Near Protocol (NEAR) for margin trading.

Price Performance of Listed Altcoins

According to CoinGecko data, at the time of writing,

ONDO has gained 2.7% in the past 24 hours and is trading at $0.8933.

PYTH has decreased by 3.6% in the past 24 hours and is trading at $0.427.

Zeta is trading at $1.63.

The post Coinbase International Lists 3 New Altcoins for Margin Trading appeared first on Coin Engineer.

Theta Network  %12.17

The THETA/USDT pair has lost 12.17% value in the last 24 hours, trading at 1.92$. The resistance levels for THETA are first $2.60, then $3.09. The support levels are $1.67 and if it’s below this region, the level is $1.49.

World Coin %7.43

The WLD/USDT pair has lost 7.43% value in the last 24 hours, trading at 7.16$. The resistance levels for WLD are first $7.95, then $9.26. The support levels are $7.12 and if it’s below this region, the level is $6.26.

The post Most Declining Coins | Coin Price Analysis! appeared first on Coin Engineer.

PYTH Price Analysis:

PYTH is almost 18% up Today. PYTH investors has not seen this price levels since beginning. What are the support and resistance levels in PYTH?

Support level for PYTH is $0.06870 and resistance is at $0.081.

With Bitcoin surpassing $56,000 and money flowing into the market, altcoins are on the rise. With a possible correction in the market, we may see pullbacks in price levels.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

The post PYTH Rise More Than 20 Percent: Price Prediction appeared first on Coin Engineer.

In this guide, we’ll take you step-by-step through the process of staking $PYTH tokens for maximum airdrop eligibility:

What is Pyth Network ($PYTH)?

• Connects high-fidelity market data from leading traders and exchanges to smart contracts across 40+ blockchains.
• Provides reliable, low-latency price feeds for crypto, equities, forex, ETFs, and commodities.
• Powers decentralized applications like DeFi, gaming, and sports betting.

Why Stake PYTH for Solana Airdrops?

• Pyth’s deep integration within the Solana ecosystem unlocks access to numerous potential airdrops.
• Staking $PYTH signals your participation in the community, attracting projects seeking early adopters.
• It’s a cost-effective way to diversify your portfolio and gain exposure to emerging projects.

How to Stake $PYTH for Solana Airdrops:

1. Set Up Phantom Wallet: Download the extension and transfer your $PYTH tokens.
2. Get Pyth Network ($PYTH) Tokens: Buy on exchanges like Binance or use decentralized exchanges like Jupiter (use limit orders!).
3. Set Up Pyth Profile: Connect your wallet to https://staking.pyth.network/profile and submit your EVM address.
4. Deposit and Stake $PYTH: Connect your wallet to https://staking.pyth.network/, choose your stake amount, and click “STAKE.”
5. Stake $PYTH on Degen Base: Connect your wallet to Degen Base, go to “Earn,” and stake at least 500 $PYTH.
6. Vote in Pyth Network Governance: Participate in decision-making at https://app.realms.today/dao/PYTH.
7. Claim Degen Base Airdrop: Check your eligibility at https://airdrop.degenbase.trade/.

Additional Tips:

• Stay updated on airdrop announcements by following Pyth Network and relevant projects on social media.
• Consider the potential risks and rewards before staking any tokens.
• Conduct your own research on airdrop projects before claiming rewards.

You can present own thoughts as comment about the topic. Moreover, you can follow us on Telegram and YouTube channels for the kind of the news.

The post How to Stake PYTH: A Comprehensive Guide appeared first on Coin Engineer.