Wu said that the Pyth official status page shows that Pythnet/Hermes has been down for over 4 hours, affecting both Price Feeds and Sponsored Feeds. The official team stated that they have identified the root cause of the issue, and validators are coordinating to restart the network to restore the Pyth Core Feeds service. Currently, many data protocols relying solely on Pyth oracles are affected, and the community is widely discussing the risks of oracle single points of failure and DeFi fallback mechanisms.

PYTH3.27%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned