How to Stake Pyth Tokens in 2025: A Beginner’s Guide

Q: What is the main benefit of staking Pyth tokens?

By staking Pyth, you help ensure the accuracy and integrity of financial data used by dApps and smart contracts. Additionally, stakers play a key role in securing the network and holding data providers accountable.

Q: Can Pyth tokens be staked?

Yes. Although only publishers can stake tokens in the classic sense of the word, other users can also stake $PYTH tokens to support publishers and yield rewards that way.

Q: What is the reward rate for Pyth staking?

PYTH staking rewards depend on the performance of the data publisher you support and overall network activity. Some platforms offer up to 8% APY, with rewards first allocated to data publishers before being distributed to stakers.

Q: What’s the best platform to stake Pyth tokens?

The best place to stake PYTH is the official Pyth Network staking platform. Currently, major exchanges like Coinbase, Gemini, and Kraken do not support direct Pyth staking.

Q: Which wallet is best for Pyth network?

Some of the best Pyth wallets include OKX wallet, Kraken wallet, Binance wallet, among other. However, make sure to compare the fees, security, and user experience before choosing any wallet.

Pyth Network is a blockchain oracle that provides real-time market data to more than 90 blockchains. It has over 600 data feeds, which are engineered to meet the security, accuracy, and reliability standards of DeFi. Initially, Pyth Network allowed staking for Pyth governance. Well, this wasn’t traditional staking, as you would expect. By staking PYTH tokens, participants gained voting power to help influence key decisions through on-chain voting.

However, it was on 23 September 2024 that Pyth Network introduced Oracle Integrity Staking, which was aimed at securing the oracle to earn rewards. It is designed to enhance network security and incentivize participation. By staking PYTH tokens, users contribute to the network’s robustness while earning rewards. Stakers benefit from staking incentives, governance power, and additional ecosystem rewards, which are distributed at the end of each epoch. However, the actual APY varies depending on network conditions, participation levels, and reward distribution mechanisms.

In this article, we will cover everything you need to know about Pyth Network staking. At the end of this guide, you will have a clear understanding of – What is Pyth staking, how to stake Pyth, best platforms to stake Pyth, and benefits/risks of staking PYTH token.

Pyth Network Staking: Summary

Pyth network is very different from its competitors. Traditional oracles majorly failed to provide ultra-low-latency, institutional-quality market data. That’s the problem Pyth network addressed first-hand. It started to deliver real-time, high-quality financial data (like crypto prices, stock market prices, basically all sorts of data) to blockchains directly without the need of any third party. Interestingly, with the Pyth Network’s permissionless mainnet launch on November 20, 2023, PYTH token holders gained the ability to participate in governance. And Oracle Integrity Staking was introduced later.

Key Takeaways

Pyth Network was launched on Solana’s Pythnet, a fork of the Solana codebase. It serves as a decentralized oracle that sources financial market data from institutions and firms directly and provides it to more than 90 blockchains.
The oracle gives users two ways to stake PYTH tokens, first through Oracle Integrity Staking, and second through Pyth governance, which basically, gives voting power to token holders.
To stake your PYTH tokens you will first need a wallet compatible with Pyth staking
and you must hold sufficient Pyth tokens as well.
While staking, you will be required to choose a data publisher with a valid public key. It’s best if you keep a small amount of SOL in your wallet, that will help you cover transaction fees.
Staking Pyth can earn you an APY of 8%, generating passive income while actively supporting the network.

What is Pyth Staking?

The Pyth Network staking model is called Oracle Integrity Staking or OIS, and it has a crucial role in providing stability and improving the oracles’ capabilities to provide off-chain data to dApps and smart contracts. Two parties are involved in the process: publishers, who provide the data, and the consumers, who pull that data and use it for smart contracts.

The stakers in this process are the publishers, who stake their tokens in order to participate in the network and provide reliable data to the oracles. Staking ensures transparency and a high level of security, as publishers who provide wrong data will face penalties and slashing. Implementing this aspect of accountability ensures the security of the network and maintains the integrity of the oracles. It ensures a level of trust that the data is valid and reliable. The Pyth Network operates mainly on Solana, but it offers cross-chain utility, as it is available on other blockchains as well, including Ethereum L2s and more. On top of that, as we mentioned, the Oracle-based staking model offers excellent reward incentives for users that facilitate growth.

How Pyth Staking Works?

The first step of staking Pyth is connecting compatible Solana or Ethereum L2 wallet. Make sure your wallet already has $PYTH tokens before starting the staking process. Notably, publishers stake their tokens as a security measure before providing data to the oracles. This security measure is in place to incentivize accountability, and the tokens can be slashed if the provided data is incorrect or unreliable.

Other holders stake their tokens to support a particular publisher, and the staking rewards depend on the data that the publisher provides. Before starting the staking process, the tokens undergo a warmup period. This is a time during which your tokens are locked but not yet earning rewards. Rewards are distributed at the end of each epoch (weekly). The protocol is programmed to award the publishers who have contributed the most high-quality data first. After that, the remaining rewards are given to the rest of the stakers.

Where to Stake PYTH? Best Platform For Staking PYTH in 2025

Unlike other projects, which allow direct staking on platforms, including the likes of Coinbase, Gemini, and Kraken, there are no major exchanges offering native staking services for PYTH tokens. Publishers are required to stake their $PYTH tokens for governance or rewards directly through the Pyth Network’s official website.

One should always exercise caution and verify the legitimacy of any third-party platforms that claim to offer PYTH staking services.

How to Stake $PYTH Token – A Step-By-Step Guide

The process of staking $PYTH tokens is very simple and straightforward. It’s best if one keeps SOL in their wallet since that might be needed to pay for transaction fees.

Step 1 – Add Tokens To Staking Dashboard: Your first step will be to buy Pyth token from an exchange (remember you can’t stake a token unless you hold it). Then go to the Pyth network’s official site and add your Pyth tokens to the staking dashboard smart contract. Now, you will be staking these tokens in Oracle Integrity Staking (OIS). Besides earning passive income, through OIS you will also contribute to securing Pyth’s price oracle and safeguarding the DeFi ecosystem.

Step 2 – Select Publisher: This step is very important since it will determine your staking reward amount. So, choose the data publishers you want to support, and stake your tokens towards them. You can sort publishers by their stake pool details, quality ranking, and more information. Don’t forget to check the past performance and reputation of the publisher.

Step 3 – Wait For Token Warmup: Once your confirm the number of Pyth tokens you are staking, your tokens will be staked. But here’s a catch – Your tokens will first enter a short warmup period before they actually get staked with a data publisher. At this point, you don’t need to do anything, just wait for a final confirmation from the site.

Best Strategy for Staking PYTH Tokens

The main aspect that makes the Pyth Network different from other staking models is its structure. The following section will investigate how publishers can optimize their strategies and potentially yield bigger returns.

Provide High-Quality Data: Providing high-quality data is essential for participating and yielding rewards from the Oracle Integrity Staking program. Publishers who constantly provide reliable data will be prioritized during the Pyth Network staking rewards distribution and will not face any penalties or slashing.
Monitor Performance: If the Network determines that the data a publisher has provided is incorrect or unreliable, it will penalize the publisher, most often by slashing their tokens. This means that the tokens they have staked will be taken away. To mitigate this and to eliminate the risk of slashing, publishers should constantly monitor their performance against the Network’s metrics. These metrics include the price series, the publisher’s uptime, the data quality, and calibration.
Understand Reward Distribution: As a publisher, it is crucial to understand how rewards are distributed so you know what to expect. Pyth staking rewards are allocated at the end of every epoch, which lasts a week.

Benefits and Risks of Pyth Staking

In this section, we will explore some of the most notable benefits and risks of participating in the OIS process.

Advantages of Pyth Staking

Earning passive income: Pyth Network staking provides an excellent opportunity to generate passive income, similar to other projects’ staking utilities. By staking your $PYTH tokens, you will not only help the network run and operate smoothly, but you will also benefit from the platform’s 8% APY. Rewards vary based on network participation and staking policies.
Network participation: It will also allow you to participate more actively in the network, which is vital for the DeFi sector. Staking your tokens will allow you to provide additional support for the network, and the more you participate, the more Pyth staking rewards you can earn.
Governance rights: Lastly, you can also participate in the network’s governance, which is only available to those who stake their tokens. It allows them to vote on governance proposals via its 1:1 coin voting system. This means that each staked token translates to a vote.

Risks of Pyth Staking

Slashing: Slashing is one of the most common risks in the staking process, especially in oracle-based projects like the PYTH Network. These are penalties issued to stakeholders who halt the network or exhibit malicious activity. Regarding staking PYTH Network, slashing usually targets publishers whenever they provide unreliable or incorrect data, in which case all or a portion of their staked tokens will be removed.
Market Volatility: Because of the volatility of the cryptocurrency market, staked tokens can experience drastic increases or decreases depending on market conditions. Although price increases are excellent opportunities to monetize the staking efforts, price decreases can lead to significant losses.

How Pyth Staking Compares to Other Crypto Staking?

The focus of Pyth Network is on securing its price oracle and supporting decentralized finance (DeFi) integrity. This is quite different from traditional crypto staking, which is primarily focused on rewarding network validators. Below you will find a detailed comparison.

Features	Pyth Staking	Chainlink Staking	Ethereum Staking	Solana Staking
Purpose	Support the network, give more integrity to oracles, and generate rewards	Provide enhanced security for the network and generate rewards	Help validate transactions, contribute to the network’s smooth operation, and earn rewards	Allowing the network to use your Solana tokens to secure the network while you receive rewards in return
Reward Model	Rewards are first distributed to publishers who contribute with the most reliable data, and the rest are allocated proportionally	It doesn’t have a fixed reward rate, but it depends on how full the staking pool is at the time when the rewards are distributed	Validators can receive rewards by proposing new blocks, voting on proposals, and participating in sync committees	Determined by the amount of staked tokens, the validators’ performance, commission, and the network participation
Risks	Slashing for providing inaccurate or unreliable data, validator downtime	Potential penalties and slashing for irregular node operations.	Market volatility and various penalties like slashing	Potential slashing, validator reliability, and network congestion
Governance	1:1 vote allocation for every token staked will be offered but is under development	Governance is monitored by the CEO and his team, and users need to stake a lot of $LINK tokens to participate in that process.	After becoming a validator, you can propose a new block to be added, or you can vote on other proposals	Allows stakers to participate in the decision-making process

How to Unstake $PYTH Tokens?

Knowing ‘how to unstake’ a token is as important as knowing ‘how to stake’ it. You will be surprised to know that Pyth tokens can be unstaked in just three simple steps.

Step 1 – Initiate Unstaking: Go to the Pyth Network’s official site and navigate to the “UNSTAKE” tab. Enter the amount of PYTH tokens you wish to unstake.

Step 2 – Check Your Wallet: Your wallet will receive a notification. Approve the transaction in your wallet. Your wallet will prompt you with a pop-up.

Step 3: Confirm the Transaction: Check all the details and click confirm. You can check the amount of tokens set to unstake in the “Unstaked” window. Remember, after unstaking your tokens, the withdrawal to your wallet begins every Thursday and takes up to 7 days to complete.

Future of Pyth Staking

The Pyth Network seems to be on the rise as it continues to become a more prominent player in the market, holding its own against its main competitor, Chainlink. One of the most recent developments that will positively impact PYTH and its staking aspect was the adoption of the Pyth Rates Feeds, which will offer U.S. Treasury Rates directly on the chain. This will allow a new wave of innovation across DeFi with treasury feeds in real-time, transparency, and accuracy.

Pyth also collaborated with Revolut, which contributes excellently to the DeFi sector. Revolut is a leading provider of digital banking solutions in the world, and thanks to this new collaboration, it will be able to provide its price data to the DeFi ecosystem. Revolut’s financial price data will likely enhance the operations of numerous dApps, which can be a massive step forward for oracle networks like Pyth.

Conclusion: Pyth Staking

Overall, Pyth staking offers a wide range of benefits, and it is significantly different from other projects because of the role it plays in providing reliable data to dApps and smart contracts. Staking your $PYTH tokens to support publishers will not only make you eligible for the excellent rewards that this offers, but it will also help secure the network. On top of that, the staking process ensures the integrity of the oracles and the financial data they provide. Pyth also maintains accountability for malicious behavior or unreliable data. Now that you have all the information about how Pyth Network staking works and the types of rewards you can receive, you can jump straight into it.

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