Staking your PYTH tokens is more than just locking them up to earn rewards. It is your chance to play an active role in keeping the Pyth Network secure and reliable. Pyth Network is a blockchain oracle that delivers real-time market data to over 90 blockchains with more than 600 data feeds.
These feeds are known for their accuracy and security, making them essential for DeFi projects. By staking PYTH tokens, you help strengthen the network while also gaining rewards and a say in its governance.
Since 23 September 2024, Pyth has offered Oracle Integrity Staking. This system rewards users for helping secure the oracle itself. Stakers earn incentives, voting power for on-chain decisions, and extra rewards given at the end of each epoch. In this guide, you will learn exactly how to stake your PYTH tokens, the best places to do it, and what benefits and risks to expect.
How to Stake Pyth Network (PYTH)?
Staking PYTH tokens allows you to earn passive rewards while directly supporting the security of the network’s decentralised price oracle. Pyth Network can be staked on its official website as well on other centralised staking platforms. Here, we’ll cover both processes:
Staking Pth Network On Official Website
The process is easy to follow and requires a few simple steps using the Pyth Network’s official dashboard. Here’s how you can stake PYTH efficiently.
Add PYTH Tokens to the Staking Dashboard
Before you can stake, you must own PYTH tokens in your wallet. You can buy them from a supported cryptocurrency exchange. Once purchased, visit the official Pyth Network website and head to the staking dashboard.
Connect your wallet and add your PYTH tokens to the staking dashboard’s smart contract. This is where you will stake your tokens under the Oracle Integrity Staking (OIS) system. Staking here does two things:
- You earn passive staking rewards over time
- You help secure the Pyth price oracle that powers DeFi protocols
You should also hold some SOL tokens in your wallet, as these will cover transaction fees during the staking process.
Hold Sufficient XDC in a Compatible Wallet
You’ll need to deposit a minimum amount of XDC tokens into a staking-compatible wallet. The required amount can vary based on network conditions, so always check the latest staking threshold in the XDC documentation.
Choose a Data Publisher to Support
Once your tokens are added, you must select a data publisher to stake towards. This step is critical, as your reward rate depends on the performance and reliability of the publisher you choose.
You can explore various publishers on the dashboard by reviewing:
- Stake pool details
- Publisher rankings based on data quality
- Historical performance and reputation
Pick a publisher that aligns with your risk preference and reward expectations. The better the publisher’s performance, the higher the rewards you might receive.
Confirm and Wait for Warmup Completion
After selecting a publisher and entering the number of PYTH tokens to stake, confirm the transaction through your wallet. The tokens will then enter a brief warmup period.
During this phase, your tokens are not yet earning rewards, but they are queued for activation. This step ensures fairness and network stability.
You do not need to take any further action at this point, just wait for the dashboard to display that your tokens are fully staked. Once active, your staking rewards will begin to accumulate automatically.
Staking Pyth Network on Centralised Exchanges
Staking your PYTH tokens can earn you rewards while helping secure the network. By following a few simple steps, you can delegate your tokens and start benefiting from the staking process.
Acquire Pyth Tokens
The first step in staking PYTH is to get the tokens themselves. You can purchase PYTH on several cryptocurrency exchanges. Always double-check the token symbol to avoid buying the wrong asset. Once you’ve completed the transaction, transfer the tokens to a secure wallet.
Choose a Compatible Wallet
You need a wallet that supports PYTH staking. Set up your wallet and enable multi-factor authentication to keep your assets safe. Make sure you backup your recovery phrase and never share it with anyone. After the setup, transfer your PYTH tokens from the exchange to your wallet.
Connect to the Pyth Network
Once your tokens are safely stored in your wallet, the next step is to connect the wallet to the Pyth Network. Open your wallet interface and navigate to the connected networks section. From there, select the Pyth Network and grant all necessary permissions. This will allow the wallet to interact with the staking mechanisms built into the network.
Delegate Your Tokens
Now you are ready to stake. Delegation is the process of assigning your tokens to a validator. These validators process transactions and maintain network integrity.
- Navigate to the staking or delegation section in your wallet.
- Click on the Delegate option to proceed.
- Browse through the list of available validators.
- Review their performance stats like uptime, rewards rate, and commission fee.
- Choose a validator that has a reliable history and strong reputation.
- Confirm your selection and finalise the delegation process.
Once delegated, your PYTH tokens remain in your control while earning staking rewards. The validator uses your stake to participate in network consensus, and you share in the rewards based on their performance.
Also Read: Where to buy Pyth Network.
Popular video guides on Staking Pyth Network (PYTH)
Best Places to Stake Pyth Network (PYTH)
The Pyth Staking Platform allows users to stake their PYTH tokens to support the long-term stability and governance of the Pyth Network. It runs on the Solana blockchain and uses a native smart contract to manage staking. By locking tokens into the platform, users can earn staking rewards and take part in on-chain voting, helping shape the network’s future while maintaining secure, low-cost transactions through Solana’s efficient architecture.
Pros:
- Users earn rewards while supporting the network.
- Built on Solana, offering low transaction fees.
- Simple user interface suitable for beginners.
- Stakers gain voting rights in governance.
- No minimum staking requirement for participation.
Cons:
- Staked tokens remain locked during the epoch.
- Limited support outside the Solana ecosystem.
- Requires understanding of Solana wallet integration.
- May not suit users seeking daily liquidity.
BitMart operates a robust global cryptocurrency exchange founded in 2017, offering over 1,500 tradable tokens and more than 1,400 trading pairs. It integrates staking, savings, spot, margin, futures and NFT markets into one secure, high‑performance platform. The platform employs a hybrid hot/cold wallet system with multi‑signature controls, backs one‑click staking without minimums or node setup, and supports APYs on coins like Pyth Network.
Pros:
- Offers one‑click, no‑minimum staking with flexibility and no node setup.
- Covers a wide range of cryptocurrencies, including Pyth Network.
- Supports flexible and fixed staking options with clear reward schedules.
- Charges zero staking fees and automatically distributes earnings.
- Includes 24/7 customer support and a responsive trading interface.
Cons:
- Exposure to potential smart contracts or system‑wide risks.
- Pyth staking yields remain modest (around 1 % APY currently).
- Fixed‑term staking locks assets until maturity.
- Support compares less favourably to fully decentralised platforms.
- Gas or network fees may reduce net returns during congestion.
Benefits of Staking Pyth Network (PYTH)
Staking your PYTH tokens offers more than just financial rewards—it gives you a role in supporting the infrastructure that powers decentralised finance (DeFi). Pyth Network connects real-world data with blockchain systems, and staking helps keep this process secure, accurate, and decentralised. If you’re looking to get more involved in the network while putting your tokens to work, here’s how staking PYTH delivers value across several dimensions.
Support Oracle Accuracy and Network Security
Staking on Pyth means more than earning—it means helping secure critical data infrastructure. The Oracle Integrity Staking (OIS) model ensures that publishers on the network deliver timely, accurate data. When you stake your PYTH tokens to a trusted data publisher, you back their reliability. If the publisher provides false or delayed data, they face slashing penalties, keeping everyone accountable. Your stake plays a direct role in making DeFi applications safer and more dependable.
Earn Consistent Passive Income
By staking PYTH, you earn a regular yield from network fees and newly issued rewards. This income gets distributed at the end of every seven-day epoch. Your returns depend on factors like publisher performance and total network participation. Currently, APYs range from roughly 1% to 8%. This structure creates a consistent passive income stream while you retain full ownership of your tokens.
Influence Governance with Your Staked Tokens
Every PYTH token you stake equals one vote in the network’s governance system. Once your tokens complete a one-epoch warm-up period, your voting rights activate. You can vote on critical issues such as protocol upgrades, oracle fees, reward distribution, and which data feeds should be added. Governance is open and fully permissionless, empowering every participant to shape the network’s future.
Contribute to a Stronger DeFi Ecosystem
Staking PYTH also supports the broader DeFi landscape. Pyth Network provides real-time market data to over 90 blockchains, including Ethereum layer-2s and Solana. When you stake, you help ensure the price feeds powering decentralised lending, trading, and derivatives remain accurate and tamper-proof. This enhances the performance and trustworthiness of countless DeFi platforms, multiplying your impact far beyond a single chain.
Frequently Asked Questions
What Wallets Are Recommended For Staking Pyth Tokens?
Lock‑up conditions depend on your chosen staking method. Flexible programs, like Bitrue’s Power Piggy, permit immediate withdrawal with daily accruals. Fixed‑term options require locking your XDC for set periods, such as 30, 60 or 90 days. Masternode staking on Blockdaemon requires longer commitments, typically involving a 10‑million XDC minimum and extended lock‑up. Always verify terms before locking assets.
How Do I Choose a Validator When Staking Pyth?
Selecting the right validator is important for effective staking. When choosing a validator for your Pyth tokens, consider factors such as commission rates, uptime, reputation in the community, and past performance. Validators with high reliability and low downtime ensure consistent rewards. Additionally, supporting smaller or decentralised validators can strengthen the overall network security, reducing the risk of centralisation. Do your research before delegating your tokens to a specific validator.
Is There A Minimum Amount Of Pyth Needed To Stake?
While there is typically no hard minimum enforced by the protocol, you should be aware that network fees and practical limits may affect very small stakes. It’s recommended to stake an amount that makes sense given Solana’s transaction costs and validator requirements. Staking larger amounts may also result in proportionally higher rewards, so consider your overall strategy and wallet balance before deciding how much PYTH to delegate to a validator.
How Are Staking Rewards Calculated On The Pyth Network?
Staking rewards on the Pyth Network depend on several factors, including the total amount staked across the network, the commission rate charged by your chosen validator, and the network’s reward schedule. Validators distribute rewards to their delegators after taking their commission. Rewards can vary over time based on network participation, inflation rates, and changes to protocol parameters, so staying informed about these factors can help maximise your staking returns.
Can I Unstake My Pyth Tokens At Any Time?
Yes, you can choose to unstake your Pyth tokens whenever you wish, but there is often an unlocking period you must observe. This period can range from a few days to weeks, depending on the network’s rules. During this time, your tokens remain locked and cannot be transferred or restaked. Planning ahead is important if you anticipate needing liquidity, so consider the unstaking delay before committing your tokens.
