Pyth Network price feeds went down for more than five hours, disrupting DeFi oracle data

Pyth Network suffered a major outage that took down its core price feeds and sponsored feeds for over five hours. The disruption affected Pythnet and Hermes infrastructure used to supply real-time oracle data to DeFi protocols, and validators were coordinating a restart after the root cause was identified.
AI Analysis
The article reports a multi-hour outage of core price feeds and oracle infrastructure used by DeFi protocols, which is a direct operational disruption. This is negative for Pyth Network and relevant to short-term trading because it affects service reliability and protocol functioning.