Pyth Network API overhaul puts unpatched DeFi contracts at risk

Pyth Network is overhauling access to its API, a change that could disrupt smart contracts across about 300 DeFi protocols if they are not updated. According to CryptoSlate, applications that call the API directly will now require API keys. The transition also requires builders in the Sui ecosystem to bring their SDK, endpoint and on-chain package into alignment. The changes create upgrade requirements for developers relying on Pyth Network infrastructure, with unpatched contracts potentially facing a freeze. The report highlights the operational impact of the API transition for protocols and applications using Pyth’s data services. Related crypto assets include PYTH and SUI, while CROSS, NOW and SMART are also associated with the report.