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OKX lists Pyth Network (PYTH) as retrospective airdrop expands to over 90K wallets

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on Nov 16, 2023
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  • OKX and HTX have announced the listing of Pyth Network’s native token for spot trading.
  • Pyth Network has expanded its retrospective airdrop for DeFi users to over 90K wallets.
  • The airdrop claim will open on Monday, November 20 at 2pm UTC.

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OKX stated in an announcement published on Thursday that PYTH deposits would open on November 16, 2023 at 2:00 pm UTC. The exchange will list the PYTH/USDT pair. However, the exchange will make a separate announcement for when spot trading begins.

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Apart from OKX, crypto exchange HTX has also announced PYTH listing. HTX (formerly Huobi), will list PYTH on November 20, 2023 with spot trading for PYTH/USDT available “when the deposit volume meets the demand of market trading.” An official announcement to this effect will be made in advance, the exchange said.

However, PYTH deposits on Huobi opened on November 15 at 15:00 (UTC), while withdrawals will be enabled on November 21 at 14:00 (UTC).

The exchange listings for Pyth Network come ahead of the platform’s retrospective airdrop. Pyth is a price feeds oracles and market data for smart contracts protocol that allows applications to “pull” prices on-chain, enabling public access and use.

Over 90k wallets to benefit from Pyth airdrop

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The Pyth Network (PYTH) team, which announced a retrospective airdrop for decentralised finance (DeFi) users cutting across 27 blockchains earlier this month, has expanded the offering to include more users.

According to an update, the highly anticipated airdrop will cover users of over 200 dApps on Ethereum, Polygon and Cosmos among others. Eligible DeFi participants have however expanded from 75,000 wallets to over 90,000 wallets.

The Pyth Network team says other than the airdrop now covering more DeFi users, there could be increased allocations for existing eligible wallets.

This comes as the platform increases the provisional allocation from the 200 million PYTH tokens previously announced to 255 million PYTH. The allocation includes an additional 55 million tokens added to what had been earmarked for DeFi participants.

Users can start the claim process for the retrospective airdrop when it opens on Monday, November 20 at 2pm UTC. Per an announcement from Pyth Network today, the claim process will remain open for 90 days. Users will then be able to access the airdrop claim page until February 18, 2024.

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