Abstract
Adjust protocol fees on Pyth Entropy across 15 active EVM chains as outlined in the Q2 2026 — Pyth Entropy Onchain Fees ( Q2 2026 — Pyth Entropy Onchain Fees ) discussion.
HyperEVM & Zetachain are not in proposal (unchanged per discussion — already at target).
Rationale
Following the mandate from OP-PIP-87 ( [PASSED] OP-PIP-87: PYTH Token Phase 2 — $PYTH Strategic Reserve ) and the Pyth Token Phase 2 discussion ( Pyth Token Phase 2 ), the Pythian Council is responsible for implementing on-chain fees for Pyth products on a quarterly basis.
In Q1 2026, OP-PIP-94 ( [PASSED] OP-PIP-94: Q1 2026 Entropy Protocol Fee Implementation ) activated DAO-owned protocol fees on Entropy for the first time. Token price movements have since caused fees to drift below the ~$0.01 USD target on most chains. This proposal re-calibrates fees to maintain the intended price floor.
The fee structure follows three principles:
- $0.01 USD minimum — Protocol fees should be at least $0.01 per request
- No decreases — We don’t reduce fees from Q1 levels
- Activity-aware — Inactive chains (Sanko, B3) are excluded
Fee Schedule
| Token | Price | Fee | USD Value |
|---|---|---|---|
| ETH | $2,312 | 0.000005 | ~$0.012 |
| APE | $0.17 | 0.05 | ~$0.009 |
| BERA | $0.37 | 0.025 | ~$0.009 |
| XTZ | $0.36 | 0.03 | ~$0.011 |
| HYPE | $41.17 | 0.0004 | ~$0.016 |
| KAIA | $0.045 | 0.22 | ~$0.010 |
| MON | $0.03 | 0.37 | ~$0.011 |
| SEI | $0.058 | 0.2 | ~$0.012 |
| S | $0.043 | 0.25 | ~$0.011 |
| IP | $0.50 | 0.02 | ~$0.010 |
| ZETA | $0.06 | 0.2 | ~$0.012 |
Implementation
Proposal ID: Pyth Network
The proposal executes a governance action that calls setPythFee(uint128 newPythFee) on each chain’s Entropy contract via the Wormhole executor.
Verification
To verify this proposal:
- Clone the pyth-crosschain repository and install dependencies:
git clone GitHub - pyth-network/pyth-crosschain: Crosschain Pyth programs and utilities · GitHub
cd pyth-crosschain
npm ci && npx lerna run build
-
Review the fee configuration file at contract_manager/scripts/entropy_fee_config_q2_2026.json — this contains all chain IDs, Entropy contract addresses, and fee amounts in wei.
-
Verify the proposal payload by running:
cd contract_manager
npx ts-node scripts/check_proposal.ts --cluster mainnet-beta --proposal <proposal_id>
- Cross-reference the fee amounts with the Q2 2026 — Pyth Entropy Onchain Fees ( Q2 2026 — Pyth Entropy Onchain Fees ) discussion to confirm they match the approved values.
- Verify the Entropy contract addresses against the official Entropy chainlist ( Chainlist and Fee Details | Pyth Developer Hub ).