pycrdt is a Python library providing bindings for Yrs, the Rust port of the Yjs CRDT framework. It enables real-time collaborative editing by offering shared data types (Text, Array, Map, XmlFragment, etc.) that automatically merge concurrent modifications across distributed replicas. The library implements a full transaction system, event observation, document synchronization protocols, awareness management, undo/redo functionality, snapshots, and typed containers with static type analysis support. The architecture is a hybrid Python/Rust package using PyO3 for the FFI layer, with the heavy lifting done in the `yrs` Rust crate. The Python layer provides clean, idiomatic interfaces with both synchronous and async APIs, leveraging `anyio` for async transaction and event handling. The library is well-tested with 100% code coverage, includes extensive documentation, and follows modern packaging practices with `maturin` for building and publishing. It is suitable for building collaborative applications such as real-time text editors, whiteboards, or any multi-user data-sharing system.