Pyth DAO Approves Using All Future Product Revenue to Buy PYTH

Pyth DAO approved a policy directing all future revenue generated by Pyth products to open-market purchases of PYTH, making token buybacks the full use of that revenue stream.

The rule increases the allocation from the previous policy, which directed one-third of non-PYTH asset balances toward buybacks. The new policy sets the share at 100%, a threefold increase in the portion committed to purchases.

Pyth's annualized recurring revenue reached $11.49 million at the end of September, up 86.5% from the prior quarter. The network added $5.33 million in net annualized recurring revenue during the third quarter.

Pyth data supported $2.09 trillion in third-quarter trading volume for real-world asset perpetual contracts, representing 94.1% of that market. The network also provided data to prediction-market platforms including Kalshi and Polymarket and is testing financial-data infrastructure for artificial intelligence agents through real-time prices, historical data and candlestick data.