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Forwarded from CryptoDiffer News

Pyth Now Spends 100% of Revenue on PYTH Buybacks

Pyth DAO approved the 100% Rule: every dollar it receives from Pyth products now buys PYTH on the open market, up from a third of its treasury balance each month.

Under OP-PIP-136, one standing authorization replaces the monthly votes. The DAO gets 60% of revenue from Pyth Pro, Indices, Listing as a Service and the Data Marketplace. Pyth ended Q3 at $11.5M in active ARR, up 86% quarter over quarter, and Pyth-powered venues handled 94% of the $2.09T RWA perp volume.


The PYTH Reserve already holds 42M PYTH, and the token is up about 16% in the past 24 hours, per CoinGecko.

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