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CryptoMediumUpdated•Originally published 8 October 2026•Updated 8 October 2026•
1 min read

Pyth DAO Approves 100% Product Revenue Allocation for PYTH Buybacks

Key Facts

1Pyth DAO approved a policy directing all product revenue to open-market PYTH purchases.
2The DAO's annual recurring revenue reached $11.49 million at the time of the policy approval.

Pyth DAO approved a new policy directing 100% of product revenue toward open-market purchases of the PYTH token. Tokenpost reported that this mechanism replaces a previous treasury-based system, aiming to align protocol growth with token value by creating consistent buying pressure.

The DAO's annual recurring revenue reached $11.49 million at the time of the policy approval in late September 2026. According to the reported figures, the 100% allocation rule applies specifically to the DAO’s share of product revenue rather than the protocol's total revenue, occurring as the network reached 276 paying accounts.

Latest Updates · 1

  1. Notable·

    Update: The PYTH token price reacted positively to the decision, rising more than 12% to break above $0.086 on October 8, 2026. This price movement followed the formal approval of the buyback proposal aimed at bolstering the token's market value.