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CryptoMediumUpdated•Originally published 9 October 2026•Updated 9 October 2026•
1 min read

PYTH Surges 14% as Pyth DAO Approves 100% Revenue Buyback Policy

Key Facts

1Pyth DAO approved allocating 100% of eligible product revenue toward monthly PYTH token buybacks.

The PYTH token price surged 14% following approval from Pyth DAO to allocate 100% of eligible product revenue toward monthly PYTH token buybacks. Tokenpost reported that the governance decision directs funds from products including Pyth Pro subscriptions, Listing as a Service, and Pyth Indices into the project’s reserve.

Future buying capacity will depend on eligible receipts, with stablecoin funds used for open-market purchases while PYTH receipts are added directly to the reserve. According to Tokenpost, the protocol's annual recurring revenue reached $11.5 million in September 2026, up from $10.4 million in August 2026, supported by 129,265 monthly active users.

Latest Updates · 1

  1. Notable·

    Update: Data shows a decline in the protocol's monthly PYTH token purchases, falling from approximately 2.75 million tokens in March 2026 to 669,662 tokens in August 2026. This downward trend in buyback volumes preceded the latest decision to allocate 100% of revenue toward supporting market purchases.