CryptoMedium•9 October 2026•
1 min read
PYTH Surges 16% as Pyth DAO Approves 100% Revenue Buyback Policy
Key Facts
1Pyth DAO approved proposal OP-PIP-136, committing 100% of commercial product revenue to acquire PYTH tokens on the open market.
2Pyth Network's active annual recurring revenue reached $11.49 million in September 2026, an 86% quarter-over-quarter surge.
Pyth DAO approved proposal OP-PIP-136, committing 100% of commercial product revenue to acquire PYTH tokens on the open market. According to crypto-economy.com, the move triggered a 16% price rally as the policy directly links the network's financial performance to token demand.
Pyth Network's active annual recurring revenue reached approximately $11.49 million in September 2026, marking an 86% surge over the previous quarter. This revenue growth precedes the implementation of the new buyback mechanism designed to create consistent buy-side pressure on the token.