Pyth DAO has approved proposal OP-PIP-136, authorizing the protocol to use all funds generated from its products to purchase PYTH on the open market and place the tokens into its reserve. The move replaces the previous framework, under which only one-third of the treasury’s non-PYTH balance was allocated for such purchases. The new setup also swaps out the earlier month-by-month proposal voting process for a standing authorization and applies to the treasury’s existing non-PYTH assets as well. Execution parameters remain unchanged, including a 5% slippage cap, a $25,000 limit per trade, and on-chain public reporting. The announcement also included operating figures: Pyth said its annual recurring revenue has reached $11.5 million, up 86% quarter over quarter. Over the past three months, more than 94% of real-world asset perpetuals trading volume used Pyth data, while the PYTH reserve has grown to 42 million tokens.
Pyth DAO has passed proposal OP-PIP-136, approving a new rule that directs 100% of funds generated from its products to buying PYTH on the open market and depositing the tokens into the reserve.
According to the official announcement, the previous allocation was one-third of the treasury’s non-PYTH balance. The approved proposal replaces the earlier monthly proposal-and-vote process with a long-term authorization. It also applies to the treasury’s existing non-PYTH assets.
Execution terms stay the same
The execution framework was left unchanged. That includes a 5% slippage cap, a per-trade limit of $25,000, and on-chain public reporting.
Pyth disclosed revenue and usage figures
Pyth said annual recurring revenue, or ARR, has reached $11.5 million, representing 86% quarter-over-quarter growth. Over the past three months, more than 94% of real-world asset, or RWA, perpetuals trading volume used Pyth data. The PYTH reserve currently holds 42 million tokens.
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