Pyth DAO has approved OP-PIP-136, committing all revenue generated from Pyth products to buying PYTH on the open market and adding the tokens to its reserve. The change replaces the previous framework, under which one-third of non-PYTH balances was used for purchases. It also swaps out the DAO’s earlier process of separate monthly votes for a standing authorization.
According to the Pyth blog, the new mandate covers revenue from Pyth Pro subscriptions, Listing as a Service, the Data Marketplace, and Pyth Indices. Non-PYTH assets already held by the DAO are included as well. The blog said PYTH reserves have reached 42 million tokens so far, and the first purchases made under the new authorization were executed on Sept. 30.
The post also gave an updated business metric: Pyth’s total annual recurring revenue, or ARR, hit $11.5 million in September 2026, up 86% from the prior month. Execution guardrails were left unchanged, including a 5% slippage cap, a $25,000 limit per trade, on-chain disclosure, and monthly reporting.
Pyth DAO has passed OP-PIP-136, a proposal that commits 100% of revenue from Pyth products to buying PYTH on the open market and adding those tokens to reserves, according to the project’s official blog. The previous policy directed one-third of non-PYTH balances to the same purpose.
What the new authorization covers
The proposal replaces the DAO’s prior system of separate monthly votes with a standing authorization. It covers Pyth Pro subscriptions, Listing as a Service, the Data Marketplace, and Pyth Indices. Non-PYTH assets already held by the DAO are also included.
Reserve size and first purchases
PYTH reserves have reached 42 million tokens so far. The first purchases under the new authorization were executed on Sept. 30, the blog said.
ARR and execution limits remain in place
Pyth’s total ARR reached $11.5 million in September 2026, up 86% month over month. The execution constraints were left unchanged, including a 5% slippage cap, a $25,000 limit for each trade, on-chain disclosure, and monthly reports.
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