Pyth DAO Approves "100% Rule" to Use All Product Revenue for PYTH Buybacks

On October 8, official disclosures revealed that the decentralized autonomous organization Pyth DAO has passed Proposal OP-PIP-136, deciding to allocate all (100%) funds generated from its products toward purchasing PYTH on the open market and depositing them into the reserve pool, whereas previously this ratio was set at one-third of the non-PYTH vault balance. The proposal replaces the previous monthly proposal voting process with a long-term authorization, which also applies to the vault's existing non-PYTH assets. Execution rules remain unchanged, including a maximum 5% slippage cap, a per-transaction limit of $25,000, and on-chain public reporting.

Data shows that Pyth's overall Annual Recurring Revenue (ARR) has reached $11.5 million, marking an 86% quarter-over-quarter increase. Over the past three months, more than 94% of the trading volume for Real World Asset (RWA) perpetual contracts has utilized Pyth data. As of now, the reserve pool holds 42 million PYTH tokens.