Pyth DAO approves 100% of its product revenue for PYTH buybacks
Image: UnchainedThe Pyth Network DAO passed proposal OP-PIP-136, nicknamed the "100% Rule," in early October 2026. The policy directs 100% of the DAO's eligible product revenue to open-market PYTH buybacks, replacing the prior monthly capped vote framework. Pyth's annual recurring revenue reached $11.5 million in September, an 86% quarter-over-quarter increase, with the DAO receiving roughly 60% of that revenue. The DAO's PYTH Reserve holds approximately 41 to 42 million PYTH tokens.
Key points
- Pyth DAO approved OP-PIP-136, directing 100% of its eligible product revenue to open-market PYTH buybacks.
- The policy replaces the prior framework that required monthly votes for buybacks capped at one-third of the DAO's non-PYTH treasury.
- Pyth's annual recurring revenue hit $11.5 million in September, up 86% quarter-over-quarter.
- The DAO receives roughly 60% of Pyth's product revenue to fund its buyback program.
Why it matters
The policy ties PYTH buyback funding directly to Pyth's growing product revenue, creating a consistent on-chain buy pressure source. The DAO's PYTH Reserve holds over 41 million tokens from prior buyback rounds.
What's unclear
The exact size of the DAO's PYTH Reserve is listed as both 41 million and 42 million in official Pyth communications
Price context · PYTH
At publication
$0.0842
Now
$0.0841
Change since
−0.12%
7 days · dashed line = publication
Sources · 2 publishers
Unchained
Tier 1
Pyth DAO Approves ‘100% Rule’ Directing Its Share of Product Revenue to PYTH Buybacks
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by Unchained
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error