Pyth DAO sends its product revenue share to PYTH buybacks, ending monthly votes
Unchained reported that the Pyth DAO approved OP-PIP-136, sending its whole revenue share from Pyth Pro, Listing as a Service, the Data Marketplace and Pyth Indices into PYTH buys.
Why it matters
The rule ties PYTH Reserve growth to subscription and marketplace income instead of a fixed monthly slice of the non-PYTH treasury, and monthly buys under the old rule had fallen from about 2.75 million PYTH in March to 669,662 in August. Unchained reported that Pyth said overall annual recurring revenue reached $11.5 million in September, up 86% quarter over quarter, but the policy covers only the 60% DAO share from products the DAO owns, and revenue arrives as stablecoins at the Pythian Council Ops Multisig, which converts it into PYTH.
Where the sources disagree
Where the monthly purchase figures came from
Passed on September 24
Crypto News (CryptoNews.net)
Announced by Pyth Network on Oct. 8, with first purchases on Sept. 30
Unchained
Crypto News.net credits a September 9 Ideas Bank post with the March-to-August purchase numbers, while Unchained credits the proposal text authored by KemarTiti.
Key facts
The Pyth DAO approved a proposal directing 100% of the revenue it receives from Pyth's products into open-market purchases of PYTH.
100 %Reported by Unchained
Unchained reported the measure is OP-PIP-136 and that it replaces the monthly purchase votes with one standing authorization and extends the policy to non-PYTH assets the DAO already holds.
Reported by Unchained
The rule covers the DAO's share of revenue from Pyth Pro subscriptions, Listing as a Service, the Data Marketplace and Pyth Indices.
Reported by Crypto News (CryptoNews.net)
Crypto News.net reported the first step under the new policy as a transfer of 323,428 USDC and 90 SOL to the Pythian Council's execution multisig.
323,428 USDCReported by Crypto News (CryptoNews.net)
Monthly PYTH purchases under the old rule fell from about 2.75 million in March 2026 to 1.80 million in June, 1.14 million in July and 669,662 in August.
669,662 PYTHReported by Crypto News (CryptoNews.net)
Pyth said it reached $11.5 million in overall annual recurring revenue in September, up 86% quarter over quarter.
11,500,000 USDReported by Unchained
Pyth said a 60% share of revenue from the products the DAO owns goes to the DAO, and the proposal changes no revenue split.
60 %Reported by Unchained
Crypto News.net dates the vote to September 24 while Unchained dates Pyth Network's announcement to Oct. 8.
Disputed figureReported by Crypto News (CryptoNews.net)
What happened
The Pyth DAO approved a proposal that sends 100% of the revenue it receives from Pyth's products into open-market purchases of PYTH, ending the monthly votes that had governed treasury buys since December 2025. Unchained identified the measure as OP-PIP-136, reported that Pyth Network announced it on Oct. 8 and that the DAO's governance forum lists it as passed; Crypto News.net said it passed on September 24 and was filed by DAO contributor KemarTiti. Under the old rule, OP-PIP-87, one third of the DAO's non-PYTH treasury went into token purchases each month with a separate vote for every transfer, and monthly buys fell from about 2.75 million PYTH in March 2026 to 669,662 in August. The new policy covers the DAO's share of revenue from Pyth Pro subscriptions, Listing as a Service, the Data Marketplace and Pyth Indices, and extends the same treatment to non-PYTH assets the DAO already holds, with a transfer of 323,428 USDC and 90 SOL to the Pythian Council's execution multisig as the first step. Pyth said 60% of revenue from the products the DAO owns goes to the DAO and that the proposal changes no revenue split, so Douro Labs keeps its contractual share; Crypto News.net puts the PYTH Reserve at about 41 million tokens before the Sept. 30 purchases and 42 million on Pyth's live tracker afterwards.
How the story developed
- Resolution
Pyth DAO passes the revenue-funded PYTH buyback proposal
Crypto News.net dates the vote to September 24 and says contributor KemarTiti filed it; Unchained says the governance forum lists it as passed.
- Update
First purchases run under the new rule
Crypto News.net reports the first step as 323,428 USDC and 90 SOL to the Pythian Council execution multisig, and puts Pyth's tracker at 42 million PYTH after the buys.
- Official statement
Pyth Network announces the approval
Unchained reported the announcement dated Oct. 8, citing Pyth Network.
- First report
First report by Crypto News (CryptoNews.net)
Pyth DAO votes to send all product revenue into PYTH buybacks
- Update
Ideas Bank post lists falling monthly PYTH purchases
The post gave about 2.75 million PYTH bought in March 2026, 1.80 million in June, 1.14 million in July and 669,662 in August.
- Update
Crypto News.net publishes the story
First of the two reports in evidence.
- Independent corroboration
Independently corroborated by Unchained
Pyth DAO Approves ‘100% Rule’ Directing Its Share of Product Revenue to PYTH Buybacks
- Update
Unchained publishes an independent account
Adds the proposal number, the 60% DAO revenue share, the unchanged split with Douro Labs and the $11.5 million September ARR figure.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 9 Oct 2026, 05:16 UTC: Crypto News (CryptoNews.net) — 1 independent source, 1 reports
- 9 Oct 2026, 10:22 UTC: Unchained — 2 independent sources, 2 reports
Affected entities
Also mentioned: Commodity Futures Trading Commission
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Crypto News (CryptoNews.net) Aggregator | Pyth DAO votes to send all product revenue into PYTH buybacks | Original | |
| Unchained Crypto media | Pyth DAO Approves ‘100% Rule’ Directing Its Share of Product Revenue to PYTH Buybacks | Independent |
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