The Block|Oct 08, 2026 15:01
THE BLOCK: Pyth Network said its DAO has committed 100% of the revenue it receives from Pyth products to buying solana:HZ1JovNiVvGrGNiiYvEozEVgZ58xaU3RKwX8eACQBCt3 tokens on the open market, up from its previous practice of deploying one-third of its non-PYTH treasury balance each month.
Pyth said its data business reached $11.5 million in annualized revenue in September, up 86% quarter over quarter, while its PYTH Reserve holds about 42 million tokens.
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