Topic Archive

#decentralized oracle

2 Stories Found

Coins•Oct 9, 2026

Pyth Network Price Jumps 14%: Why PYTH Is Surging

Key Highlights The Pyth DAO has officially passed proposal OP-PIP-136, committing 100% of DAO-received revenue from qualifying data products directly into purchasing and accumulating $PYTH for its treasury reserve. Pyth Network reported a surge in third-quarter annual recurring revenue (ARR) to $11.5 million—an 86% quarter-over-quarter increase—alongside 276 paying institutional and market data clients. Following the ...

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Coins•Oct 8, 2026

Altcoin Surges Against Market Downturn Following Major Token Buyback Announcement

Key Highlights: The Pyth Network DAO has approved proposal OP-PIP-136, establishing the “100% Rule” to allocate all protocol revenue toward accumulating $PYTH reserves. Under the new mechanism, non-$PYTH revenue entering the treasury will be used to buy back $PYTH directly from the open market via an authorized council. The overhaul replaces an earlier framework that ...

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