DeFi· ★★★· bullish· October 13, 21:15

Pyth DAO Commits 100% of Revenue to PYTH Buybacks as Q3 Revenue Jumps 86.5%

—Pyth DAO passed OP-PIP-136 on October 8, routing 100% of revenue to monthly PYTH buybacks
—Q3 revenue grew 86.5% to $11.49 million from $6.16 million the prior quarter
—Paying accounts reached 276; the DAO reserve already holds 41 million PYTH
—PYTH rose 15% on October 12, the top gainer among the 100 largest cryptocurrencies

Why it matters: Routing all revenue into buybacks creates steady demand for PYTH and could become a tokenomics template for other data protocols.