DeFi· ★★★· bullish·

Pyth Network reports $11.5M annual recurring revenue at end of Q3

  • —ARR rose to $11.5M from $6.2M in the prior quarter
  • —Quarter-over-quarter growth reached 86%
  • —Pyth DAO allocates 100% of revenue to operations
Why it matters: Revenue growth at the data oracle signals steady demand for DeFi infrastructure and could draw partners and investors.
#PYTH
Source: Coinfomania
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