Market News / Story
Pyth Network: DAO raises revenue buyback allocation to 100% - 08 Oct 2026
CoinMarketCal ·
CoinMarketCal reports: The Pyth DAO has approved a revenue buyback rule under OP-PIP-136 that directs 100% of funds received from Pyth products to accumulating PYTH in the Reserve, up from 33%. Stablecoin receipts fund open-market PYTH purchases carried out through a pre-authorized council. The higher allocation roughly triples the share of product-revenue funds assigned to purchases. It ties recurring PYTH demand to revenue receipts rather than setting a fixed purchase amount. The scale…