$PYTH Last night, Pyth officially gained access to real-time stock and ETF data from five exchanges under the NYSE, but the token’s price didn’t rise significantly on the news.
Pyth had already secured Nasdaq data distribution rights, and has now added NYSE BQT, covering real-time bid and ask quotes and trade information. This means developers can access data from both major exchange groups through the same data marketplace.
This wasn’t just a partnership memorandum—the data service is already live. Pyth previously reported annualized recurring revenue of about $13.67 million in October, up 18.9% from September.
But there’s one issue we can’t ignore: revenue growth doesn’t mean direct dividends for PYTH. Protocol revenue can be used by the DAO treasury to buy tokens, but how much sustained buying pressure that actually creates will depend on revenue allocation and buyback execution.
I wouldn’t chase the price just because the NYSE name is involved. The product is indeed being rolled out, but the market is clearly still waiting for revenue to translate into actual demand for the token.
#CPI高于预期，美股与BTC再度承压