86% ARR growth will help $PYTH buybacks 🐂
Pyth has the business update crypto infra tokens rarely get to show. $RENDER has the AI compute and infrastructure crowd, but every automated financial system still needs reliable market data before it can touch real markets.
Pyth ended Q3 at $11.49M ARR.
That is up 86% from Q2, with $5.33M in net new ARR added during the quarter.
Pyth Pro reached $9.68M ARR.
Pyth Indices reached $1.81M ARR.
The business now has 276 paying accounts.
Then the DAO added the part token holders care about: 100% of the funds it receives from Pyth products now buys PYTH on the open market.
That makes the quarter feel different.
It is not only growth.
It is growth paired with a stronger token accumulation rule.
The wider proof keeps stacking too.
Nasdaq Basic through Pyth Data Marketplace.
$2.09T in Q3 RWA perp volume, with 94.1% on Pyth-powered venues.
Kalshi, Polymarket and Coinbase using Pyth across real-world market products.
42M PYTH already in the Reserve.
This is the kind of quarter that makes the old “just an oracle” label feel stale.
#Altcoin Season#
Pyth has the business update crypto infra tokens rarely get to show. $RENDER has the AI compute and infrastructure crowd, but every automated financial system still needs reliable market data before it can touch real markets.
Pyth ended Q3 at $11.49M ARR.
That is up 86% from Q2, with $5.33M in net new ARR added during the quarter.
Pyth Pro reached $9.68M ARR.
Pyth Indices reached $1.81M ARR.
The business now has 276 paying accounts.
Then the DAO added the part token holders care about: 100% of the funds it receives from Pyth products now buys PYTH on the open market.
That makes the quarter feel different.
It is not only growth.
It is growth paired with a stronger token accumulation rule.
The wider proof keeps stacking too.
Nasdaq Basic through Pyth Data Marketplace.
$2.09T in Q3 RWA perp volume, with 94.1% on Pyth-powered venues.
Kalshi, Polymarket and Coinbase using Pyth across real-world market products.
42M PYTH already in the Reserve.
This is the kind of quarter that makes the old “just an oracle” label feel stale.
#Altcoin Season#