TL;DR:
- Proposal OP-PIP-136 commits 100% of revenue generated from Pyth Network’s commercial products to acquire tokens on the open market.
- The network’s active annual recurring revenue reached $11.49 million in September 2026, marking an 86% quarter-over-quarter surge.
- The protocol’s reserve accumulated 42 million tokens after executing the first transactions under the new framework on September 30.
Between Thursday, October 8, and Friday, October 9, the PYTH token posted a cumulative gain of nearly 16%. The rally unfolded after Pyth DAO approved a formal policy allocating all revenue generated by its commercial products toward recurring open-market buybacks of its native asset.
During Thursday’s session, the price climbed 10.04%, followed by an additional 5.70% surge in early Friday trading, hovering around $0.0857 after hitting an intraday high of $0.0878. At the time of writing, the asset was trading near $0.0816. A market report indicates that PYTH remains in an uptrend as it continues trading above its key moving averages.
The measure, officially ratified under community proposal OP-PIP-136, replaces the framework established in December 2025. Under the previous model, the treasury allocated one-third of its non-PYTH balance via independent monthly votes. The new directive sets a standing authorization to deploy fees generated by products such as Pyth Pro, Listing as a Service, Data Marketplace, and Pyth Indices.
Official data highlights that stablecoin revenue received by the DAO is routed to a pre-authorized council. This committee executes open-market buybacks subject to a 5% slippage limit and a maximum order cap of $25,000 per transaction.
Treasury Structure and Key Technical Levels
Pyth Network documentation notes that this accumulation mechanism is not a token burn. Acquired units remain in the community treasury’s custody to fund developers, reward contributors, and sustain ecosystem operations. The operational council remains prohibited from selling, lending, or transferring these assets without an explicit community vote authorizing the transaction.
This financial policy shift aligns with the commercial milestones reported by the organization. Billing logs reveal that monthly purchases shifted from 2.75 million PYTH in March 2026 to 669,662 units in August. According to analysis by Cryptopolitan, this earlier decline stemmed from the relative drawdown of treasury stablecoin reserves alongside an increased share of fees collected directly in PYTH, factors that prompted the transition to a fixed 100% revenue allocation.
On the technical front, price action faces immediate friction zones. Industry observers suggest that the $0.088 to $0.090 range serves as key resistance where traders could look to take short-term profits. If buying volume clears the $0.090 threshold, the bullish leg could extend toward fresh local highs. Conversely, a loss of demand momentum would position initial support near $0.080, with secondary defense levels around $0.074 based on the prevailing market structure.
Purchases executed under OP-PIP-136 will continue to be documented through monthly balance updates and on-chain proofs, with the next treasury purchase audit slated for release in early November 2026.
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