Pyth Network launches PYTH reserve mechanism, using protocol revenue to buy tokens monthly

According to news from HashChain, Pyth Network announced the launch of the PYTH reserve mechanism, which allocates protocol income for monthly purchase of PYTH tokens, directly linking product adoption with network value. It is understood that Pyth Network, as a vital part of financial infrastructure, has supported over $2.3 trillion in cumulative trading volume. The new mechanism aims to promote sustainable value growth. The PYTH reserve, managed through DAO treasury, allocates one-third of funds each month to buy PYTH tokens on the open market, combined with quarterly pricing optimization strategies to ensure revenue growth directly translates into token buy pressure. Pyth’s economic engine is driven by four major products: Pyth Pro, Pyth Core, Entropy, and Express Relay, covering traditional and on-chain markets. It is expected that future revenue sources will further expand. The official statement indicates that financial institutions spend $50 billion annually on market data. Pyth Pro, offering transparent subscriptions and high-frequency data updates, aims to capture at least 1% of the market share, achieving an annual revenue target of $500 million, and continuously driving PYTH reserve growth.

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