Pyth Network has reported a major expansion across two key fronts: a new DAO treasury policy and record quarterly activity in real-world asset perpetuals. According to official announcements on October 14 and 15, 2026, the protocol’s 100% Rule is now active, requiring every dollar received by the DAO to be used directly to purchase PYTH tokens. The network said this mechanism contributed to an 86% increase in annual recurring revenue, while strengthening token demand and liquidity.
The following day, Pyth Network disclosed that Q3 was its largest quarter yet for RWA perpetuals, with cumulative trading volume reaching $2.16 trillion. Open interest climbed 79% to a record $12.6 billion, while $2.04 trillion was priced by Pyth. The protocol said the data underscores its growing role as a decentralized price oracle for RWA markets.
The combination of DAO-driven token purchases and rising usage metrics could increase investor attention ahead of the upcoming Pyth Connect event. The network provides real-time market data and pricing feeds to decentralized applications, and the new treasury structure is designed to directly convert incoming revenue into PYTH demand. Traders and analysts are watching whether the improved ARR and record open interest translate into higher liquidity and broader institutional engagement in the RWA sector.
