Post by dx010s about Pyth Network ($PYTH)
@dx010sOracle•4
The pivot in $PYTH from subsidizing to subscriptions is coming in, but the scale is not yet there.
Pyth Pro is booking roughly over $500K a month, and 33% of the DAO treasury goes to monthly PYTH buybacks. So far the Reserve has bought tens of million's of PYTH so far. Pyth has said it targets $500M ARR, and Kalshi and Polymarket using Pyth Pro for settlement is a good sign.
Well, what is the path from ~$4M annualized to buybacks that can turn the float over, and who comes after prediction markets?