Pyth Pro Records $7.49 Million in Annualized Revenue for July, Up 22%
Pyth Network's Pyth Pro recorded an annualized recurring revenue (ARR) of $7.49 million in July, marking a 22% increase compared to the previous month. The new paid subscription ARR exceeded $1.5 million, with 51 customers converting to paid accounts. The total number of paid accounts was reported at 122, and the product catalog grew from 3,391 to 3,501 items. ARR is a metric that annualizes recurring revenue at a specific point in time, and the $7.49 million for July is calculated on an annual basis rather than actual revenue. The total revenue for June was $441,625, which is calculated differently than the July ARR. Pyth Network announced a business restructuring plan in April, stating that it would focus on laser, Pyth Pro, and data marketplace as its core infrastructure. Pyth Pro is an institutional product that provides price feeds for various assets, requiring a data plan for access to the price feed API. The starter plan begins at $500 per month. Pyth Network is set to announce Pyth Reserve in December 2025.
-- Price
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