Pyth Network
PYTH#84PYTH is the governance and staking token of Pyth Network, an oracle feeding real-time prices to blockchains.
- Market cap
- $613.29M
- Volume 24h
- $23.56M
- All-time high
- —
- Circulating supply
- 7.87B of 10B
Passes our 8 Shariah criteria. Needs caution: business model and usage.
- 6 pass
- 2 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
AI Insight
Fundamentals: Strong
Pyth is a widely used price oracle with growing subscription revenue and a fixed 10 billion supply, but about 21% of supply is still locked until May 2027 and its staking backstop has never been tested.
Reviewed every 3 months and on major eventsNews: Positive
Pyth announced a shift to a revenue-based model with an end to staking reward emissions, alongside a Nasdaq data deal and growing recurring revenue.
Reviewed monthly and when something material happens- NeutralPyth plans to retire Pythnet and end Oracle Integrity Staking reward emissionsThe network moves to Lazer infrastructure, and reward emissions end under OP-PIP-103 while staking and slashing stay; Pyth frames this as a move from emissions to revenue flows, with the PYTH Reserve having acquired about 12 million PYTH.
- PositivePyth becomes an external distributor of Nasdaq Basic market dataA licence to redistribute Nasdaq equity data extends Pyth beyond crypto prices into traditional market data, a potential source of paid demand.
- PositivePyth reports $10.4M of annual recurring revenue for August 2026Gross new ARR was $2.9M in the month, with Pyth Indices at $1.59M of ARR; revenue funds monthly PYTH Reserve purchases, so its growth matters for the token.
Price & market
PYTH trades around $0.0744, inside its current zone of $0.0725–0.0762, after a sharp rise over the past month and week. The trend is up and the fundamentals are strong, with wide use of the oracle and growing subscription revenue. The price is now high in its yearly range and far above its 50-day average: the upside to $0.084 (+12.9%) is less than half the downside to $0.0518 (−30.4%). The near-term picture calls for caution, while the long-term picture stays attractive. A calmer level would be the $0.0597–0.0634 interest zone.
- Review level
- $0.0518
AI-assisted analysis. Not investment advice.
Technical analysis
4HThe trend and key levels appear once 200 candles close. About 6 days to go.
Where it trades
Section in preparation
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