• Pyth’s average daily price updates increased 31.4% QoQ from 675,100 in Q3 to 886,700 in Q4. • Cumulative price updates reached 907.1 million at the end of Q4, up 10.3% QoQ from 822.0 million. • In Q4, Pyth’s total value secured (TVS) decreased 32.1% QoQ from $6.2 billion at Q3-end to $4.2 billion at Q4-end, in line with TVS declines across all major oracle networks in Q4. • Pyth price feed listings increased 27.0% QoQ to 2,850 at Q4-end from 2,250 at Q3-end, contributed in part by the Oct. • 13 partnership with Kalshi to publish prediction market data onchain. • 24, Pyth launched Pyth Pro, a data service for institutions that provides 1ms updates across all Pyth price feeds.
Article Summaries:
- State of Pyth Q4 2025
Pyth’s average daily price updates rose 31.4 % QoQ to 886,700, with cumulative updates reaching 907.1 million, up 10.3 % from Q3. However, total value secured (TVS) fell 32.1 % QoQ to $4.2 billion, mirroring declines across major oracle networks. Price‑feed listings grew 27 % to 2,850, aided by a partnership with Kalshi to publish prediction‑market data on‑chain. Pyth Pro launched on Sept. 24, generating $352,600 in Q4 revenue. On Dec. 12, the DAO introduced the Pyth Reserve, allocating 33 % of monthly revenue to buybacks, and executed its first purchase of 2,157,100 PYTH on Jan. 5.
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