Pyth's active ARR at the end of the third quarter reached 11.49 million USD, a month-on-month increase of 86.5%

On October 8, the oracle network Pyth released its third-quarter update: As of the end of the third quarter, the active ARR was $11.49 million, a quarter-over-quarter increase of 86.5%, driven by exchanges, prediction markets, and AI; the net new ARR for the third quarter was $5.33 million. By the end of September, Pyth Pro had an operating ARR of $9.68 million, Pyth Indices had $1.81 million, covering 16 active clients, with a total of 276 paid accounts across all services, and terminal self-service contributed $500,000 in new ARR in September.

In terms of exchanges, the trading volume of the real-world asset perpetual market in the third quarter was $2.09 trillion, with Pyth-supported venues accounting for 94.1%. Coinbase uses Pyth data to support the continuously priced thematic market, and the index calculated with Pyth data supports the listing of stock index futures on Coinbase Derivatives; Trade[XYZ], OKX, and Lighter also use Pyth's Pro and Indices data. In the prediction market sector, Kalshi uses Pyth prices to cover the stock and commodity markets and listed Pyth as the sole data source for gold and silver perpetuals on its CFTC-registered exchange in its September filing; Pyth also provides data for Polymarket's real-world asset market.