In case you didn't know, you can now get a subscription to the fastest price feeds for just $500 a month, and starting from $2,500 a month, you get access to every possible price feed, including Equities, Futures, Commodities, Rates, Crypto & more (each paid plan comes with a 14-day free trial), all thanks to @PythNetwork .
It’s called Pyth Terminal. To put it simply, Pyth Terminal is like the Spotify of data. For a single flat rate, you get all the assets you need for your trading or for a project that requires the most accurate and high-speed data. Just like Spotify has every music genre from heavy metal to pop, Pyth Terminal has everything from price feeds for salt and cocoa to TSLA, NVDA, and BTC - all bundled into one subscription plan.
What's more, all of this data is sourced from some of the most reliable institutional players in the world, such as @Fidelity , @Revolut ,@euronext , and @Cboe.
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Continuing my tradition of tracking @PythNetwork token buybacks, we can see that from the beginning of May to the end of June 7th, the treasury increased from 12 million to almost 19 million $PYTH tokens. This is an excellent result for the month of May (especially in a market like this).
As mentioned during the recent call with @mdomcahill , by the end of Q3, all major CEXs will be using Pyth Network Price Feeds. Also, this summer, Pyth core will fully transition to a subscription model. This means that to receive data from Pyth Network, users will need to get a subscription and pay for it monthly (yes, yes, before this, many projects were able to use Pyth for free).
What does this mean for us? It means that Pyth Network's revenue will grow exponentially simply because everyone will now have to buy a subscription (and with this subscription, projects will get the most reliable data currently available in the crypto market). In other words, revenue will multiply significantly, which is incredibly exciting.
And remember: it's just price feeds🔮
Continuing its tradition of summarizing @PythNetwork token buybacks at the end of each month, the Pyth Strategic Reserve wallet now holds 11.70M $PYTH.
An excellent result for April — over 2 million tokens were bought back from the market. But there’s another equally important piece of news: Pyth has ended its OIS program:
"OIS token rewards have ended — ~1.93M PYTH/week in emissions stopped on April 22."
Nevertheless, revenue-based buybacks continue as usual.
Why is this good news for token holders?
Because there will now be minimal selling pressure on the token and far fewer incentives to sell than before. At the same time, Pyth token buybacks will keep going and are expected to increase further (they have already grown 3x since the start of the program) thanks to new revenue streams (listing fees, data marketplace, Entropy, Express Relay). All of this with minimal pressure on the order book.
Excellent news for all $PYTH holders. Can’t wait for the market to finally exit this bear phase!
The most important channel for degens uses price quotes from the @PythNetwork, and you still haven’t understood why we’re here?
We’re here so you have the fastest, highest-quality, and most accurate price feeds on planet Earth — in fractions of a millisecond.
Join the cult. Join the Pyth Network and remember: it’s just price feeds🔮
BREAKING: hyperliquid:native IS NOW UP TRIPLE DIGITS THIS YEAR - OUTPERFORMING bitcoin:native, $ETH, solana:So11111111111111111111111111111111111111112, $BNB, AND $COIN (@coinbase), WHICH ARE ALL DOWN DOUBLE DIGITS YTD