Pyth Network’s paid data business has grown 8x since January
@PythNetwork, the market data network behind solana:HZ1JovNiVvGrGNiiYvEozEVgZ58xaU3RKwX8eACQBCt3, closed October with $13.67M in annual recurring revenue, up 18.9% from $11.49M in September. That figure, the yearly value of its paid subscriptions, stood at about $1.7M in January.
October brought $2.49M in new yearly revenue, and 44.6% of it came from existing customers spending more. Pyth now counts 332 paying accounts, 63 of them new in October, while revenue from its index products jumped 64% to $2.88M.