MrNasdogMy Portfolio

Pyth Network

PYTH · Oracle
Checked
Oct 11 2026
The big picture
6 / 10Total score0510
Supply + DemandMax. 10

Supply ↘

4.5/5
Flat
#1#101
Supply rank
Now #8

Demand ↘

1.5/5
Very weak
Social rank · 12m
Now #70

Price Drivers ↘

Beta
2 drivers
▲ 1 price up
▼ 1 price down
Hold PYTH? We'll warn you first.
Free · 2 coins

Coming next

No single dated event in the next 90 days.

Research by MrNasdogToken Supply ranking →
Metric 1 of 3

PYTH · Coin Supply

Nothing new until May 2027. Buybacks are held, not burned.

4.5 / 5Flat
Age5.5 yearssince Apr 2021
Unlocked78.7%of total supply
Last 90 days0.00%new supply
Next 90 days0.00%estimate

PYTH runs the Pyth Network price oracle: 7.87B of 10B coins circulate. Nothing can be minted, and the last locked 2.125B opens May 20 2027.

Sell pressure. No new PYTH entered the market in 90 days: no minting, no staking pay, and no unlock until May 2027.

Buy pressure. The DAO bought back 4.40M PYTH but keeps it in its treasury, so the float stays the same. Holders burned only 22,189 PYTH.

Net. Net, supply is flat: 0.00% both ways.

Inflation
Last 90 Days
0.00%
checked · Oct 8 2026
Net flow: 0.00% of supply stays in the market (roughly neutral) over 90 days
Next 90 Days
0.00%
estimate
Net flow: 0.00% of supply stays in the market (roughly neutral) next 90 days
Mixed flows · supply roughly steady
Sell pressure
1. Protocol inflation
0

No new PYTH can ever be made. The power to mint was switched off for good on-chain, so the 10B cap is hard. There are no staking rewards either: the old staking-reward program was paused in April 2026, and its last 849,208 PYTH went back to the DAO treasury on Jul 23 2026.

permanent · no change
2. Vesting unlocks
0

PYTH unlocks in four equal blocks of 2,125M, 6, 18, 30 and 42 months after the Nov 2023 launch. Three have opened; the third came in May 2026, before this window. The last block of 2,125M (21.25% of all PYTH) opens on May 20 2027, outside the next 90 days, so this row is 0 both ways.

checked · Oct 8 2026
3. Foundation + unscheduled unlocks
0

Tracked holders: the DAO treasury holds 41.09M PYTH (it only received coins this window, none went out), the Council buying wallet holds 1.06M PYTH waiting to go back to the treasury, and 5.46M PYTH of publisher rewards sit in lock accounts until mid-2027. All of these coins already count as circulating, so a move or sale from them adds nothing new. The real overhang is the 2,125M locked block above.

checked · Oct 8 2026
4. Long-term locked or bankruptcy
0

No estate, trustee or court payout holds PYTH. The only locked coins are the scheduled May 2027 block.

checked · Oct 8 2026
Buy pressure
1. Programmatic buyback
0

The Pyth DAO turns its share of Pyth's revenue into PYTH every month: 4.40M PYTH came back to the treasury this window (1.14M on Aug 3, 670K on Sep 2, 2.58M on Oct 1 2026). Since Sep 2026 all of its cash goes to buying, and a vote posted Oct 7 2026 would send about $851K more. But the coins are kept in the DAO treasury, which counts as circulating, so they leave nobody's float — this books 0.

checked · Oct 8 2026
2. Protocol fee burn
~22.19K PYTH

Pyth burns no fees; its fees are paid to the DAO in dollars and SOL. The only PYTH destroyed is what holders burn themselves, mostly small leftovers when wallets are cleaned up. Summed burn by burn over the window: 22,189 PYTH in 345 transactions, and two holder burns made up most of it: 13,174 PYTH on Aug 7 2026 and 7,096 PYTH on Aug 27 2026. The forward figure keeps the same amount.

checked · Oct 8 2026
3. Foundation buy
0

No Pyth company or foundation buys PYTH on the market; the only buyer is the DAO reserve in row 1.

checked · Oct 8 2026
4. New long-term lock
0

Holders can still stake PYTH to vote, and about 5.46M PYTH of publisher rewards were placed in one-year locks. Staked and locked-reward coins still count as circulating, so neither takes anything out of the float.

checked · Oct 8 2026
Supply check · sell, buy & net
 
Last 90D
Next 90D
Sell total (M PYTH)
0.000
0.000
Buy total (M PYTH)
0.022
0.022
Sell % of circ
0.000%
0.000%
Buy % of circ
+0.000%
+0.000%
Net inflation %
-0.000%
-0.000%
Circulating supply: 7874.959M PYTH
Read the full Inflation Analysis
PYTH: no new coins until the last unlock in May 2027, and the DAO keeps what it buys.
Long-form mechanism walk. ~5 min.
Metric 2 of 3

PYTH · Coin Demand

Two sides: how much people want PYTH right now, and how much buying could come later.

1.5 / 5Very weak

Current demand1 / 2.5

This part is based on social media. It shows how hot PYTH is right now. A better rank means more people are talking about it.

PYTH on social mediaIts rank among the 110 coins we follow · last 12 months · #1 = most talked about
#75 · Oct 7 2026

Today, people are talking about PYTH for two reasons:

  1. 1
    Pyth DAO now sends its revenue into buying PYTH.

    Around Oct 8 2026 news spread that the Pyth DAO passed OP-PIP-136, which lets the DAO's share of product revenue be used to buy PYTH every month without a new vote each time, and the bought PYTH may not be sold. PYTH rose about 13% on Oct 8 2026. People ask how much PYTH this money can really buy each month.

  2. 2
    Pyth reports $916,000 of revenue for September.

    On Oct 5 2026 Douro Labs reported $916,471 of gross revenue from Pyth Pro, listings and indices for September, with $553,693 going to the Pyth DAO. Pyth was also approved to distribute Nasdaq's real-time US stock quotes. People ask if this revenue can keep growing fast enough to matter for a big token supply.

Checked Oct 11 2026

Metric 3 of 3

PYTH · Price DriversBeta

The few things that can move PYTH's price that supply and demand miss.

1 · Wall Street users

New
More big firms sign → price upnowFirms walk away → price down
  1. Aug 28 2025US GDP data via Pyth
  2. Sep 23 2025Pyth Pro launches
  3. Apr 9 2026Fidelity, Tradeweb join
  4. Apr 22 2026Kalshi uses Pyth prices
  5. Jun 30 2026Nasdaq TotalView on Pyth
  6. Aug 26 2026Paid API keys required
  7. Sep 22 2026Nasdaq Basic distributor
  8. Today

Nasdaq, Fidelity and Kalshi all signed on in 2026

Data
DateWhat happened / what is coming
Aug 28 2025US GDP data via Pyth
Sep 23 2025Pyth Pro launches
Apr 9 2026Fidelity, Tradeweb join
Apr 22 2026Kalshi uses Pyth prices
Jun 30 2026Nasdaq TotalView on Pyth
Aug 26 2026Paid API keys required
Sep 22 2026Nasdaq Basic distributor
Checked Oct 10 2026

2 · PYTH staked

Quiet
More PYTH locked → price upStakers pull out → price downnow
PYTH staked
00.511.52202420252026Big drop1.12B PYTH
00.511.52202420252026Big drop1.12B PYTH

Staked PYTH fell about 17% since Mar 31 2026

Data
DatePYTH staked
Jul 31 20261.13 B PYTH
Aug 31 20261.13 B PYTH
Sep 30 20261.12 B PYTH
Oct 10 20261.12 B PYTH
Checked Oct 10 2026

Should you buy PYTH? Questions about PYTH

Should I enter Pyth Network right now?

Supply and demand point to a mixed long-run signal for Pyth Network (Oct 11 2026, score 6/10). Pyth Network adds 0.00% new supply in 90 days, and demand reads very weak (1.5/5). Pyth Network's price drivers: 1 ▲ price up, 1 ▼ price down.

Pyth Network vs Chainlink: which oracle token looks better?

They tie at 6/10 on Oct 10 2026, for opposite reasons. Chainlink has top demand (5/5) but heavy supply, +9.36% in a year. Pyth Network's demand is very weak (1.5/5) and its supply jumps 26.98% over the next year. Chainlink is about 20 times bigger. That leaves Pyth Network's long-run signal at mixed, by supply and demand.

Does Nasdaq signing on help Pyth Network's token?

It helps the story. Nasdaq, Fidelity and Kalshi all signed on to Pyth Network in 2026. The token side lags: staked PYTH fell about 17% since Mar 31 2026, and supply grows 26.98% over the next year. Our supply-and-demand read for Pyth Network stays mixed.

Could Pyth Network ever hit $5?

Pyth Network trades near 7.17 cents (Oct 11 2026). $5 a coin means a $39.4B market cap, 70 times today's $565M. Pyth Network's supply also grows +26.98% in the next year, so every extra coin needs buyers too. For Pyth Network, the supply-and-demand signal is mixed right now.

When should I sell Pyth Network?

We would read Pyth Network differently if new supply jumps (today 0.00% in 90 days), or demand falls from very weak, or PYTH staked keeps pointing down. Until then Pyth Network's signal stays mixed.

Is Pyth Network a good investment in 2026?

Pyth Network scores 6/10 on our framework (Oct 11 2026): supply 4.5/5 (flat), demand 1.5/5. Over the next year Pyth Network's supply changes +26.98%. The long-run signal is mixed.

How do I know when to buy Pyth Network?

Supply and demand favor Pyth Network most when little new supply is coming, demand is strong and the price drivers point up. Right now Pyth Network has 0.00% new supply in 90 days (flat), demand very weak (1.5/5), drivers 1 ▲ / 1 ▼.

Will Pyth Network go up in 2026?

Pyth Network's price drivers today: 1 pointing up, 1 pointing down, out of 2. ▲ Wall Street users: Nasdaq, Fidelity and Kalshi all signed on in 2026 ▼ PYTH staked: Staked PYTH fell about 17% since Mar 31 2026

Should I buy Pyth Network or Bitcoin?

Pyth Network: mixed signal, 6/10 · Bitcoin: positive signal, 8.5/10 (Oct 11 2026). By supply and demand, Pyth Network reads weaker than Bitcoin today.

Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →

How does MrNasdog judge every coin, and why is 0.00% shown in green?

We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. PYTH supply is not growing (0.00% in the next 90 days), so it shows in green. Zero or falling supply is always green, any growth is red.

What do Watch PYTH alerts cover?

One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.

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