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

The third quarter update was released on October 8. Data showed that Pyth Network's active ARR as of the end of the quarter reached US$11.49 million, a month-on-month increase of 86.5%. The main growth drivers came from exchanges, forecasting markets and AI fields. Net new ARR during the same period was US$5.33 million. Data at the end of September showed that the operating ARR of Pyth Pro business line was US$9.68 million, and the Pyth Indices business line contributed US$1.81 million, covering 16 active customers. The entire business line has a total of 276 paid accounts, of which terminal self-service achieved a new ARR of US$500,000 in September. In terms of the exchange market, the total volume of real-world asset perpetual contract transactions in the third quarter reached US$2.09 trillion, and the trading platform supported by Pyth-accounted for 94.1% of the market share. Coinbase has used Pyth data for related service support.