$10.4M ARR and Counting: Pyth’s August Breakthrough

Article contributed by: @DouroLabs

August was Pyth’s biggest month yet by gross new ARR. Combined live ARR ended the month at approximately $10.4M, up 39% month over month. Gross new ARR reached approximately $2.93M , 72% above July’s previous record.

Pyth Indices ended August at $1.59M in live ARR , with 45 live index products and 14 more marked as coming soon.

One API for a wider market

Pyth Pro gives developers, trading platforms, institutions, and AI systems access to real-time market data through one API.

During August, the product expanded to:

• 1,028 stable US spot-equity feeds
• 160 stable Asian spot-equity feeds
• Equities, crypto, FX, commodities, metals, fixed income, and more

The Terminal also continued to grow as the place where users can explore feeds, compare publisher data, review market sessions, and start building with Pyth Pro.

24/7 markets are moving beyond crypto

Demand for Pyth Indices centered on gold, oil, and silver. In Pyth Pro, gold, WTI futures, Bitcoin, and silver were among the most explored feeds, with Bitcoin the only crypto asset in the top five.

The pattern is clear: interest in continuous markets is expanding across commodities, metals, equities, and FX.

Asia and the first tick

Pyth Pro’s Asian equity coverage ended August with:

• Hong Kong: 106 feeds
• Japan: 21 feeds
• South Korea: 18 feeds
• China: 14 feeds

During the month, Pyth delivered CXMT and Unitree data from the opening print.

Yesterday, Shein followed from the first tick of its Hong Kong listing, taking stable Asian spot-equity coverage to 160 feeds and marking Pyth’s third Asian day-one listing in six weeks.

https://x.com/PythNetwork/status/2094787540750631282

More institutions contributing data

More than 138 institutions now publish first-party data to Pyth, including exchanges, trading firms, and financial-data providers. August also brought an upgrade to the Publisher Dashboard, giving contributors better tools to manage and understand their data.

The result is a broader market-data layer with more sources, more coverage, and one integration for teams building across traditional and digital markets.

That is what August showed: The commercial adoption of Pyth is growing while more of the world’s markets are becoming available through programmable infrastructure.

Explore the Pyth Terminal

August by the numbers

• ARR crossed $10.4 million in August.
• Gross new ARR reached approximately $2.9 million, compared with approximately $1.7 million in July.
• Pyth Indices reached $1.5 million in ARR.
• 45 Pyth Indices are stable in the live catalog, with 14 additional index feeds marked coming soon.
• Pyth Pro recorded 2,397 Pyth Pro signups completed between August 1 and August 31.
• The Terminal recorded 90,850 visitors, 134,226 sessions, and 445,382 page views during the month.
• Users generated 191,526 feed viewevents, with 9,197 distinct feed viewers exploring 886 feeds.

Read the complete Pyth August report here.