Pyth Pro Reaches $7.49M ARR in July With 22% Monthly Growth and 3,501 Market Feeds

Pyth Network PYTH$0.040+1.4% Pyth Network's July 2026 monthly report, published August 13, shows its Pyth Pro subscription data service posted $7.49 million in annualized recurring revenue, a 22% gain from June that added more than $1.5 million in new subscription ARR in a single month. The oracle now serves 122 paying enterprise accounts with 3,501 live instrument feeds across US equities, Hong Kong stocks, FX, commodities, and crypto.

Terminal Traffic More Than Tripled as Paid Conversions Climbed

Beyond the revenue line, the July report's most striking figure is the terminal monthly active user count: 16,254, up from 4,610 in June. Trial starts rose from 835 to 1,041, and 51 users converted to paid subscriptions. According to the report, higher-intent actions grew alongside raw traffic, a signal that new coverage categories are drawing users who proceed through to paid accounts. Feed views also rose, from 40,000 to 55,000 in the month.

US Equities, Hong Kong Stocks, and 24/7 Index Products Drove July's Feed Growth

The 110 net new feeds added in July include 75 net new equity feeds, bringing the equity total to 1,901 from 1,826.

Extended-hours US equity data covers approximately 50 tickers including AAPL, TSLA, NVDA, COIN, MSTR, META, SPY, and QQQ. Those feeds provide pre-market (.PRE), post-market (.POST), and overnight (.ON) session pricing sourced from institutional publishers with direct access to venues including Blue Ocean ATS. This data category moved from the free Pyth Core service to Pyth Pro effective June 15. Pyth describes the overnight feeds as "tightly licensed, expensive to source" and previously available only to institutional clients.

In June, Pyth also launched Hong Kong equity feeds covering Tencent (HKG: 0700), BYD (HKG: 1211), the ChinaAMC CSI300 ETF (HKG: 3188), the FTSE China A50 ETF (HKG: 2823), and more than 70 additional HK-listed names. The broader Asian equity expansion, which also added mainland China, South Korea, and Japan coverage, was completed in late July.

Coinbase Equity Futures and Kraken Oil Perpetuals Built on Pyth Indices

The third new coverage category is Pyth Indices, a proprietary set of 24/7 single-asset index products launched June 10 covering US equities (NVDA, TSLA, AAPL, MSFT, GOOGL, INTC, HOOD, MSTR, CRCL), metals (gold and silver), and oil (WTI and Brent). Each index carries a published methodology and is available for licensing in derivatives settlement and ETF/ETP benchmarking.

Coinbase cbBTC$62,961.31+0.5% Coinbase co-developed four equity basket futures with data firm MarketVector (the AI10, Defense10, China10, and Tech100 products) using Pyth Indices as the underlying price reference. Boris Ilyevsky, Coinbase's head of derivatives, said at the June launch: "Institutional-grade, 24/7 markets are becoming the standard. Tools like Pyth Indices help fill the critical infrastructure gaps that make this next era of markets possible."

Kraken Kraken is using Pyth Indices as the settlement reference for its oil perpetual contracts on Kraken Pro. John Palmer, Kraken's global head of derivatives, cited the absence of round-the-clock pricing in traditional oil futures as the central gap the product fills.

Mike Cahill, CEO of Douro Labs and contributor to Pyth Network, framed the launch as an infrastructure shift: "Traditional data feeds were built for a world where trading stopped at the closing bell. Pyth Indices mark an inflection point in access to 24/7 markets, where 'market close' no longer means the end of trading."

Pyth Pro Pricing: $5,000 Per Month for US Equities, $10,000 for All Asset Classes

Pyth Pro's published pricing lists two tiers: a US Equities plan at $5,000 per month and an All Asset Classes plan at $10,000 per month. The extended-hours equity feeds, the Hong Kong and Asian equity packages, and Pyth Indices licensing all fall under the Pro subscription or separate index licensing agreements.

As of July, Pyth counted 122 paying accounts across both Pyth Pro and Pyth Indices. Launched in late 2025, Pyth Pro reached $1 million in ARR in its first month; the July figure of $7.49 million reflects roughly seven months of subsequent expansion.

A Commercial Layer Above Pyth's Free Oracle Network

Pyth Network's original product is its decentralized price oracle, which serves DeFi protocols on Solana and more than 90 other chains through a pull-based model at no subscription cost. Applications pay only the on-chain transaction fee to pull a price update when they need it. Pyth Pro is a separate commercial offering built on top of that infrastructure, targeting institutions that need data categories outside the free tier's scope: extended-hours equities, custom indices, and non-crypto asset classes.

The July report covers only the commercial Pyth Pro line. Per Solana Compass analytics, the Pyth Core oracle program logged 5.2 million on-chain transactions in the past 30 days, reflecting DeFi protocols pulling free-tier price data for lending, perpetuals, and tokenized asset markets on Solana.