Aave

Mango

Chainlink

would

Pyth Network

The Pyth Network, a blockchain oracle provider, said it will convert a portion of its revenue into PYTH token purchases as part of a reserve strategy.
In a Friday blog post, Pyth <a href="https://www.pyth.network/blog/introducing-the-pyth-reserve-turning-institutional-adoption-into-sustainable-network-value" rel="noopener noreferrer nofollow" target="_blank">said</a> the tokens it buys on the open market with one-third of the protocol’s revenue through its decentralized autonomous organization (DAO) would constitute the network’s reserve. The network said the strategy was designed to increase revenue and token purchases.
“[I]t’s time to rewrite the market data economy on a global level,” said Pyth.
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 <img alt="Cryptocurrencies, Investments, DAO, Tokens" src="https://s3.cointelegraph.com/uploads/2025-12/019b1339-6d5a-7d9c-b336-67e42ed2aeb3.png" title="">
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 Source: <a href="https://x.com/PythNetwork/status/1999404170575773931" rel="noopener noreferrer nofollow" target="_blank">Pyth</a>
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The price of the Pyth Network token (<a href="https://cointelegraph.com/pyth-network-price-index" rel="noopener noreferrer nofollow">PYTH</a>) has dropped by more than 80% over the past year, despite a brief surge when the platform <a href="https://cointelegraph.com/news/us-government-chainlink-pyth-economic-data-onchain" rel="noopener noreferrer nofollow">deepened ties to the US government</a>. The Trump administration announced in August that the company and Chainlink would be responsible for publishing the country’s economic data onchain.
According to data from Nansen, the PYTH price decreased by about 1.3% over the previous 24 hours, <a href="https://app.nansen.ai/" rel="noopener noreferrer nofollow" target="_blank">reaching</a> about $0.063 at the time of publication.
Related: <a href="https://cointelegraph.com/news/grayscale-launches-pyth-investment-fund" rel="noopener noreferrer nofollow">Grayscale launches Pyth investment fund</a>
<h2 id="aave-dao-proposed-a-similar-buyback-initiative-in-october">Aave DAO proposed a similar buyback initiative in October</h2>
The DAO behind the Aave protocol <a href="https://cointelegraph.com/news/aave-dao-50m-annual-buyback-proposal" rel="noopener noreferrer nofollow" target="_blank">introduced a proposal</a> that would use $50 million of its annual revenue to repurchase its native token, Aave (<a href="https://cointelegraph.com/aave-price-index" rel="noopener noreferrer nofollow" target="_blank">AAVE</a>). As of Friday, it did not appear that the proposal had been approved.
It’s unclear how Pyth users may respond to the plan. In 2024, when Mango Markets suggested a buyback program to purchase its MNGO tokens, co-founder Daffy Durairaj <a href="https://cointelegraph.com/news/mango-markets-dao-buyback-plan-leads-to-accusations-of-self-dealing" rel="noopener noreferrer nofollow" target="_blank">accused the creators</a> of “untrustworthy behavior and self-dealing.”
Magazine: <a href="https://cointelegraph.com/magazine/cryptos-impossible-choice-when-privacy-and-aml-laws-conflict/" rel="noopener noreferrer nofollow">When privacy and AML laws conflict: Crypto projects’ impossible choice</a>

Pyth to launch reserve using buybacks from DAO treasury funds

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