# Pyth Pro: Douro Labs Report — July 2026

**URL:** <https://forum.pyth.network/t/pyth-pro-douro-labs-report-july-2026/2660>\
**Category:** Pyth Pro\
**Created:** [August 4, 2026, 4:39pm UTC](https://forum.pyth.network/t/pyth-pro-douro-labs-report-july-2026/2660 "2026-08-04T16:39:12Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![zenyas](https://avatars.discourse-cdn.com/v4/letter/z/6a8cbe/32.png) [@zenyas](https://forum.pyth.network/u/zenyas)\
**Post date:** [August 4, 2026, 4:39pm UTC](https://forum.pyth.network/t/pyth-pro-douro-labs-report-july-2026/2660/1 "2026-08-04T16:39:12Z")

</div>

Today, Douro Labs made the ninth distribution of [\*\*7,662,509](https://explorer.solana.com/tx/3RvV6p62HVQb8HrdACqmij8nH7vUNW2Htw4zthPxACVSxnVnQJ7dWCGZSNhJo6dAxDeff8W5YsdPz4v22e6Yz4Na) PYTH\*\* ($340,384 USD equivalent) to the DAO. Per [CO-PIP-104](https://forum.pyth.network/t/passed-co-pip-104-pyth-pro-governance-payment-currency-flexibility/2480), this distribution is paid in PYTH tokens at the July monthly TWAP of **$0.044422 ($1 = 22.51 PYTH)**.

This distribution covers revenue from Pyth Pro subscriptions, Listing as a Service (LaaS), and Index Revenue Share for July 1st 2026 to August 1st 2026, in accordance with CO-PIP-9 and OP-PIP-98.

> **[Transaction |...](https://explorer.solana.com/tx/3RvV6p62HVQb8HrdACqmij8nH7vUNW2Htw4zthPxACVSxnVnQJ7dWCGZSNhJo6dAxDeff8W5YsdPz4v22e6Yz4Na)**
>
> Details of the Solana transaction with signature 3RvV6p62HVQb8HrdACqmij8nH7vUNW2Htw4zthPxACVSxnVnQJ7dWCGZSNhJo6dAxDeff8W5YsdPz4v22e6Yz4Na

**July Revenue Breakdown**

```auto
| Product | Gross Revenue | DAO Share | Douro Labs |
| ---------------- | ------------- | ------------------------- | ---------- |
| Pyth Pro (60/40) | $538,391 | 7,271,937 PYTH ($323,034) | $215,356 |
| LaaS (90/10) | $9,500 | 192,472 PYTH ($8,550) | $950 |
| Indices (60/40) | $14,667 | 198,100 PYTH ($8,800) | $5,867 |
| Total | $562,557 | 7,662,509 PYTH ($340,384) | $222,173 |

```

**Cumulative Revenue (since Sept 2025)**

```auto
| Product | Gross Revenue | DAO Share | Douro Labs |
| -------- | ------------- | ---------- | ---------- |
| Pyth Pro | $2,425,079 | $1,455,047 | $970,031 |
| LaaS | $59,500 | $53,550 | $5,950 |
| Indices | $17,667 | $10,600 | $7,067 |
| Total | $2,502,246 | $1,519,197 | $983,048 |

```

Note: Cumulative figures shown in USD for consistency with prior reports.

**July Highlights**

- **Asian equities expansion**

Pyth Pro now covers Hong Kong, mainland China, South Korea, and Japan with 100+ feeds live and expanding toward 450+.

- **CXMT: China’s largest chip IPO**

Pyth became the first global data provider to price CXMT, delivering real-time data from the opening trade of the largest semiconductor listing in Chinese history.

- **Fixed income expansion**

Fenics Market Data, OpenYield, and Tradeweb joined Pyth as data providers, bringing institutional-grade fixed income and US Treasury pricing to Pyth Pro and the Marketplace.

- **Indices growth**

25 indices now live on pyth.network/indices, providing continuous pricing through nights and weekends when traditional markets are closed.

- **RWA perps dominance**

Pyth powers 97.6% of the top 12 RWA perpetual markets, representing $44.5B in daily trading volume.

**PYTH/USD Monthly TWAP — 2026-07**

Per CO-PIP-104, when Douro Labs delivers revenue in PYTH tokens, the conversion rate is the average daily closing price of PYTH/USD from the Pyth Pro feed across all calendar days in the payment month.

**2026-07 TWAP: $0.044422**

**Rate: $1 = 22.51 PYTH**

**DAO Distribution: $340,384 ÷ $0.044422 = 7,662,509 PYTH**

```auto
| Date | Closing Price |
| -------------- | ------------- |
| 2026-07-01 | $0.037639 |
| 2026-07-02 | $0.038681 |
| 2026-07-03 | $0.039206 |
| 2026-07-04 | $0.038296 |
| 2026-07-05 | $0.040410 |
| 2026-07-06 | $0.045527 |
| 2026-07-07 | $0.042872 |
| 2026-07-08 | $0.043621 |
| 2026-07-09 | $0.045374 |
| 2026-07-10 | $0.047504 |
| 2026-07-11 | $0.046785 |
| 2026-07-12 | $0.047913 |
| 2026-07-13 | $0.047315 |
| 2026-07-14 | $0.046787 |
| 2026-07-15 | $0.047769 |
| 2026-07-16 | $0.050430 |
| 2026-07-17 | $0.048471 |
| 2026-07-18 | $0.048602 |
| 2026-07-19 | $0.048525 |
| 2026-07-20 | $0.047601 |
| 2026-07-21 | $0.047269 |
| 2026-07-22 | $0.048502 |
| 2026-07-23 | $0.045915 |
| 2026-07-24 | $0.043950 |
| 2026-07-25 | $0.042615 |
| 2026-07-26 | $0.043548 |
| 2026-07-27 | $0.044219 |
| 2026-07-28 | $0.040873 |
| 2026-07-29 | $0.039833 |
| 2026-07-30 | $0.040756 |
| 2026-07-31 | $0.040271 |
| AVERAGE (TWAP) | $0.044422 |

```