Today, Douro Labs made the eighth distribution of 7,674,095 PYTH ($273,075) to the DAO. Per CO-PIP-104, this distribution is paid in PYTH tokens at the June monthly TWAP of $0.035584 ($1 = 28.10 PYTH).
This distribution covers revenue from Pyth Pro subscriptions, Listing as a Service (LaaS), and Index Revenue Share for June 1st 2026 to July 1st 2026, in accordance with CO-PIP-9 and OP-PIP-98.
June Revenue Breakdown
| Product | Gross Revenue | DAO Share | Douro Labs |
| ------------------- | ------------- | ---------------------------- | ---------- |
| Pyth Pro (60/40) | $441,625 | 7,446,514 PYTH ($264,975) | $176,650 |
| LaaS (90/10) | $7,000 | 177,047 PYTH ($6,300) | $700 |
| Indices (60/40) | $3,000 | 50,585 PYTH ($1,800) | $1,200 |
| Total | $451,625 | 7,674,145 PYTH ($273,075) | $178,550 |
Cumulative Revenue (since Sept 2025)
| Product | Gross Revenue | DAO Share | Douro Labs |
| ----------- | ------------- | ----------- | ---------- |
| Pyth Pro | $1,886,688 | $1,132,013 | $754,675 |
| LaaS | $50,000 | $45,000 | $5,000 |
| Indices | $3,000 | $1,800 | $1,200 |
| Total | $1,939,688 | $1,178,813 | $760,875 |
Note: Cumulative figures shown in USD for consistency with prior reports.
June Highlights
Major wins in institutional index products, APAC expansion, and preparing the network for the Core upgrade.
- MarketVector partnership live
Strategic partnership with MarketVector Indexes (VanEck) to deliver institutional-grade, BMR/IOSCO-compliant basket indices. Pyth provides 24/7 data and pricing; MarketVector provides methodology governance and TradFi distribution.
- Coinbase basket indices launched
First products from the partnership: AI10, Defense10, China10, and Tech100 live on Coinbase Derivatives, giving traders thematic exposure priced continuously.
- Extended-hours US equity feeds moved to Pro
Pre-market, post-market, and overnight session feeds for ~50 US equities migrated from Core to Pro on June 15th, monetizing premium market data.
- Pyth Core upgrade announced
July 31st deadline for the transformational Core upgrade. Reduced latency, greater coverage, same backward-compatible API — all access now requires a data plan starting at $500/month.
- 70+ Hong Kong equities live
Comprehensive HK stock coverage including Tencent, BYD, and major ETFs, bringing one of Asia’s most important markets into Pyth Pro.
PYTH/USD Monthly TWAP — 2026-06
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 Lazer feed across all calendar days in the payment month.
2026-06 TWAP: $0.035584
Rate: $1 = 28.10 PYTH
DAO Distribution: $273,075 ÷ $0.035584 = 7,674,145 PYTH
| Date | Closing Price |
| -------------- | ------------- |
| 2026-06-01 | $0.042401 |
| 2026-06-02 | $0.038391 |
| 2026-06-03 | $0.036911 |
| 2026-06-04 | $0.034510 |
| 2026-06-05 | $0.031839 |
| 2026-06-06 | $0.031247 |
| 2026-06-07 | $0.031936 |
| 2026-06-08 | $0.031544 |
| 2026-06-09 | $0.031639 |
| 2026-06-10 | $0.031035 |
| 2026-06-11 | $0.038006 |
| 2026-06-12 | $0.037047 |
| 2026-06-13 | $0.038039 |
| 2026-06-14 | $0.039429 |
| 2026-06-15 | $0.038826 |
| 2026-06-16 | $0.039115 |
| 2026-06-17 | $0.038917 |
| 2026-06-18 | $0.035827 |
| 2026-06-19 | $0.036012 |
| 2026-06-20 | $0.036415 |
| 2026-06-21 | $0.035615 |
| 2026-06-22 | $0.036603 |
| 2026-06-23 | $0.035108 |
| 2026-06-24 | $0.033791 |
| 2026-06-25 | $0.032373 |
| 2026-06-26 | $0.034335 |
| 2026-06-27 | $0.033490 |
| 2026-06-28 | $0.033623 |
| 2026-06-29 | $0.036046 |
| 2026-06-30 | $0.037443 |
| AVERAGE (TWAP) | $0.035584 |