# Pyth Pro: Douro Labs Report — May 2026

**URL:** <https://forum.pyth.network/t/pyth-pro-douro-labs-report-may-2026/2592>\
**Category:** Pyth Pro\
**Created:** [June 2, 2026, 11:04am UTC](https://forum.pyth.network/t/pyth-pro-douro-labs-report-may-2026/2592 "2026-06-02T11:04:25Z")\
**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:** [June 2, 2026, 11:04am UTC](https://forum.pyth.network/t/pyth-pro-douro-labs-report-may-2026/2592/1 "2026-06-02T11:04:25Z")

</div>

# 

Today, Douro Labs made the seventh distribution of **[3,776,270 PYTH](https://explorer.solana.com/tx/2Yrg6BgqaxndyCokPLNvTGLDP6uad2pAKbZoyFkrzVrTJvH9casCDGTKc2kU6yGMmw33uEYL6E6Wan8t5GMyzx3r)** ($176,669 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 May monthly TWAP of **$0.046784 ($1 = 21.37 PYTH)**.

This distribution covers revenue from Pyth Pro subscriptions and Listing as a Service (LaaS) for May 1st 2026 to June 1st 2026, in accordance with [CO-PIP-9](https://forum.pyth.network/t/passed-co-pip-9-proposal-to-assign-douro-labs-as-administrator-and-initial-distributor-for-subscriptions-to-pyth-data-off-chain/2220) and [OP-PIP-98](https://forum.pyth.network/t/passed-op-pip-98-listing-as-a-service-laas/2400).

#### May Revenue Breakdown

```auto
| Product | Gross Revenue | DAO Share | Douro Labs |
| ------------------- | ------------- | ------------------------- | ---------- |
| Pyth Pro (60/40) | $291,448* | 3,737,795 PYTH ($174,869) | $116,579 |
| LaaS (90/10) | $2,000 | 38,475 PYTH ($1,800) | $200 |
| Marketplace (60/40) | $0 | 0 PYTH ($0) | $0 |
| Total | $293,448 | 3,776,270 PYTH ($176,669) | $116,779 |

```

\*Pyth Pro gross revenue was $343,837; $52,389 in credits applied for uncollectable historical revenue & cleanup, resulting in net revenue of $291,448.

#### Cumulative Revenue (since Sept 2025)

```auto
| Product | Gross Revenue | DAO Share | Douro Labs |
| ----------- | ------------- | --------- | ---------- |
| Pyth Pro | $1,445,063 | $867,038 | $578,025 |
| LaaS | $43,000 | $38,700 | $4,300 |
| Marketplace | $0 | $0 | $0 |
| Total | $1,488,063 | $905,738 | $582,325 |

```

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

#### May Highlights

Continued momentum across markets and infrastructure WITH major wins in APAC expansion, index adoption, and chain integrations.

- Kraken lists PYTHOIL — First major CEX to list a Pyth Index product, bringing 24/7 oil exposure to retail.

- 70+ Hong Kong equities live — Comprehensive HK stock coverage now available on Pyth Pro.

- Pyth Core/Pythnet sunset announced — Legacy infrastructure to be deprecated by end of July 2026.

- IPO day-one support — CRBS listed on Pyth within hours of IPO.

- BitMEX FX markets — BitMEX launches FX perpetuals powered by Pyth Pro.

- Pyth Pro on Cardano — Cardano Foundation integrates Pyth Pro.

#### PYTH/USD Monthly TWAP — 2026-05

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.

2026-05 TWAP: $0.046784

Rate: $1 = 21.37 PYTH

**DAO Distribution: $176,669 ÷ $0.046784 = 3,776,270 PYTH**

```auto
| Date | Closing Price |
| -------------- | ------------- |
| 2026-05-01 | $0.046845 |
| 2026-05-02 | $0.049659 |
| 2026-05-03 | $0.048943 |
| 2026-05-04 | $0.048671 |
| 2026-05-05 | $0.049640 |
| 2026-05-06 | $0.051750 |
| 2026-05-07 | $0.052430 |
| 2026-05-08 | $0.059870 |
| 2026-05-09 | $0.058450 |
| 2026-05-10 | $0.059350 |
| 2026-05-11 | $0.058243 |
| 2026-05-12 | $0.054149 |
| 2026-05-13 | $0.050928 |
| 2026-05-14 | $0.050642 |
| 2026-05-15 | $0.046604 |
| 2026-05-16 | $0.044733 |
| 2026-05-17 | $0.043729 |
| 2026-05-18 | $0.044420 |
| 2026-05-19 | $0.038831 |
| 2026-05-20 | $0.042412 |
| 2026-05-21 | $0.042585 |
| 2026-05-22 | $0.039723 |
| 2026-05-23 | $0.042116 |
| 2026-05-24 | $0.041225 |
| 2026-05-25 | $0.041140 |
| 2026-05-26 | $0.040204 |
| 2026-05-27 | $0.039988 |
| 2026-05-28 | $0.038909 |
| 2026-05-29 | $0.040520 |
| 2026-05-30 | $0.042386 |
| 2026-05-31 | $0.041205 |
| AVERAGE (TWAP) | $0.046784 |

```