# Pyth Pro: Douro Labs Report – October 2026

**URL:** <https://forum.pyth.network/t/pyth-pro-douro-labs-report-october-2026/2742>\
**Category:** Pyth Pro\
**Created:** [November 3, 2026, 1:33pm UTC](https://forum.pyth.network/t/pyth-pro-douro-labs-report-october-2026/2742 "2026-11-03T13:33:49Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![zenyas](https://avatars.discourse-cdn.com/v4/letter/z/6a8cbe/32.png) [@zenyas](https://forum.pyth.network/u/zenyas)\
**Post date:** [November 3, 2026, 1:33pm UTC](https://forum.pyth.network/t/pyth-pro-douro-labs-report-october-2026/2742/1 "2026-11-03T13:33:50Z")

</div>

On November 3rd 2026, Douro Labs made its October distribution of [621,330](https://explorer.solana.com/tx/1myA8WG2pZjei8mvfU4GghvjPW6k1H5gUi8D8z4kf8kw3PoymRA7cy7xLwFnv9pDb9oiQeLYmX1pPMRNAVe7xX5) USDC directly to the Pythian Council Ops multisig wallet.

The payment represents the DAO’s share of revenue from Pyth Pro subscriptions, Listing as a Service (LaaS), and Pyth Indices. The subscription share follows [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). Under [OP-PIP-136](https://forum.pyth.network/t/passed-op-pip-136-pyth-strategic-reserve-v2/2711), the Council will convert the received USDC into PYTH under the DAO-approved rules and transfer the purchased PYTH to the DAO treasury.

**October revenue breakdown**

| **Product** | **Gross Revenue** | **DAO Share** | **Douro Labs** |
| --- | --- | --- | --- |
| Pyth Pro (60/40) | $847,479 | $508,487 | $338,992 |
| LaaS (90/10) | $17,200 | $15,480 | $1,720 |
| Indices (60/40) | $162,271 | $97,362 | $64,908 |
| Total | $1,026,949 | $621,330 | $405,620 |

**Cumulative revenue since September 2025**

| **Product** | **Gross Revenue** | **DAO Share** | **Douro Labs** |
| --- | --- | --- | --- |
| Pyth Pro | $4,716,575 | $2,829,945 | $1,886,630 |
| LaaS | $101,600 | $91,440 | $10,160 |
| Indices | $344,273 | $206,563 | $137,709 |
| Total | $5,162,466 | $3,127,960 | $2,034,507 |

_Note: Cumulative figures shown in USD for consistency with prior reports. Additionally, Douro Labs bills in arrears for indices, so October distributed revenue is actually from September performance and so forth._

**October highlights**

- In its [October Q3 recap](https://x.com/PythNetwork/status/2110702388319526924), Pyth reported $2.16 trillion in tracked real-world-asset perpetual volume, of which $2.04 trillion (94.4%) was priced using Pyth data. Open interest reached a record $12.6 billion. Pyth separately reported that it priced [98.3% of tracked equity-perpetual volume](https://x.com/PythNetwork/status/2112529554048971033) during Q3.
- The DAO’s [Strategic Reserve V2](https://forum.pyth.network/t/passed-op-pip-136-pyth-strategic-reserve-v2/2711) established a standing process for converting eligible non-PYTH assets into PYTH. Distributions received directly in PYTH are held by the DAO rather than counted as market purchases. The [public reserve tracker](https://pyth.scptech.xyz/reserve) showed 56.2 million PYTH held in the DAO treasury at its November 1 update.
- [Pyth’s constant-maturity U.S. Treasury indices](https://www.pyth.network/blog/the-treasury-curve-live-on-pyth) went live across seven tenors from 2Y to 30Y. Each tenor has a par-yield feed and a discount-factor feed, for 14 feeds in total, published on Pyth’s 200 ms channel during weekday sessions. These are independently calculated Pyth indices, not the U.S. Treasury’s official curve.
- [Exa is testing Pyth](https://www.pyth.network/blog/pyth-and-exa-explore-the-financial-market-data-stack-for-agentic-search) as a market-data layer for agentic search, combining web research with current and historical market observations.
- [Pyth Pro MCP Server 1.1](https://www.pyth.network/blog/pyth-pro-mcp-server-1.1)added tick-level price retrieval for windows of up to 60 seconds, clearer feed-access information, and shorthand lookup for supported pairs such as BTC/USD.
- [Four Korean equity feeds](https://www.pyth.network/blog/four-korean-stocks-now-priced-through-korea%E2%80%99s-post-market-session) —SK Hynix, Samsung Electronics, Hyundai Motor, and Samsung Electro-Mechanics—now publish through Korea’s 16:00–20:00 KST post-market session on trading days.
- At [WFIC 2026](https://www.pyth.network/blog/at-wfic-2026-what-it-takes-to-make-extended-trading-hours-work), Douro Labs’ Michael James joined a panel moderated by Morgan Stanley, alongside speakers from Nasdaq, Cboe, OTC Markets, and TraditionData, on the data and operational demands of extended trading hours.
