Douro Labs
Headquarters
Porto Portugal
About us
Revolutionize access to data and help create fairer, more transparent markets.
Douro Labs builds market data infrastructure for decentralized finance, focusing on making institutional-grade financial information accessible to blockchain applications. As a core contributor to the Pyth Network, the company develops oracle tooling, smart contracts, and developer SDKs that bring real-time data for over 500 assets—from crypto to equities, commodities, and FX—directly on-chain. The team operates at the intersection of traditional finance and Web3, bridging the gap between legacy markets and decentralized applications. Their work powers over 180 DeFi and CeFi protocols with the accurate, low-latency data needed to operate securely across global markets.
Products
The flagship product is Pyth Pro, an institutional-grade subscription service delivering cross-asset market data to DeFi applications. Douro Labs also manages the Pyth Data Marketplace, which lets major financial institutions like Fidelity and Euronext publish proprietary datasets directly on-chain. Other products include the Pyth Terminal for data exploration, Pyth MCP for AI agent integration, and support for Pyth's core offerings like real-time price feeds, Express Relay for MEV optimization, and Entropy for secure random number generation.
Funding
Douro Labs is self-funded and bootstrapped, with no external venture capital backing. The company generates revenue through its Pyth Pro subscription service, which launched in September 2025 and quickly generated over $1 million in annual recurring revenue within its first month. Revenue is shared with the Pyth DAO according to established governance protocols, creating a sustainable business model driven by institutional demand rather than outside equity investments.
Recent news
In June 2026, Douro Labs and Pyth Network launched Pyth Indices, a new suite of proprietary 24/7 index products covering metals, oil, and U.S. equities, designed to provide continuous reference data for modern global markets.
Technology
Rust is the primary language for backend services, smart contracts, and developer SDKs. The team also uses Solidity for blockchain-specific development, plus Python and TypeScript for tooling and APIs. React powers user-facing interfaces. Infrastructure runs on AWS with Kubernetes and Helm for orchestration, Docker for containerization, and GitHub for open-source project management. The stack is designed for large-scale, safety-critical systems that require low-latency data delivery.
Benefits
Remote work is the norm, with team members spanning the US, South America, Europe, and Asia. There's an optional office in Porto, Portugal for those who prefer it. The company offers comprehensive health, dental, and vision insurance, flexible working hours, and generous PTO policies. Employees can participate in the Pyth Network's token incentive program and get a 401(k) with company matching. The culture emphasizes mentoring opportunities and lets engineers shape product direction alongside business teams.