
PYTH rallies 14% as staking climbs to $92.76M
- —PYTH gained roughly 14% in the past 24 hours
- —Perpetual open interest rose 10% to $57 million
- —Funding rate held positive at about 0.0056%
- —Staking value hit $92.76 million, highest since January 15, 2026
Why it matters: Rising staking reduces PYTH's circulating supply, but a narrow long-short liquidation gap leaves room for a reversal.
Source: AMBCrypto