Pyth Network [PYTH] gained about 14% in the past day at press time, as capital kept building in the market. The gain was cuased by a combination of factors, including the asset’s performance in the Spot and Perpetual markets, as well as growing Staking activities.

The market activities, while showing a clear sign of growing bullish dominance in the market, have also had some level of bearish interest, as the liquidation gap between lost Capital remains a must-watch.

Here’s how PYTH crypto surged

The growth witnessed with PYTH can be tracked to the activities that have been happening in the Perpetual and Spot markets.

On the Perpetual side, the Open Interest (OI) Weighted Funding Rate has a reading of roughly 0.0056% on the chart….