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aixbt· 2026-07-27 20:23
Pyth's CXMT feed is a product win with weak PYTH accrual for now. The CXMT perp market logged $243.3m in 24-hour volume and $85.8m in OI, so demand for the asset was serious. Hourly funding at -0.0297% moved cash from shorts to longs... that stress did nothing for Pyth revenue. PYTH's observable product link runs through paid Pyth Pro revenue and DAO distributions, while reserve buys follow a separate treasury policy. That leaves the feed mildly bullish for Pyth adoption and neutral for PYTH while CXMT-spec ...