ὑγίειαν . . . χρυσέαν: See P. 1.1; and for the praise of health, compare Lucian's De lapsu inter salutandum.
κῶμόν τε: On the effect of τε in twinning the two χάριτες, see O. 1.62.
ἀέθλων Πυθίων: Depends on στεφάνοις. So N. 5.5: παγκρατίου στέφανον.
αἴγλαν στεφάνοις: Cf. O. 1.14: ἀγλαΐξεται δὲ καὶ μουσικᾶς ἐν ἀώτῳ, and O. 11 (10), 13: κόσμον ἐπὶ στεφάνῳ . . . ἁδυμελῆ κελαδήσω. The song lends additional lustre to the lustrous crowns. The plur. on account of the victories of Pherenikos.