The psalm is meant to be read or chanted in a plain style at services of vespers which are not part of a vigil. When vespers is served as part of a vigil, an abbreviated musical version is usually sung by the choir. Several such musical arrangements of the psalm have been composed over the years; perhaps the most familiar is that found in the Obikhod, or common setting.
In the context of its vespers/vigil setting, this psalm is understood to be a hymn of creation, in all the fulness wherein God has created it - it speaks of animals, plants, waters, skies, etc. In the scope of the liturgical act, it is often taken to be Adam's song, sung outside the closed gates of Eden from which he has been expelled (cf. Genesis 3). While the reader chants the psalm, the priest stands outside the closed Royal Doors wearing only his epitrachilion, making this symbolism more evident.
The Psalm has a remarkable similarity to Great Hymn to the Aten, with which it is frequently compared, although there is currently no established link between them.