TL;DR
- Idea: A decentralized perpetual derivatives exchange leveraging a proprietary Matching Pool Mechanism for zero-slippage, high-leverage trading with chain abstraction and gasless UX
- Catalyst: Recent $5M strategic funding, listing of MYXUSDT perpetual on Bybit, TVL growth above $30M, upcoming cross-margin and portfolio margin roadmap
- Risks: Smart contract and oracle security risks, competitive derivatives landscape, token unlock sell pressure, regulatory uncertainty
- Score: 8.00/ 10
Coin
- Name/ Ticker: MYX Finance (MYX)
- Segment: DeFi
- Status: Live
- Price: $1.301000
Key Metrics
- Market Cap: $162 000 000
- FDV: $1 301 000 000
- Circulating Supply: 124 762 450
- Total Supply: 1 000 000 000
- Inflation: 0.00%
Sources
Technology
- USP: Proprietary Matching Pool Mechanism enabling zero-slippage and high capital efficiency with chain abstraction and gasless trading
- Core Technology: Matching Pool Mechanism, dual oracle system (Chainlink + proprietary), delegate-trader key for gasless transactions, cross-chain account abstraction
Roadmap
- 2025-08-14: List MYXUSDT perpetual contract on Bybit
- 2025-12-31: Launch cross-margin trading across markets
- 2026-03-31: Enable cross-chain portfolio margining
- 2026-06-30: Expand chain abstraction to Solana
- 2026-09-30: Automate market creation workflow
- 2026-12-31: Integrate with 50 blockchain networks
- 2027-03-31: Release mobile trading interface
Team & Investors
Team
- CEO β Mark Zhang: Over 10 years in quantitative trading and blockchain technology
Investors
- D11 Labs β Pre-Seed β’ 2023-06-01 β’ $0.50M
- HongShan β Seed β’ 2023-11-28 β’ $5.00M
- HashKey Capital β Strategic β’ 2025-03-08 β’ $5.00M
- Binance Wallet IDO β Public β’ 2025-05-06 β’ $0.18M
Total funding: $10.68M
Tokenomics
- Utility: Governance, staking rewards, liquidity incentives
Pros & Cons
Strengths
- Zero-slippage trading through Matching Pool Mechanism
- High capital efficiency up to 125x
- Chain abstraction enabling cross-chain trading without bridging
- Gasless transactions via delegate-trader key and relayer network
- Dual oracle system for secure price feeds
Weaknesses
- Highly competitive decentralized derivatives market
- Smart contract and oracle security risks
- Potential sell pressure from token unlock schedules
- Regulatory uncertainty around derivatives
- Dependence on relayer network for gas sponsorship
Market Signals (7d)
- TVL trend: increasing
- CEX volume trend: increasing
- Active addresses trend: increasing
Price Scenarios (target: 2026-03-09)
- Bear: $0.800000 β Assumes 50% market share reduction and stable TVL, pro-rated based on TVL to market cap decline ratio
- Base: $1.500000 β Extrapolates current growth to 6 months based on historical 7-day price trend annualized
- Bull: $3.000000 β Projects a 100% increase driven by major exchange listings and DeFi market expansion
How to Buy & Store
CEX
- Bitget
- MEXC
- Gate.io
- Binance Alpha
- OKX
DEX
- MYX/USDT on PancakeSwap
- MYX/USDT on BNB Chain DEX
- MYX/USDC on Arbitrum DEX
- MYX/USDC on Linea DEX
- MYX/USDC on opBNB DEX
Storage
- MetaMask
- Trust Wallet
- Ledger
- Trezor
- Coinbase Wallet
Verdict
MYX Finance presents a robust solution for decentralized perpetual derivatives with strong technological differentiation and sustained investor support, but faces execution and regulatory challenges in a competitive market.
Official Links
Source: Coin Research (internal)
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