#MYX : The Undervalued Dark Horse of Decentralized Contracts
MYX, as a decentralized contract exchange, is emerging with low gas fees and a smooth trading experience (better than AEVO). The project has raised $10 million, with a current market capitalization of $87 million, significantly lower than leading peers DYDX and GMX, indicating a notable valuation gap. Its strategic layout has been recognized by Binance, launching the ALPHA section and is expected to enter spot contracts, with strong liquidity expectations.
The staking volume on the official website has reached 16 million MYX, and the airdrop selling pressure has been largely released, resulting in a healthy market chip structure. The short-term target is to reach a market capitalization of $150 million. On the technical side, MYX reconstructs the on-chain perpetual logic, achieving decentralized trading through node matching and dynamic governance. Users can participate in ecological co-construction by staking, forming a positive cycle of 'trading - earnings - staking'.
In the future, with the explosive demand for DeFi derivatives, MYX's low-cost and high-efficiency architecture is expected to capture market share. Coupled with Binance's ecological empowerment, it may become a core target in the next round of contract tracks. Currently in a low-level consolidation phase, the value is prominent.
