I actually rarely trade ALPHA tokens, let alone invest over a thousand U in a single token.
Buying MYX on the same day encountered a BTC crash, but MYX did not follow the drop; instead, it increased.
I was ecstatic~ At that time, I just wanted to make a swing trade, the price reached my psychological level, and given the unstable situation in Israel, I chose to sell.
I was feeling proud with 400U in hand, but the very next day I suffered huge losses!
And now the single token has reached 0.15... I should have made 2500U!! Don't inflate it anymore >///<, Fei Yang Yang has been honest, please let me off Q.Q
MYX Finance was established in 2023 as a decentralized derivatives trading platform supporting multiple chains (including Linea, Arbitrum, BNB Chain, with future plans to expand to Solana), aiming to provide an efficient and low-cost perpetual contract trading experience.
Its core features include:
Zero slippage trading: Provides a slippage-free trading experience through an innovative Matching Pool Mechanism (MPM) and Point-to-Pool (P2Pool2P) model.
High leverage: Supports up to 50 times leverage trading, using USDC as collateral.
Low fees: Reduced trading fees, no need to pay borrowing costs for holdings.
Multi-chain support: Cross-chain trading supported through Particle Network's universal account, allowing users to create accounts via email, Google accounts, etc., simplifying operations.
Risk management: Implements mechanisms such as Automated Deleveraging and Dynamic Position Limit to reduce asset loss risk.
$MYX Token Overview
Token type: $MYX is an ERC-20 token based on the Ethereum blockchain.
Function: $MYX is the native token of the MYX Finance ecosystem, mainly used for:
MYX DAO Governance: Holders can participate in the decision-making of the decentralized autonomous organization.
Incentive mechanism: Used to reward liquidity providers, traders, and community members.
Ecosystem Payments: Possibly used for payment platform fees or to access premium features.
Tokenomics:
Total supply: 1 billion MYX tokens.
Circulating supply: As of June 2025, approximately 94.31 million to 124.7 million (data may vary slightly from different sources).
Market data (as of the end of June 2025):
Price: Approximately $0.0899 to $0.1521 (prices vary slightly across different platforms).
Market cap: Approximately $8.48 million to $18.97 million, ranking between #822 and #1448.
24-hour trading volume: Approximately $36.2 million to $38.77 million, with recent trading activity significantly increasing (growth rate of 232.3%).
All-time high price: $0.1530 (May 6, 2025).
All-time low price: Data varies, approximately 0.064497 BTC (equivalent to a lower USD price).
Fully diluted valuation (FDV): Approximately $88.6 million to $152 million.
MYX aims to provide an experience related to contracts, so if you are heading in the right direction... becoming rich overnight is not a dream!
However, currently MYX tokens seem to have reached a high point, making it a tough choice whether to buy spot or short. Be cautious.
This is an article, not investment advice.