Do you remember the DeFi Summer of 2020, when we first tasted the benefits of on-chain market-making, lending, and staking? The sense of security brought about by asset self-control and decentralization still fascinates people today.
But to be honest, over the past few years, on-chain derivatives have still been a 'pseudo-proposition':
• Either liquidity is poor, or depth is shallow, with scary slippage.
• Either multi-chain assets are incompatible, requiring cross-bridges, chain-switching, and waiting for signatures, and by the time the market moves, it may have already been missed.
• Otherwise, you can only go back to centralized exchanges (CEX), losing complete ownership of your assets.
Until I encountered @MYX Finance
💡 Chain abstraction: True freedom of multi-chain assets
MYX Finance's biggest breakthrough is that it uses chain abstraction (Multi-Chain Abstraction) + dual-account system to break all on-chain asset islands.
What does it mean?
For example:
• You have several thousand U in your wallet on BNB Chain.
• But it can directly open a BTC perpetual contract position on Arbitrum.
• The process does not require cumbersome cross-chain bridges or frequent authorizations, the experience is as smooth as directly switching trading pairs in a CEX.
• And the funds are always self-custodied in your wallet.
This is not a blueprint for the future, but something I have already operated on MYX.
The dual-account model is also very ingenious:
• The first layer aggregates, coordinates, and abstracts multi-chain assets.
• The second layer focuses on order matching and risk clearing settlement.
Precisely balancing execution efficiency and user safety.
⚙️ Keeper staking system: The engine of chain abstraction operation
Many people do not know that for chain abstraction to run smoothly, it requires not only technology, but also a large number of distributed nodes to support key services such as matching and fund dispatching.
The Keeper System of MYX Finance is a mechanism of 'staking to participate in network security':
• As long as you stake $MYX, you can become a Keeper node, participate in chain abstraction trading services, and earn an annualized yield of up to 228%.
• Now, institutions like Linea Foundation, Sequoia China (HongShan), and Woyong have become the first batch of nodes.
• This shows the vision of a truly decentralized, community-maintained multi-chain abstraction derivatives highway.
In other words, while you are staking to earn yields, you are also ensuring that the entire system is smooth and available for all users.
🥇 VIP system & CeFi-level fee experience
In May, MYX Finance launched a VIP membership system that completely conquered me:
• You only need about 10 $MYX (almost negligible investment at current prices),
• You can enjoy trading fees comparable to those of Binance's VIP users across all chains,
• No need to lock up funds, no need for complex applications.
What used to seem like high-tier fees only 'whales' could enjoy is now a benefit easily accessible to all retail investors.
📈 Market validation: Data doesn’t lie
In just a few months:
• MYX's IDO was oversubscribed by 30,296%,
• BNB Chain not only included $MYX in a $100M incentive program, but also directly purchased $25,000 in $MYX,
• Keeper node annualized yield exceeds 200%, attracting a large number of on-chain giants to enter the market,
• In June, $MYX directly landed on Binance Futures, being accepted by the world's largest derivatives market.
This data surpasses any self-praise in a white paper.
💭 Alpha should not be limited by chains
The reason why DeFi attracts me is never to chase highs and lows, but for financial autonomy and strategic freedom.
In the traditional multi-chain world, to capture Arbitrum's DeFi Alpha, you have to bridge funds, slowly transfer over; otherwise, you put your money in a centralized exchange, accepting the risk of it freezing or running away at any time.
While at MYX Finance:
• My BNB Chain wallet can open contract positions on Arbitrum or Linea at any time,
• Earnings are settled instantly into your own wallet,
• In the next second, wanting to use USDT to stake Keeper for secondary earnings, there are no inter-chain obstacles at all.
This is the real vision I have for DeFi:
Alpha should not be limited by chains.
📝 In conclusion
If the DeFi of 2020-2022 was mainly about AMM and lending, and 2023-2024 is about LSD & narrative chain wars, then starting in 2025, multi-chain abstraction derivatives may become the core of the new cycle.
As I often say:
Future DeFi trading will definitely be driven by chain abstraction.
Opening positions on MYX does not require cross-chain operations, nor do you fear losing asset sovereignty.
That’s why I choose to continue participating long-term, staking, and trading here.
$MYX has red envelopes, hurry to claim, forward, like, follow, and comment
