The Binance web3 wallet exclusive TGE launched from MYX at the beginning of May introduced MYX Finance. On that day, Binance Alpha went live, and each participant received 644 tokens after subscription, demonstrating impressive performance in the BSC trading competition. Everyone should have sold the rewards; did anyone make a fortune? Yesterday, at a price of 0.14, the rewards also reached a height of 143U.
Now let's talk about what the project is about. To put it simply, it is a decentralized on-chain contract trading platform that includes some small tokens, with a maximum leverage of 50 times. There is no need for cross-chain or frequent signatures; you can open positions with assets from any chain, maintaining asset ownership, and it supports mainstream networks like BNB Chain, Linea, Arb, etc. The MYX dapp can be directly searched in the Binance web3 wallet.
Recently, the bottom has already pulled up more than three times, and it has been moving in an upward channel. Yesterday, there was a deep pullback of 45 centimeters, which served to wash out positions: one was to reduce the weight of contracts, and the other was to wash out indecisive spot holders. Such a significant pullback is also a good opportunity to get in. MYX can also be expected to have a wave of altcoin season in the second half of the year, especially since they are developing a serious product, and the team’s tokens are not unlocked. They are not attracting users based on token price and hype; otherwise, no one would use perpetual product DEX. For users with contract needs, they can fully utilize MYX Finance, saving a portion of the transaction fees while also benefiting from additional airdrop rewards.