I just wanted to escape the "involution hell" of CEX, but I encountered a contract platform called MYX on the chain. It does not require chain cutting, signature, and zero slippage, which is smoother than centralization. What's even more outrageous is that it actually makes money.
📉 You know how tiring it is to work in centralized contracts
We, the group of perpetual wage earners, live every day like we have our Sharingan open but dare not blink:
• Binance Futures suddenly slipped 0.5%, and the take profit became a stop loss
• OKX takes up a full round trip in fees, and even if you do it right, you still lose money
• Bybit liquidity suddenly dropped, and the price was like drinking fake wine
• Earn 20U for a correct order, lose all your capital and get scolded for a wrong order
Sometimes I wonder:
Can’t the chain provide me with a decent perpetual exchange?
Turns out, it really does exist.
⚡ I just clicked on MYX and was caught off guard
This project is called MYX Finance. At first I thought it was a new dog imitating GMX.
But after two days, I was shocked:
It is not "GMX on chain", it is a perversion of the on-chain contract experience rolled into a "Binance PLUS version".
🧠 Why is it like Binance PLUS?
✅ No need to cut the chain
• No need to switch between BNB/Arbitrum/Linea
• Which chain the money is on, it will be handled by the backend
• Transactions are displayed in one interface
✅ No need to sign again
• With one authorization, the entire process of pending orders, take-profit and stop-loss can be automatically executed
• It is very comfortable to do short-term trading, and the efficiency is much higher than traditional DEX
✅ No slippage!
• I made a long order for 1U BTC, and it was traded at exactly the same price as mine
• There is no such disgusting thing as "the price is listed at 52,000 and becomes 51,720 after a transaction"
✅ The transaction speed is still very fast and the liquidation logic is also transparent
• I tested it, set stop loss → trigger → close position, the whole process was very smooth
• To be honest, this experience is more comfortable than clicking buttons on Bybit
💵 After investing real money, I was even more shocked
I put in 300U to test the waters. Results:
• Leverage adjustable up to 125 times
• One-stop service for stop-profit and stop-loss, reasonable UI, and the key is "no jamming"
• No slippage, accurate, every profit and loss is very "clear", unlike traditional CEX with hidden discounts
The most amazing thing is that I actually started to make stable profits.
I guessed the direction correctly before, but was killed by slippage, fees, and delays. Now the trading experience is smooth and my winning rate has suddenly returned.
🏦 What's the story behind this? Can you believe it?
I checked and found that this is not a shell project run by an anonymous team, but:
• ✅ The first chain abstract contract platform launched by Binance Web3 wallet
• ✅ Invested by HashKey, Sequoia, ConsenSys, and OKX Ventures
• ✅ Get $10 million in incentive support from BNB Chain as soon as it goes online
• ✅ Available on PancakeSwap and Binance contract trading areas
So when you say it is "the ultimate form of Web3 contract", I believe it.
I believe it more when they say that it "understands users better than centralized platforms."
💬 To sum up my feelings: three words: comfortable.
• I am no longer upset by “slippage + handling fees”
• I finally found an on-chain platform that can give me both experience and freedom
• I also received three rounds of airdrops and earned more than 1,000 yuan without any effort
⚠️ Finally, a reminder for those of you who are still waiting:
• MYX’s current price has not taken off yet, and TVL is steadily climbing
• Official airdrops are still being released and can be collected manually every month
• The function is stable and has been launched on the main network, no need to rush for early bird and no need to interact with each other
If you are someone who has done contracts and understands how important the trading experience is——
MYX is the place you won’t want to go back to once you use it.
🧠 I dare not say that it can multiply several times, nor will I tell you any story of getting rich quickly.
But I dare to say one thing:
“It is the most similar contract platform to Binance that I have used so far, but with much more freedom.”
Believe it or not, I plan to play here for half a year.