If I had traded on Binance earlier and understood the power of 'chain abstraction' and 'protocol-level arbitrage' sooner, I might not have experienced the disastrous liquidation on that night of May 19, 2021.
That night, I lost a total of 200,000 RMB, my contract account was completely blown, and I almost smashed my phone.
But today, relying on the deep exploration of Alpha strategies and the full-chain trading capabilities provided by MYX Finance, I have steadily earned back over 800,000 USDT.
It’s not about luck, but about monetizing cognition.
💥 Back to the starting point: On the night of the 519 liquidation, I lost almost everything.
On May 19, 2021, Bitcoin plunged from 50,000 to just over 30,000, and I still fantasized about a rebound, holding on to the end.
I opened a 20x ETH long position on Huobi, and my position blew up at the lowest point, losing all my savings overnight.
My phone smashed on the ground, the screen shattered, my eyes were red and swollen, and I didn’t dare to contact my family for three whole days.
At that time I swore: either completely exit the crypto world or figure out the game rules here.
🔁 Nirvana rebirth: I found my opportunity to turn things around from strategic airdrops and chain abstraction.
The initial lifeline was Binance Alpha. I earned points, climbed ranks, and grabbed whitelist opportunities, getting quite a few early airdrops to gradually recover. But what truly turned my wealth curve was MYX Finance.
🚀 MYX Finance: I started earning 4-digit USDT daily from here.
I got involved with MYX at the end of 2024, when they hadn’t started large-scale promotion. Only a few insiders were promoting it. I immediately saw: this is the tool-oriented protocol I had been waiting for a long time.
MYX is a 'chain abstraction derivatives trading protocol' that completely breaks the barriers between chains. In summary:
With just one account, you can trade contracts across all chains anytime and anywhere, with low slippage, fast execution, and true control.
And behind this hides several powerful money-making logics:
1️⃣ Chain abstraction account: Fund flow is no longer scattered.
In the past, when I wanted to trade contracts in the crypto world, I had to switch between different chains, authorize, cross-chain, and pay fees, which was really annoying. MYX directly solves all of this:
• No matter which chain your assets are on, MYX's chain abstraction system will automatically handle exchange + routing + signatures for you.
• Multi-asset unified account, ETH/BNB/USDT/ARB/OETH can all be managed uniformly.
• No need to frequently switch wallets or authorize, greatly saving 'time cost + interaction cost'.
I first used USDT on the BNB chain to open an ETH long position on MYX, executed instantly, with no slippage, and after making a profit, I directly placed a short order to capture the entire range of fluctuations, net profit over 3,400 USDT.
2️⃣ Trading mining + Points airdrops: Every operation can turn into money.
MYX has its own trading incentive system. As long as you trade, place orders, or provide liquidity, you will earn points rewards:
• The larger the trading volume, the more is returned.
• Weekly rankings + Activity airdrops.
• The order rebate mechanism allows for 'earning by just placing orders'.
For a while, I specifically ran trading mining on MYX, set up automatic hedging strategies + high-frequency orders, and every day when I woke up, I could see my wallet increasing by a few hundred USDT, earning a total of over 12,000 USDT in seven days.
Not to mention that the official occasionally holds 'writing contests' for rewards. I submitted my arbitrage strategy, and one article directly rewarded me 400 USDT, which is essentially 'writing to earn money'.
3️⃣ Advanced strategies: Chain abstraction × Long-short hedging × High-frequency arbitrage
MYX truly allowed me to enter the threshold of 'professional-level arbitrage'. Here are my three most commonly used strategy combinations:
✅ Cross-chain arbitrage
Using ETH to short on L2, while going long on MYX, leveraging fees + slippage + time difference to pull profits.
✅ Multi-asset margin management.
While going long with ARB and hedging with OETH, I adjusted asset weights according to market conditions. MYX's dynamic margin system is especially suitable for combination strategies.
✅ High-frequency low-slippage arbitrage
Placing 1~2 USDT spread orders in MYX's matching pool, using repeated transactions + order rebates for risk-free arbitrage. With this strategy, I earned as much as 780 USDT in one day, almost a stable daily salary.
🔐 Why do I believe MYX will last long?
In the end, it's not because it 'provides short-term benefits', but because it fundamentally changes the trading logic:
• Chain abstraction is the core direction of future DeFi.
MYX is not just a trading interface; it restructured the on-chain trading process. This level of product belongs to industry infrastructure.
• No need for cross-chain, authorization, or signatures, making it easy for beginners to operate.
Packaging complex systems for consumer-grade use, which most DeFi cannot achieve.
• Scalable, connectable account model, beneficial for subsequently adding AI trading and quantitative strategies.
I can even imagine a future where MYX integrates AI automatic trading assistants, connecting liquidity from centralized exchanges. The ceiling of this protocol is too high.
💰 Current total profit: MYX has helped me earn back over 350,000 USDT!
I have treated MYX as my main battlefield for nearly half a year, and have already steadily made over 350,000 USDT in profits using it.
• Chain abstraction arbitrage + High-frequency order strategy: 170,000 USDT.
• Trading points incentives + Mining rebates: 98,000 USDT
• Writing contests + Activity airdrops: 21,000 USDT.
• Advance layout of ecological tokens (undisclosed chips): expected appreciation of over 65,000 USDT.
These earnings, combined with my early Alpha strategy airdrops and Binance Launchpool and rebate recommendations, have now seen my total account exceed 800,000 USDT.
🧠 I want to share three sentences with 'you who are just starting out'.
1. Strategy is more important than luck, direction is more important than speed, and cognition determines the upper limit.
2. Don't underestimate any small platform; sometimes it is the turning point of your fate.
3. The key to making money is never chasing trends, but understanding 'structural opportunities'.
🎉 Binance's eighth anniversary, salute to all of you and me who have persevered through the bear market.
Binance Alpha gave me direction, MYX Finance gave me capability, and the entire on-chain world gave me the possibility of freedom of choice.
I cried bitterly after the 519 liquidation;
Today the wallet received a deposit, and I remained silent.
This is not about getting rich overnight, but about turning your situation around step by step.
May everyone who sees through the essence of the crypto world be able to do the same as I did——
From 0 to 1, transforming a 200,000 liquidation tragedy into an on-chain achievement of 800,000 USDT.
The bull market has just begun, the next round of rising, not for emotions, but for execution!