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MYX Finance is a non-custodial derivatives exchange protocol that enables on-chain trading of perpetual contracts for virtually any token with an MYX token. Here's an overview of its current performance¹ ²:

- *Current Price*: $0.4470, with a 164.33% increase in the last 24 hours

- *Market Cap*: $59.79 million, ranking #511

- *Trading Volume*: $96.94 million in the last 24 hours, representing a 768.01% increase

- *All-Time High*: $0.4787, reached on August 4, 2025

MYX Finance has shown significant growth, with some predictions suggesting it could reach $1 in the near future. Here's a breakdown of potential price predictions:

- *Short-Term (1-2 weeks)*: $0.28-$0.38, with possible pullbacks to $0.25

- *Mid-Term (2-3 months)*: $0.50-$0.70 if momentum stays the same

The protocol has gained attention for its ability to lower capital costs, remove network barriers for traders, and streamline trading flows. With a total value locked (TVL) of $25.58 million and a market cap/TVL ratio of 2.33, MYX Finance is considered a notable player in the derivatives market.