MYX Finance is a premier cross-chain perpetual DEX (decentralized exchange), integrated into Binance Wallet, with open listing and over 30,000% subscriptions on the first day of launch.
Binance Futures officially launched USDS-margined perpetual contracts for MYX/USDT and MYX/FUSDT pairs on June 18, 2025, allowing leveraged trading.
🌐 Model and Approaches
MYX Finance positions itself as a slippage-free trading platform with low fees and transparent trading.
Key investors include Sequoia, Consensys, Linea Foundation, and others.
📊 Partnership and Market Interest
Binance Exchange has officially prioritized MYX Finance as part of the Exclusive TGE (Token Generation Event) — a curated token sale in Binance Wallet on May 6, 2025.
An explosive demand was observed within a day after launch — this underscores the trust from users and the crypto community.
📌 Recommendations for MYX Trading
Participation in trading and positions on Binance Futures: the contract is margined, with the possibility of leverage. Keep in mind that leveraged trading carries high risk.
For spot trading in Binance Wallet: MYX will be available after TGE, but pay attention to liquidity — the price may be volatile, especially immediately after launch.
Consider the volatility: futures trading (perpetual contracts) is riskier than spot transactions. The MYX market was unstable in the initial days.
🎯Risk Management Strategy:
Limit the position size (no more than 1-2% of your portfolio).
Use stop losses for protection.
Do not forget to analyze liquidity and order book depth.
⚠️ General Warnings
This information is based solely on official announcements from Binance and is informative, NOT a trading recommendation. Carefully assess risks before investing or trading — this is NOT financial advice.