🚀 "MYX Finance (MYX) Holds at ~$0.10 as Chain-Abstracted Perpetual DEX Gains Momentum"
🔹 Quick Stats (Aug 2025)
Price: Approx. $0.10 (↑ ~11–15% over 7 days)
Market Cap: ~$12–14 million (circulating supply ~125 million of 1 billion max)
Volume (24h): ~$11–14 million
TVL: ~$26 million (market cap/TVL ~0.5)
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🔧 What Is MYX?
MYX is the native token of MYX Finance, a cross-chain perpetual DEX built on networks like Linea, Arbitrum, BNB Chain, and opBNB. It enables gasless, chain-abstracted trading with up to 125× leverage, powered by a unique Matching Pool Mechanism (MPM) that delivers zero-slippage execution and efficient liquidity provisioning.
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📈 Highlights
TVL has grown rapidly, reflecting rising adoption across multiple chains .
Over $10.5M raised from leading investors including ConsenSys and HashKey Capital; token generation event was supported via Binance Wallet TGE .
Cross-chain roadmaps underway, with upcoming expansion into Solana markets and enhancements to cross-margin mechanics .
Staking and governance enable fee earnings and platform voting, aligning user incentives with growth .
> Disclaimer: For educational and informational use only—not financial advice.
