Thanks to Binance, I have already earned 0.5 BNB
MYX Finance, as a Binance Alpha 142 participant, has a strong project background and is a decentralized perpetual contract trading platform dedicated to providing users with an efficient and secure on-chain derivatives trading experience. The platform adopts a unique Matching Pool Mechanism (MPM) to achieve zero slippage trading and leverage of up to 125 times.
Project Overview
• Platform Type: Multi-chain perpetual contract DEX, supporting multiple blockchain networks such as Arbitrum, Linea, and BNB Chain.
• Core Mechanism: Uses the MPM trading engine to match long and short orders through a centralized liquidity pool, improving capital efficiency and reducing slippage risk.
• Trading Features:
• Supports up to 125 times leverage trading.
• Provides a zero slippage trading experience.
• Employs a dual oracle system to ensure price accuracy and fairness in trading.
• User Experience: The platform design focuses on user experience, offering gas-free trading and cross-chain asset support, allowing users to use various assets as collateral without manual bridging.
MYX Finance raised $10 million in seed round funding, with a valuation of $50 million. Investors include renowned institutions such as Sequoia China, HashKey Capital, ConsenSys, OKX Ventures, GSR, and others.
As an emerging project, I see an entry point here, while also boosting the Alpha score, aiming for a market value of $20 million for $MYX#币安LaunchpoolSXT in the short term.