Perpetual DEX has always been the largest track. How to efficiently extract value from the CEX contract sector is the most worthwhile consideration for DEX.

CEX contract revenues come from liquidity provision and liquidation profits (customer losses), with strong players and insiders capturing the majority.

Myx chooses to share the profits from the matching nodes with the community to conduct a vampire attack:

The threshold for matching nodes is lowered, allowing larger institutions to more easily participate in the Perpetual matching node services and capture the once most lucrative cake. Thus, we see that in the early days of staking being opened, leading institutions like Sequoia and Linea are deeply involved.

Thus, the flywheel is set in motion:

- Participating in matching node services requires purchasing and staking $MYX

- Retail investors obtain votes through staking to participate in governance and share in the node profits

- Sharing matching node profits ➡️ More node merchants participating ➡️ Increased ecological liquidity, reduced user trading friction ➡️ More trading volume ➡️ Higher node profits ➡️ More participation from large institutions ➡️ A more decentralized trading ecosystem

MYX is now the most attractive Perpetual DEX track & a relatively low market cap target in Binance Alpha, worth keeping an eye on!