Have you noticed that many operations of #MYX are different from traditional DEX:
✔ Contract trading pairs can be opened by users themselves
✔ The matching is not run by a centralized program, but elected by nodes
✔ Node elections rely on staking, not on VC decisions
This mechanism may seem simple, but the logic is very new and worth studying.
The goal of $MYX is not to become the top DEX on a certain chain, but to create a multi-chain collaborative on-chain perpetual contract market. Today it supports BSC/Arbitrum/Linea, and tomorrow it might be Solana/Base. Compared to off-chain logic like Hyperliquid, MYX is truly an on-chain financial protocol.
Since MYX went live, the average daily trading volume has stabilized at 30 million, and with the automatic listing on Binance alpha at launch, it is more beneficial for project parties to control on-chain operations and price guidance. Not only is the secondary depth good, but project parties are also working hard to get spot trading pairs listed. We continue to be optimistic about
