2025 will be a year for modular DeFi, chain abstraction, and user experience optimization. And MYX Finance is undoubtedly one of the star projects in this narrative. It not only frequently appears on core platforms like BNB Chain, Binance Alpha, and Futures but also builds a unique multi-chain perpetual contract ecosystem through continuous optimization mechanisms and community incentives. Today, I want to share my perspective as a user on why I want to talk about MYX and what it has done.
I. From Oversubscription to Airdrop Carnival: How Does MYX Step by Step Stand Out?
Looking back on the growth path of MYX Finance—
On March 17, the airdrop event launched on BNB Chain DappBay, distributing a total of 10 million $MYX, attracting a large number of early users.
On April 26, in collaboration with Particle Network, we launched the 'MY PARTI' joint trading activity to further achieve ecological expansion.
On May 6, in collaboration with Binance Wallet and PancakeSwap, we completed the IDO, with an oversubscription rate of 30,296%, shocking the market.
On June 18, $MYX successfully launched on Binance Futures, fully opening up contract trading channels.
These nodes are connected, and you will discover a fact: MYX is not a 'pump and dump model', but a mid to long-term project that gradually solidifies its fundamentals under the Binance ecosystem, focusing on the perpetual contract track.
II. Modular Mechanisms and Chain Abstraction: MYX's 'Underlying Architecture Power'
What impresses me most about MYX Finance is not the strength of the airdrop, but its product logic and technical design.
One of its core mechanisms is the MPM (Multi-Position Mechanism) multi-position combination model, which allows users to deploy multi-asset and multi-direction perpetual contract strategies within the same account. This method significantly enhances capital utilization and avoids liquidation risks through dynamic parameter adjustments.
On the underlying architecture, MYX introduces Chain Abstraction and a dual-account model, significantly reducing the operational complexity of cross-chain transactions. For those using BNB, Arbitrum, and Linea assets simultaneously, this ability to 'bridge asset islands' is simply a DeFi version of a 'wallet carrier', and is a model application of multi-chain integration.
III. VIP Levels + Keeper System: A New Paradigm of Fee Incentives
On May 20, MYX launched a new VIP membership mechanism, allowing users to automatically enjoy low fees by holding approximately 10 $MYX without needing to lock up or apply—this is one of the lowest barriers to trading incentive mechanisms currently in DeFi.
Even more exciting is the Keeper System launched on May 27: a decentralized node staking network, initially participated by top institutions such as Linea, Woyong, FL Foundation, with annualized returns for nodes reaching 228.71%, balancing liquidity returns and system stability.
Behind this is not only a 'technical upgrade' but also a token model design of community governance, allowing me to feel the joy of 'role upgrading' while participating in trading.
IV. Assessing Potential from Usage Data: Who is MYX Attracting?
On-chain data shows that the user distribution of MYX presents two trends:
Heavy multi-chain user preference: Many users connect to multiple chains simultaneously and use various assets, which perfectly fits MYX's chain abstraction design.
Predominantly trading retail investors: After launching on Binance Futures, many retail investors attempted leveraged trading through $MYX, indicating that MYX is sinking into a wider trading community.
These data do not tell a story but validate that MYX's mechanism design is forming a positive feedback loop. In the current situation where on-chain perpetual contracts have become a battleground, being able to secure a solid user base through products is a prerequisite for future success.
V. Future Outlook: Why Do I Hold $MYX Long-term?
In a DeFi environment full of 'hype narratives and instant exit', MYX has chosen a different path:
Based on technology, using incentives as a bridge, and building user experience as a moat.
Starting from the airdrop, to the mainnet launch, and then to the opening of contracts on Binance Futures, the MYX team has always been 'paving the way'. This is precisely the core reason why I am willing to pay long-term attention to and allocate its tokens.
Especially the combination of VIP level mechanism and staking node system allows token holders to not only be 'trading users' but also 'ecological partners'.
Finally, MYX Finance may not necessarily be the first, but it is a DeFi project with a long-term design sense. In this fast-paced market, it has chosen a way to gradually enhance user value.
As a Web3 user, I prefer to experience projects that are logical, sincere, and visionary. If you want to discuss MYX's trading strategies, VIP level configuration suggestions, or how to participate in nodes, feel free to interact in the comments.
Thanks to @MYX Finance for the sponsorship support, this article is only a sharing of views and does not constitute any investment advice.
