✎ Imagine you are at a roadside barbecue stall buying a skewer of sausage:
⏺︎ A regular barbecue stall (centralized exchange), you have to find the owner to place an order, wait for them to give you the skewer of sausage, and then pay.
⏺︎ MYX (decentralized exchange) is like grilling the sausage yourself: you choose, you grill, no need to wait for the owner, but you have to ensure you have a grill (wallet), and you need to know how to grill it properly (meaning you need to understand the technology).
🔍 Today, we are introducing MYX Finance, a decentralized trading platform.
⏺︎ You can think of it as a tool that allows you to make contracts (like going long or short) without entering and exiting a centralized exchange. It emphasizes "zero slippage," "low fees," and "fast order execution," hoping to match the experience of centralized exchanges.
⏺︎ Cross-chain, easy and convenient, it runs not only on the BNB Chain but also supports multiple chains, allowing you to switch like changing apps without frequently transferring money to different chains.
💰 How about MYX tokens (tokenomics)?
⏺︎ Launched in 2023, with a total supply of 1 billion, and about 125 million in circulation.
⏺︎ The first round of fundraising totaled about 10.18 million USD, of which only 180,000 was raised in the May 2025 IDO (initial public offering), with a price of about 0.009 USD at that time, investors made about 17 times profit in a short period.
⏺︎ The current token price is around 0.14–0.15 USD, having reached a slight new high a few days ago before pulling back.
🛠 Technical Highlights
⏺︎ Matching Pool Mechanism: Every time an order is placed, the platform automatically matches it with a counterparty to hedge, reducing slippage (meaning the order price is closer to what you want).
⏺︎ A fee of (0.01%) is incredibly low, cheaper than many platforms.
