In the ever-changing world of DeFi, have you ever found yourself in a dilemma?
Is it choosing the silky smooth trading experience of centralized exchanges (CEX), but having to relinquish control over your assets? Or is it sticking to the transparency and security of decentralized finance (DeFi), yet having to endure high gas fees and frequent slippage?
What if there was a platform that allowed you to have the best of both worlds?
This is the story that MYX Finance is telling. It is not just another ordinary decentralized derivatives protocol, but an ambitious disruptor aiming to completely resolve the conflict between CEX and DeFi.
Every order you place can be executed at the most accurate oracle price, completely bidding farewell to the troubles of slippage.
You can freely mobilize assets from over 20 different blockchains as collateral, with the entire process requiring no gas fees and no need to sign repeatedly for each operation.
This sounds like a privilege only top CEXs enjoy, but MYX has turned this into reality in the decentralized world with its two revolutionary technologies: the Matching Pool Mechanism (MPM) and Chain Abstraction.
It is this extreme capital efficiency and CEX-like smooth experience that has allowed MYX to create a trading myth of over $75 billion in just a few months, winning the favor of top investors such as Sequoia China and Consensys.
Its ambitions do not stop there. MYX's ultimate goal is to become the 'Uniswap' of the derivatives field, opening a new era of limitless trading possibilities through a 'permissionless listing' feature. Although the road ahead is accompanied by challenges of extreme market conditions and security risks, MYX is steadily on the path to becoming the core infrastructure of the multi-chain DeFi world, thanks to its strong technological innovations and ecosystem.