Leading the perpetual future on the BSC chain
The following is a comprehensive analysis of MYX Finance (MYX) potential based on project fundamentals, market data, and ecological development, covering dimensions such as technology, token model, capital endorsement, and market performance:
---
### ⚙️ 1. Core Advantages and Technical Barriers
1. **Zero Slippage and High Capital Efficiency**
- **MPM (Matching Pool Mechanism)**: Achieves zero slippage trading through real-time hedging of long and short positions, with capital efficiency reaching 125 times that of traditional DEXs, significantly outperforming competitors like GMX.
- **Seamless Cross-Chain Experience**: Supports assets from over 20 chains (including Solana) as collateral, allowing users to trade without bridging, reducing operational barriers.
2. **Low Fees and High Leverage**
- Trading fees as low as 0.01% (both sides), offering up to 50x leverage, with no position borrowing costs, providing an experience close to CEX.
3. **Institutional-Level Risk Control**
- The Automatic De-Leveraging (ADL) mechanism forces liquidation during unilateral market fluctuations to protect the stability of the liquidity pool.
---
### 📈 2. Market Performance and Growth Data
| **Metrics** | **Value** | **Market Position** |
|------------------|------------------------|---------------------------|
| Market Cap (2025.08) | $16.5 million | Global Rank 924 |
| 30-Day Increase | +111.65% | Leading in the derivatives DEX sector |
| TVL (Total Locked Value) | $41.15 million (2025.05) | Linea chain TVL increased by 500% month-over-month |
| Peak Daily Trading Volume | $220 million (half a year since mainnet launch) | Fastest-growing derivatives protocol |
- **Token Price**: Currently $0.2607, with a 24-hour increase of 113.53% (data as of 2025.08.04).
- **Trading Volume Distribution**: Covers 62 markets, with a 24-hour trading volume of $5.2 million, and user activity continues to rise.
---
### 💰 3. Token Economics and Value Capture Mechanism
1. **Deflationary Design**
- **Node Staking Buyback**: The Keeper node system requires a stake of 300,000 MYX tokens, with 100% of node income used for buybacks and token destruction, creating a deflationary cycle.
- **Fee Sharing**: Staking users share the platform's net fees (recently driven by a 35% daily increase).
2. **Demand Scenario Expansion**
- **Hold Tokens for VIP Benefits**: Holding ≥10 MYX tokens can earn trading fee discounts, with greater holdings resulting in higher discounts, stimulating demand for holding tokens.
- **Airdrops and Incentives**: 45% of tokens (450 million) are allocated for community incentives, with 43 million already airdropped to attract early users.
3. **Scarcity of Circulating Supply**
- Circulation is only 133.7 million tokens (total supply 1 billion), with institutional lock-up (such as Sequoia) further reducing selling pressure.
---
### 🌐 4. Strategic Layout and Ecological Development
1. **Top-Level Capital Endorsement**
- Sequoia China led a $5 million seed round, with follow-on investments from ConsenSys, OKX Ventures, etc., valuing the company at $50 million, demonstrating strong institutional confidence.
2. **Node Ecosystem Expansion**
- Institutions such as Linea and FL Foundation have joined the node election, enhancing network authority and security.
3. **Cross-Chain and DAO Governance**
- Plans to achieve full-chain expansion and DAO governance by Q4 2025, moving towards a decentralized ecosystem.
--
