MYXMYX Finance (MYX) Price

1.Project introduction

MYX Finance operates as a decentralized perpetual derivatives exchange across multiple chains, such as BNB Chain, Arbitrum, Linea, and opBNB. The platform enables on-chain trading of perpetual contracts with leverage up to 125x, powered by a unique Matching Pool Mechanism for instant execution, zero slippage, and improved capital efficiency. Its unified account system supports seamless, gasless cross-chain trading without network switching. MYX Finance's mission is to provide institutional-level trading infrastructure to all, democratizing access with a permissionless, cross-chain architecture.

2.Team introduction

Mark Zhang - Founder & CEO

Previously held senior technical roles at Huobi and OKEx, with deep expertise in derivatives products and trading systems.

3.Investment institution

HongShan (formerly Sequoia China, lead), Consensys, Hack VC, Cypher Capital Group, Redpoint China Ventures

4.Token application and distribution

Token application

The MYX token serves as the core governance and utility asset for MYX Finance, allowing holders to propose and vote on critical protocol parameters like asset listings, fee schedules, incentive budgets, and upgrades via off-chain signaling and on-chain execution. Staking MYX enables real yield capture through revenue sharing of trading fees, borrow interest, funding spreads, and liquidation penalties, with potential vote-escrow (ve) mechanics for amplified voting power and directed emissions to liquidity pools.

Token distribution

Initial distribution of the 1 billion total supply (fully capped, ~19% circulating as of December 2025 with vesting ongoing):

Ecosystem/Community: 54.70%

Team & Advisors: 20.00%

Institutional Investors: 17.50%

Initial Liquidity: 4.00%

Binance Wallet IDO: 2.00%

Foundation Reserve: 1.80%