MYX Finance
MYXA decentralized perpetual exchange based on matching pool mechanism
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.96% | 1.15% | 13.29% | 32.78% | 20.82% | 43.64% |
Revenue & Burn
Protocol income
$0Buyback funds
$0Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $0 | $0 | -- | -- |
| Sep 2026 | $0 | $0 | -- | -- |
| Aug 2026 | $0 | $0 | -- | -- |
| Jul 2026 | $0.01 | $0 | -- | 0.0% |
| Jun 2026 | $0.06 | $0 | -- | 0.0% |
| May 2026 | $71.34 | $0.1 | -- | 0.1% |
Comparison
Tokenomics
Unlock Progress
Unlock Event
| Date | Unlocked Token Amount | Unlocked M.Cap | M.Cap (%) | Allocation |
|---|---|---|---|---|
| Nov 6, 2026 | 18.05M MYX | $1.05M | 7.68% | 2 Allocation |
| Dec 6, 2026 | 18.05M MYX | $1.05M | 7.68% | 2 Allocation |
| Jan 6, 2027 | 18.05M MYX | $1.05M | 7.68% | 2 Allocation |
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| 0x6c02...1438 |   MYX | 200,000,000 | 20% | $11.69M |
| 0x3a8b...4637 | MYX | 175,000,000 | 17.5% | $10.23M |
| 0xb4f8...233f | MYX | 163,272,369.75 | 16.33% | $9.54M |
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | BBitgetCEX | MYX/USDT | $3.17 | $19,653 | $15,430 | $742,550 | 18.30% |
| 2 | BBingXCEX | MYX/USDT | $3.17 | $4,084 | $4,075 | $39,661 | 0.98% |
| 3 | KKrakenCEX | MYX/USD | $3.16 | $3,930 | $3,090 | $30,039 | 0.74% |
| 4 | MYX/BSC-USD | $3.19 | $129 | $129 | $5,340 | 0.13% | |
| 5 | MYX/BSC-USD | $3.19 | $157 | $157 | $1,994 | 0.05% | |
| 6 | KKrakenCEX | MYX/EUR | $3.13 | $1,063 | $43 | $983 | 0.02% |
| 7 | MYX/BSC-USD | $3.18 | $354 | $353 | $152 | 0.00% |
Follow Updates
Follow Lists
People
About MYX Finance
MYX Finance is a decentralized derivatives exchange focused on perpetual futures trading. Its core innovation is the Matching Pool Mechanism (MPM), which aggregates liquidity and internally matches long and short positions. This design avoids the traditional order book and AMM models, achieving zero slippage execution and high capital efficiency. Users can trade assets like BTC and ETH with up to 50x leverage using USDC as margin, with fees as low as 0.018%.
The main market pain point MYX addresses is the inefficiency of existing on-chain derivatives platforms: high slippage, fragmented liquidity, and high holding costs. By matching positions internally, MYX reduces reliance on external liquidity providers and allows traders to execute large orders at predictable prices.
In the six months from March to September 2026, MYX focused on protocol stability and user growth. The platform upgraded to V2, transitioning into a modular settlement layer, which improved cross-chain compatibility and reduced friction for traders. Trading volume remained steady, and the platform continued to integrate with major oracle providers like Pyth and Chainlink to ensure accurate pricing. However, the project faced challenges, including token unlock pressure and market volatility, which affected short-term price performance. Despite these headwinds, MYX maintained its position as a notable player in the perp DEX space, with a focus on real yield generation through trading fees rather than relying solely on incentive emissions.
MYX Finance was founded in early 2024 as a decentralized perpetual contract exchange, pioneering the Matching Pool Mechanism (MPM) for zero-slippage execution and high capital efficiency. It later completed a $5 million strategic raise from investors including D11-Labs and HashKey Capital, and built a chain-abstraction liquidity layer to unify multi-chain liquidity. In Q1 2024, it initiated its TGE and Pre-TGE Pioneer Rewards Program, establishing an early community base. In 2025, the MYX token launched through Binance Wallet’s exclusive TGE subscription and subsequently landed on Binance Alpha, gaining access to a major ecosystem distribution channel. The project also clarified that the 3% Binance Wallet airdrop is reserved for community activities, with 1.5% unlocked immediately and the remaining 1.5% on November 6, reducing immediate sell pressure. Around the same period, large-scale liquidations occurred on the platform, reflecting active derivatives trading. The V2 upgrade introduced permissionless perpetual markets for any asset, further expanding the trading universe. Together, these milestones mark MYX Finance’s progressive realization of funding, product, liquidity, and distribution channels.
Mark Zhang (Yihao Zhang) — Founder & CEO. Previously held core roles at top-tier centralized exchanges such as Huobi and OKEx, overseeing derivatives business, DeFi liquidity investment, and product operations, managing billions in assets. He later founded MYX Finance, leading its vision and overall operations.
Ryan — Co-founder & Chief Product Officer (CPO), CFA charterholder. He leads product innovation and community operations. With experience as a trader and builder, Ryan drove MYX V2's permissionless perpetual market creation, championing democratized on-chain trading.