MYX Finance

MYX·5.53

-7.01%

MYX Finance (MYX) - Complete Fundamental Analysis

By CoinStats AI

29 Jan, 2026 21:50

What is MYX Finance (MYX) crypto?

MYX Finance (MYX) Cryptocurrency Overview

Core Technology and Blockchain Architecture

MYX is a non-custodial derivatives exchange that enables on-chain trading of perpetual contracts for virtually any token with an existing AMM market. MYX Finance is a decentralized finance (DeFi) platform designed to provide users with innovative financial solutions in the cryptocurrency ecosystem.

The platform's foundational innovation is the Matching Pool Mechanism (MPM), which organizes liquidity through a shared pool that holds collateral supplied by liquidity providers, with the smart-contract engine matching long and short orders against this pool and netting funding transfers at each interval. Its core innovation—zero slippage—solves a critical DeFi pain point where traditional AMMs suffer price inefficiency.

MYX implements a two-layer account model that separates custody from execution, where users retain control of their funds in standard EOAs or smart wallets but delegate trading authority to a delegate-trader key generated in-app, which signs orders on the user's behalf, eliminating the need to confirm every transaction. Gas costs are paid by a relayer network and netted in settlement currency, so orders feel instantaneous even on congested networks.

Primary Use Cases and Real-World Applications

The protocol was introduced to lower the capital cost of providing liquidity, remove network-related barriers for traders, and streamline the trading flow so that advanced derivatives are as accessible as spot swaps. The MYX token serves multiple purposes within the MYX Finance ecosystem: governance through voting on important protocol decisions, transaction fees, liquidity provision with rewards, collateral for borrowing other cryptocurrencies, and yield farming participation.

By allowing permissionless market creation and USDC-margined positions, it democratizes access to leveraged trading while maintaining transparency. Cross-chain "chain abstraction" lets users trade assets across 20+ blockchains (e.g., Arbitrum, BSC) seamlessly.

MYX Finance recently partnered with AEON to integrate the $MYX token into AEON Pay, a Web3 mobile payment solution, allowing $MYX holders to use their tokens for everyday purchases at over 20 million merchants worldwide, including major brands like McDonald's and Starbucks, announced on September 29, 2025.

Founding Team, Key Developers, and Project History

Established in 2023, MYX Finance was founded by Mark Zhang, a former Head of Futures Products at a well-regarded exchange. Mark Zhang is a former head of futures products at crypto exchange Huobi. The project was founded by a team of experienced professionals with backgrounds in both traditional finance and blockchain technology, who recognized the need for a derivatives platform that combined the best aspects of centralized and decentralized exchanges.

Launched in February 2024, the platform has achieved remarkable milestones in just one year of operation. The team includes talent from traditional quant finance, leading crypto VCs, and prominent Web3 development teams with proven experience in DeFi and cross-chain architecture.

Tokenomics: Supply, Distribution, and Mechanics

MYX tokens (1B max supply) govern protocol upgrades via DAO voting. The total supply of MYX is capped at 1 billion tokens.

The fixed supply of MYX tokens is allocated as follows: 40% Ecosystem incentives, 20% Core contributors, 17.5% Investors, 14.7% Airdrop, 4% Initial liquidity provisioning, 2% Community round.

Stakers earn up to 70% of trading fees, while holders access VIP-tier fee discounts (e.g., 10 MYX ≈ $1 unlocks reduced fees). The mining difficulty adjusts automatically to ensure a steady issuance of new tokens, preventing inflation while maintaining network security.

The Token Generation Event (TGE) on May 6, 2025, rewarded all early traders and liquidity providers, which circulated through phased unlocks over 5 months.

Consensus Mechanism and Network Security Model

Employing a dual oracle system, consisting of Chainlink and a proprietary price feed, MYX Finance mitigates the risk of price manipulation, ensuring a fair trading environment. Trading is automatically suspended in case of significant discrepancies between the oracles, making transactions safer and potentially avoiding issues like front-running.

MYX Finance prioritizes security through multi-signature treasury management with a 3/5 threshold from multi-signature wallets, ensuring collective oversight, and time-locked upgrades where modifications to smart contracts are subjected to a 72-hour delay before implementation.

Security audits have been conducted by PeckShield and SlowMist.

Key Partnerships and Ecosystem Integrations

MYX recently closed a $5 million strategic funding round backed by prominent investors including FL Foundation, Woyong, D11 Labs, DWF Labs, HashKey Capital, and Meta Alpha. The Seed Round in November 2023 included investors: Sequoia China, ConsenSys Mesh, Hack VC, OKX Ventures, GSR, Foresight Ventures, Cypher Capital, Bing Ventures, Lecca Venture, and others.

Strategic partnerships with Phemex, Bitget, and Binance Wallet expand its ecosystem, signaling growing institutional trust in DeFi infrastructure. While already established as the largest DEX in the Linea ecosystem, MYX Finance plans to extend its multi-chain capabilities to encompass more blockchain networks.

The MYX Partnership Program enables influencers, community managers, and developers to participate in the platform's growth, with partners earning up to 70% commissions on trading fees, along with additional token rewards.

Competitive Advantages and Unique Value Proposition

MYX is powered by its proprietary Matching Pool Mechanism (MPM), which replaces the traditional order book with pooled matching at the protocol level, addressing common on-chain trading issues like high slippage, slow matching, and fragmented liquidity, achieving zero-slippage execution and high-liquidity matching.

A chain-abstracted AA wallet recognises assets deposited on 20+ supported chains including Solana, allowing traders to open positions with any asset without manually bridging tokens or swapping into a platform-specific stablecoin.

In the decentralized derivatives market, MYX Finance competes primarily with dYdX, GMX, and Perpetual Protocol. As decentralized derivatives trading continues to grow—currently representing only 2.72% of the total derivatives market—MYX Finance is well-positioned to capture a significant portion of this expanding sector, with the team's vision suggesting that the market size for decentralized derivatives exchanges could increase more than tenfold within the next year.

Current Development Activity and Roadmap Highlights

MYX Finance plans to extend its multi-chain capabilities to encompass more blockchain networks, with the development team focused on introducing more sophisticated trading tools, including advanced order types, improved risk management features, and expanded market analysis capabilities to rival professional trading platforms.

Future updates will further optimize the P2Pool2P model, potentially increasing capital efficiency beyond the current 125x capabilities while maintaining the security and stability of the protocol.

MYX Finance envisions progressive decentralization, granting MYX token holders the ability to participate in governance decisions through voting mechanisms.

Version 2 of the platform, launched in Q4 2025, further enhances user experience with optimized smart contracts and reduced gas fees, positioning it as a scalable solution for both retail and institutional users.

Sources:

Is MYX Finance (MYX) a good investment?

MYX Finance (MYX) Investment Analysis

Executive Summary

MYX Finance is a non-custodial derivatives exchange that enables on-chain trading of perpetual contracts for virtually any token with an existing AMM market. The project operates as a decentralized perpetual futures DEX with significant institutional backing but faces substantial volatility concerns and governance challenges.

Fundamental Strengths

Technology & Innovation

MYX's core architecture utilizes the Matching Pool Mechanism (MPM), where a shared pool holds collateral supplied by liquidity providers, and the smart-contract engine matches long and short orders against this pool and nets funding transfers at each interval, allowing the pool to support open interest that exceeds the funds locked while keeping every matched trade fully collateralised.

The platform's core innovation—zero slippage—solves a critical DeFi pain point where traditional AMMs suffer price inefficiency. A chain-abstracted AA wallet recognises assets deposited on 20+ supported chains including Solana, and traders can open positions with any asset without manually bridging tokens or swapping into a platform-specific stablecoin.

Institutional Backing & Fundraising

In November 2023, MYX raised several million dollars in a funding round led by Sequoia China, with participation from investors such as Consensys and Hack VC. Total raised amounts to $10.68 million across multiple rounds, with seed round investors including HongShan, ConsenSys, Hack VC, Redpoint China, HashKey Capital, Foresight Ventures, GSR Markets, and others.

Team Credibility

MYX Finance is led by Mark Zhang (Yihao Zhang), founder and CEO, who held leadership positions at top CEXs such as Huobi and OKEx, giving him solid expertise in derivatives products and trading systems. The team brings together profiles from traditional finance, blockchain, and centralized exchanges, allowing them to combine an innovative vision with a deep understanding of market mechanisms.

Adoption Metrics

Monthly trading volume more than doubled during 2025, climbing from $51 billion in January to $128.43 billion by late December. With a 2025 TVL surge from $7.4 million to $58 million and $10 million in institutional backing, MYX's trajectory signals a paradigm shift in how DeFi infrastructure can catalyze mass adoption.

Fundamental Weaknesses

Valuation Concerns

A $2B market cap contrasts with only $32M TVL, raising concerns about overvaluation, whale manipulation, and regulatory risks from unregistered leverage trading. Current metrics show a market cap of $1.039 billion against TVL of $23.24 million, with a fully diluted valuation of $5.446 billion.

TVL Volatility & Capital Outflows

After hitting a $57 million high in September, the TVL trend reversed, falling to $22.98 million in November, indicating capital outflows from liquidity pools even though trading activity stayed strong, which seems to be an unusual split in typical DEX behavior.

Revenue Sustainability

Annualized fees stand at $6,856 with cumulative fees of $165,074, while annualized revenue is only $1,440 with cumulative revenue of $49,499. These figures suggest minimal protocol revenue generation relative to market capitalization.

Market Position & Competitive Landscape

Competitive Standing

In the decentralized derivatives market, MYX Finance competes primarily with dYdX, GMX, and Perpetual Protocol, distinguishing itself through three key advantages: zero slippage trading via its Matching Pool Mechanism, superior capital efficiency reaching 125x through its P2Pool2P model, and seamless user experience with its innovative Seamless Key technology.

Success hinges on user adoption post-launch, with competitors like dYdX and GMX dominating derivatives volume.

Revenue Model & Sustainability

Fee Structure & Token Utility

MYX intends to transition protocol fees (0.01%-0.05% per trade) and upgrade decisions to a DAO governed by MYX stakers. MYX token utilities include enabling holders to vote on protocol upgrades and risk parameters, earning staking rewards from trading fees and funding revenue, unlocking reduced trading fees, and serving as collateral across multiple blockchains.

Tokenomics

The fixed supply of MYX tokens is allocated as follows: 40% ecosystem incentives, 20% core contributors, 17.5% investors, 14.7% airdrop, 4% initial liquidity provisioning, and 2% community round.

Risk Factors

Regulatory Risks

MYX's cross-chain operations and high-leverage derivatives could attract regulatory scrutiny, particularly if the platform is deemed to facilitate unregistered trading. As a DeFi perp DEX, it faces scrutiny in crackdowns, plus high leverage amplifies losses for newbies.

Airdrop & Distribution Integrity Concerns

According to Bubblemaps' analysis, over 40% of the accounts that claimed tokens during the MYX airdrop were identified as high-risk or suspicious, based on behavioral patterns and cross-chain activity, with many accounts created specifically for the airdrop and exhibiting no prior activity on the blockchain, displaying synchronized behavior across multiple wallets, a common indicator of coordinated fraudulent activity.

Bubblemaps returned with fresh evidence showing a direct connection between MYX's creator wallet and one of the addresses involved in the suspicious activity, with the trail beginning with the creator's wallet and extending across multiple chains.

Market Manipulation Allegations

Nearly 39 million MYX tokens entered circulation just as the price spiked, allowing early insiders to offload holdings into retail demand, with the combination of unlocks and surging derivatives interest fueling suspicion that the rally has less sustainable momentum and more engineered liquidity.

MYX Finance has faced scrutiny over insider trading and manipulation, with reports of suspicious wallet activity and coordinated airdrop claims raising concerns about transparency.

Technical & Operational Risks

While MYX's MPM has demonstrated initial matching depth and efficiency, it has yet to be tested under full market cycles or black swan events, and the long-term effectiveness of its funding rate and rebate model to maintain balanced long/short positions remains to be validated with extensive real-world data.

MYX's model, while innovative, lacks the robust risk management frameworks seen in traditional markets, and without safeguards against cascading liquidations or black swan events, the platform could face existential challenges during a market downturn.

Extreme Volatility

After plunging from its $19.19 all-time high on September 11 to $1.74 on November 3, MYX experienced one of the sharpest corrections among major DEX tokens. The token's -31.61% 90-day return underscores volatility risks.

Historical Performance & Market Cycles

2025 Price Action

Launched in May 2025, MYX started with an IDO price of just $0.009 per token, and by late May and June, MYX traded between $0.04 and $0.15, with the lowest point coming on June 19, 2025, when the price dipped to $0.0474.

Things changed quickly in July 2025 when demand increased sharply and the price surged from just cents into whole dollars within weeks, crossing above $2 for the first time by early August, followed by a period of extreme volatility with daily price swings between $2 and $15.

Bull Case Arguments

Technological Innovation: The platform solves decentralized derivatives inefficiencies by offering CEX-grade execution with DeFi security and self-custody.
Market Opportunity: Decentralized derivatives trading continues to grow—currently representing only 2.72% of the total derivatives market—and the market size for decentralized derivatives exchanges could increase more than tenfold within the next year, presenting an enormous growth opportunity for the platform.
Institutional Interest: MYX's partnerships with exchanges like Phemex, Bitget, and Gate.io have amplified its visibility, while collaborations with cross-chain protocols enhance interoperability.
Protocol Upgrades: The V2 upgrade aims to introduce zero-slippage trading via enhanced Matching Pool Mechanics (MPM) and chain abstraction for seamless cross-chain swaps.

Bear Case Arguments

Valuation Disconnect: Massive gap between market cap and TVL suggests significant speculative premium with limited fundamental support.
Governance Concerns: The MYX team has not yet publicly commented on the claims made by Bubblemaps, though the allegations have already drawn attention from the broader crypto community, particularly from investors and token holders concerned about potential devaluation due to uneven distribution.
Revenue Generation: Minimal protocol revenue relative to market capitalization raises questions about long-term sustainability.
Competitive Pressure: The key question is whether MYX's modular architecture can outpace rivals like Hyperliquid in onboarding the next wave of on-chain traders.
Leverage Risk: Historical precedents like the TerraUSD and FTX collapses underscore the systemic risks of excessive leverage.

Risk/Reward Assessment

Risk Profile: Extremely High

Extreme price volatility (149% annualized volatility noted)
Unresolved governance and distribution integrity questions
Regulatory uncertainty surrounding high-leverage derivatives
Minimal revenue generation relative to valuation
Significant capital outflows from TVL despite trading volume growth

Reward Potential: Moderate to High (conditional)

Operates in growing decentralized derivatives market
Strong technological differentiation through MPM
Institutional backing and partnerships
Potential for significant market share capture if regulatory environment remains favorable

Overall Risk/Reward Ratio: Unfavorable for most investors
The project presents a high-risk, speculative opportunity with unresolved governance concerns and extreme volatility. The disconnect between market capitalization and fundamental metrics, combined with airdrop distribution irregularities and manipulation allegations, suggests significant downside risk.

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MYX Finance (MYX) price prediction

MYX Finance (MYX) Price Prediction Analysis

Current Market Context

MYX Finance is currently trading at $5.73 USD with a market cap of $1,442,039,603 USD and ranks #49 on CoinMarketCap. The token has experienced significant volatility, with an all-time high of $18.5 reached in September 2025, representing a 205,000% increase from the IDO price of $0.009.

Short-Term Predictions (2025-2026)

Conservative Estimates

CoinCodex's algorithmic prediction forecasts MYX to decrease by 24.92% to reach $2.03 by November 26, 2025, and lose 17.93% to reach $2.22 by April 25, 2026. For 2026, MYX is forecasted to trade within a range of $1.90 to $2.71, with potential gains of 1.77% reaching the higher target of $2.71.

Moderate Estimates

3commas forecasts that by 2026, the minimum value will reach $2.93 and the average market value will be $3.36 per coin. Bitget projects MYX Finance at $5.84 in January 2026, $5.86 in February 2026, and $5.96 in June 2026, with yearly predictions of $5.97 in 2026.

Bullish Estimates

CoinPedia indicates a potential rally in Q1 2026 driven by fresh liquidity and improving market sentiment, possibly reaching an all-time high of $19.19, with prices potentially reaching $8.50 by the end of January if the $6.00 resistance is surpassed. Conservative estimates suggest MYX could trade between $11 and $24, while bullish models point to highs above $50, with balanced forecasts placing it between $20 and $40.

Analyst Forecasts for 2026

CryptoRank forecasts $9 (-50%) at the lowest and $20 (+10%) at the peak; Bitnation predicts $34.46 (+90%) at the minimum and $43.85 (+145%) at the maximum; DigitalCoinPrice places MYX between $14.14 (-20%) and $34.63 (+90%).

Medium-Term Predictions (2027-2028)

Conservative Estimates

MYX Finance is projected to have a minimum price of $3.08 in 2027, with a maximum price not exceeding $3.90. MYX could hit an average price of $3.00 by 2027, with a high of $3.90.

Moderate Estimates

Bitget projects $6.27 in 2027. MEXC forecasts the 2027 price at $16.14 with a 10.25% growth rate, and 2028 at $16.95 with a 15.76% growth rate.

Bullish Estimates

CoinCodex suggests MYX could move between $11.26 (-40%) and $39.47 (+120%), averaging around $21.14 (+15%); CryptoRank analysts see a range from $10.5 (-40%) to $24 (+35%), with an average of $16 (-10%).

2028 Projections

The 2028 projection indicates MYX might average $3.40, reaching highs of $4.40. Bitnation offers the strongest prediction, expecting $50.12 (+180%) to $59.52 (+230%); DigitalCoinPrice predicts a minimum of $33.82 (+85%) and a maximum of $40.33 (+125%).

Long-Term Predictions (2029-2030)

Conservative Estimates

CoinCodex's 2030 price prediction is between $3.17 on the lower end and $5.47 on the high end, with potential gains of 105.55% reaching the upper price target. MYX could be averaging $4.20 with a peak of $5.10 in 2030 if adoption levels don't decrease.

Moderate Estimates

Bitget projects $7.26 in 2030. MEXC forecasts 2029 at $17.80 with a 21.55% growth rate, and 2030 at $18.69 with a 27.63% growth rate.

Bullish Estimates

With innovation in cross-chain derivatives and rising on-chain activity, MYX could reach $30 by 2026 and up to $50 by 2030 if similar momentum continues. If MYX becomes a major on-chain derivatives platform with strong liquidity and revenue, long-term forecasts suggest prices near $40–$48 by 2030. CryptoRank expects MYX to trade between $13.5 (-25%) and $32 (+75%), with an average of $21 (+15%); Bitnation remains very optimistic, forecasting $81.44 (+350%) to $90.84 (+405%); DigitalCoinPrice predicts $60.55 (+235%) at the minimum and $72.01 (+300%) at the maximum.

Key Price Catalysts and Drivers

MYX Finance's V2 upgrade (anticipated for late 2025) aims to introduce portfolio margin features, cross-chain interoperability, and zero-slippage execution. The upgrade aligns with MYX's goal to rival centralized exchanges in efficiency, and successful execution could attract institutional traders and increase trading volume.

Trading volume more than doubled during the year, climbing from $51 billion in January 2025 to $123.18 billion by early December, while earnings more than doubled from $18 million to $54.83 million.

Risk Factors and Invalidation Scenarios

Supply Dilution Concerns

Only 20 percent of MYX's total supply is circulating, with 75 percent scheduled to unlock by March 2028, which could cause serious dilution unless offset by surging demand.

Market Manipulation Warnings

Several independent analysts have voiced strong concerns about the sustainability of MYX's explosive rise. MrsBeastDeFi has already sold most of her holdings and expects a brutal correction, with MYX potentially falling below one dollar, describing the current rally as heavily manipulated.

Budhil Vyas, a data scientist featured on CNBC, questions the token's fundamentals, criticizing MYX's valuation and pointing to a dead GitHub repository, lack of developer activity, and weak community presence. His conclusion is that this could either be a massive insider play or end up as one of the largest rug pulls in history.

Technical Concerns

CoinGape points out additional red flags such as extremely overbought indicators, lack of organic social media discussion, and weak community engagement despite the price surge.

Macro Headwinds

MYX could outperform if risk appetite returns, but broader market downturns (e.g., BTC < $85K) may cap gains. The crypto Fear & Greed Index sits at 27 (Extreme Fear), with Bitcoin dominance at 59%, though MYX rose 15% in 24h while BTC/ETH fell, showing sector rotation into mid-cap DeFi tokens.

Prediction Summary Table

Timeframe	Conservative	Moderate	Bullish
2025-2026	$1.90–$2.71	$3.36–$5.97	$20–$50
2027-2028	$3.00–$3.90	$6.27–$16.95	$24–$59.52
2029-2030	$3.17–$5.47	$7.26–$18.69	$40–$90.84

Sources

CoinCodex - https://coincodex.com/crypto/myx-finance/price-prediction/
3commas - https://3commas.io/predictions/myx-finance
Bitget - https://www.bitget.com/price/myx-finance/price-prediction
CoinPedia - https://coinpedia.org/price-prediction/myx-finance-price-prediction/
StealthEX - https://stealthex.io/blog/myx-finance-price-prediction-is-myx-coin-a-good-investment/
MEXC - https://www.mexc.com/price-prediction/MYX
Kraken - https://www.kraken.com/price-prediction/myx-finance
Coinbase - https://www.coinbase.com/price-prediction/myx-finance
CoinMarketCap - https://coinmarketcap.com/currencies/myx-finance/
Exolix - https://exolix.com/blog/myx-finance-myx-price-prediction
Traders Union - https://tradersunion.com/currencies/forecast/myx-usd/daily-and-weekly/

How high can MYX Finance (MYX) go?

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MYX Finance (MYX) Price Potential Analysis

Current Market Position

MYX Finance currently ranks #49 with a market cap of $1.44 billion, though recent data shows variation across sources. MYX Finance is a decentralized perpetual futures exchange that enables zero-slippage trading through its innovative Matching Pool Mechanism. The token operates with a fixed total supply of 1 billion tokens, with approximately 190-251 million tokens currently in circulation depending on the source.

Historical Performance and All-Time High

The all-time high of MYX Finance is $19.01, the highest price since launch. MYX launched in May 2025 with an IDO price of just $0.009 per token, representing extraordinary volatility. The token surged 1240% in a week, reaching an all-time high of $17.94, driven by an upcoming V2 protocol upgrade and increased derivatives activity. Current price of approximately $5.40 represents a 71% decline from the ATH.

Market Cap Comparison Analysis

Current Valuation Context:

Current market cap: ~$1.05-1.44 billion
Fully diluted valuation (FDV): ~$5.49 billion
DEX category market cap: $20.6 billion
Derivatives category market cap: $9.14 billion

Competitive Positioning:
Hyperliquid, dYdX, and GMX are the most well-known perpetual DEX competitors. GMX has the highest market capitalization among decentralized derivatives protocols, followed by dYdX, with GMX's market cap almost twice that of dYdX. MYX's current market cap positions it significantly below established competitors, suggesting room for market share capture if adoption accelerates.

Supply Dynamics Impact

The token distribution creates important dynamics:

40% allocated to ecosystem incentives, 20% to core contributors, 17.5% to investors, 14.7% to airdrop, 4% to initial liquidity, and 2% to community round
The Token Generation Event occurred on May 6, 2025, with phased unlocks over 5 months
Significant unlock schedules remain, which could create selling pressure as tokens vest

The gap between circulating supply (190-251M) and fully diluted supply (1B) means current price reflects only 19-25% of total token supply being liquid. As more tokens unlock, maintaining price levels requires sustained demand growth.

Network Effects and Adoption Metrics

MYX serves over 170,000 traders with $31.87 million in TVL and weekly trading volume of $2.2 billion. The platform has over $40M in TVL and $59B traded. Derivatives trading on DEXs surged faster than spot, with perpetual swap activity growing 120%+ year-on-year, indicating strong tailwinds for the category.

MYX Finance partnered with AEON to integrate the $MYX token into AEON Pay, a Web3 mobile payment solution, announced on September 29, 2025, significantly expanding the utility of the $MYX token. This represents a growth catalyst beyond pure trading functionality.

TAM (Total Addressable Market) Analysis

The addressable market spans multiple segments:

Perpetual Derivatives Market: The total derivatives volume is $272 billion, with perpetual swap activity growing 120%+ year-on-year
DEX Growth Trajectory: DEXs are expected to capture 30-35% of spot volume by 2030, with similar potential in derivatives
User Adoption: 34% of new traders selected a DEX as their first platform in 2025, up from ~22% in 2024

Price Scenario Analysis

Conservative Scenario (Modest Growth):

Assumes 2-3x market cap expansion over 3-5 years
Target market cap: $3-4.3 billion
Implied price (at current circulating supply): $15.80-22.60
Rationale: Modest market share gains in derivatives, limited token unlock impact

Base Scenario (Current Trajectory Continuation):

Assumes 4-6x market cap expansion as perpetual DEX adoption accelerates
Target market cap: $5-7 billion
Implied price (at current circulating supply): $26.30-36.80
Rationale: Continued growth in derivatives trading volume, successful partnerships, improved liquidity

Optimistic Scenario (Maximum Realistic Potential):

Assumes 8-12x market cap expansion with significant market share capture
Target market cap: $10-15 billion
Implied price (at current circulating supply): $52.60-78.80
Rationale: MYX becomes a top-3 perpetual DEX, captures meaningful derivatives market share, token unlock completed with sustained demand

Growth Catalysts

V2 Protocol Upgrade: An upcoming V2 protocol upgrade drove significant price appreciation
Cross-Chain Expansion: The protocol is live on Linea, Arbitrum, and BNB Chain with work underway to expand chain abstraction to non-EVM ecosystems such as Solana
Real-World Utility: Integration with payment solutions enhances crypto adoption by providing practical, seamless use cases for digital assets in daily transactions
Market Expansion: Near-term upgrades focus on cross-margin between markets and full cross-chain portfolio margining

Limiting Factors and Realistic Constraints

Liquidity Challenges: Decentralized derivatives markets often struggle with liquidity issues, which can lead to less efficient pricing and higher slippage compared to centralized exchanges
Regulatory Uncertainty: In some jurisdictions, their regulatory status is still unclear
Token Unlock Risk: Substantial vesting schedules could create selling pressure, particularly if market sentiment weakens
Competitive Pressure: Established competitors with larger user bases and deeper liquidity present ongoing competitive challenges
Smart Contract Risk: The complexity of smart contracts underlying these derivatives introduces new risks, as coding errors can result in significant losses
Market Volatility: MYX is highly volatile and subject to controversies

Key Valuation Considerations

The FDV of $5.49 billion at current price suggests the market prices in significant future dilution. For price appreciation to materialize, token demand must grow faster than supply expansion. The 71% decline from ATH indicates market correction from speculative peaks, though the underlying protocol continues development and user acquisition.

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How to buy MYX Finance (MYX)?

Now I have comprehensive information to create a detailed guide. Let me compile this into a well-structured purchasing guide for MYX Finance.

Comprehensive Guide to Purchasing MYX Finance (MYX)

Quick Overview of Purchase Options

MYX Finance (MYX) can be acquired through multiple channels:

Centralized Exchanges (CEX): Most beginner-friendly option with fiat payment support
Decentralized Exchanges (DEX): Direct wallet-to-wallet trading without intermediaries
Peer-to-Peer (P2P): Direct trading between users
Non-Custodial Wallets: Some wallets offer built-in swap functionality

Detailed Exchange Comparison Table

Exchange	Type	Trading Pairs	Liquidity	KYC Required	Payment Methods	Notable Features
Bitget	CEX	MYX/USDT (primary)	Highest	Yes	Card, Bank Transfer	Most active trading pair; $1.45M+ daily volume
MEXC	CEX	MYX/USDT	High	Minimal*	Card, Bank Transfer, P2P, OTC	Low fees; 100+ payment options; flexible KYC
BigONE	CEX	MYX/USDT	Medium	Yes	Multiple methods	Popular alternative
BingX	CEX	MYX/USDT	Medium	Yes	Multiple methods	Popular alternative
PancakeSwap	DEX	MYX/BNB, MYX/BUSD	Variable	No	Crypto only	BSC-based; requires BNB for gas
Uniswap	DEX	MYX/ETH, MYX/USDC	Variable	No	Crypto only	Ethereum-based; higher gas fees
1inch	DEX	Multiple routes	Aggregated	No	Crypto only	Route optimization; gas savings

*MEXC allows basic trading without KYC but enforces limits (1,000 USDT daily for unverified accounts in certain regions)

Step-by-Step Purchase Guide: Centralized Exchange Method (Bitget)

Why Bitget: The most popular exchange to buy and trade MYX Finance is Bitget, where the most active trading pair MYX/USDT has a trading volume of $1,450,493.83 in the last 24 hours.

Step 1: Create and Verify Your Account

Visit Bitget's official website (bitget.com)
Click "Sign Up" and enter your email address or phone number
Create a strong password (minimum 8 characters with mixed case and numbers)
Verify your email or phone through the confirmation link
Enable two-factor authentication (2FA) using Google Authenticator or similar app
Complete KYC verification:
- Provide full legal name and date of birth
- Upload a government-issued ID (passport, driver's license, or national ID)
- Take a selfie for facial verification
- Verification typically completes within 24 hours

Step 2: Add a Payment Method

Navigate to "Account" → "Payment Methods"
Select your preferred payment option:
- Credit/Debit Card: Visa or Mastercard (fastest option)
- Bank Transfer: SEPA (Europe), SWIFT (international), or local bank transfers
- Digital Wallets: Apple Pay, Google Pay (where available)
Enter payment details and complete any additional verification
Set daily spending limits according to your needs

Step 3: Deposit Funds

Go to "Wallet" → "Deposit"
Select your payment method
Choose USD or your local currency
Enter the amount you wish to deposit
Complete the transaction following on-screen instructions
Funds typically arrive within minutes for card payments, 1-3 business days for bank transfers

Step 4: Navigate to the Trading Section

Click "Trade" or "Spot Trading" in the main menu
Search for "MYX" or "MYX/USDT" in the trading pairs
The MYX/USDT pair will display current price, 24-hour change, and trading volume

Step 5: Place Your Order

Select order type:
- Market Order: Buy immediately at current price (fastest)
- Limit Order: Set your desired price and wait for execution (may not fill)
Enter the amount of MYX you wish to purchase
Review the total cost (amount × price + fees)
Click "Buy MYX" or "Place Order"
Confirm the transaction through 2FA if prompted
Order executes and MYX appears in your exchange wallet

Step 6: Secure Your Holdings

After purchase, transfer MYX to a personal wallet for enhanced security
Go to "Wallet" → "Withdraw"
Select MYX and choose the appropriate blockchain network (BNB Chain)
Enter your wallet address
Confirm withdrawal and verify through 2FA
Funds arrive within 5-30 minutes depending on network congestion

Alternative: Decentralized Exchange Method (PancakeSwap)

For users preferring non-custodial trading:

Prepare Your Wallet:
- Install MetaMask or Trust Wallet browser extension
- Fund wallet with BNB (Binance Coin) for gas fees and trading
- Connect wallet to PancakeSwap (pancakeswap.finance)
Execute the Swap:
- Click "Trade" → "Swap"
- Select BNB as input token
- Search for MYX as output token
- Enter amount of BNB to swap
- Review price impact and slippage tolerance (typically 0.5-1%)
- Click "Swap" and confirm in your wallet
- Transaction completes on-chain
Advantages: No KYC, full custody, lower fees for small amounts
Disadvantages: Requires crypto knowledge, higher gas fees, price slippage possible

Wallet Recommendations

Hot Wallets (For Active Trading)

MetaMask

MetaMask offers integrations with multiple hardware wallets, while Trust Wallet only supports Ledger
Best for: Ethereum and EVM-compatible networks (BSC, Arbitrum, Polygon)
Features: Browser extension and mobile app, DApp access, token swaps
Security: On-device encryption, biometric authentication, hardware wallet integration
Fees: 0.30-0.875% swap fee plus network gas fees
Official: metamask.io

Trust Wallet

Trust Wallet was built with beginners in mind: it comes pre-loaded with major blockchains, automatically detects tokens and NFTs from multiple chains, and offers a dramatically simplified layout
Best for: Multi-chain support, mobile-first users, beginners
Features: 70+ blockchain support, native staking, NFT gallery, DApp browser
Security: PIN protection, biometric authentication, 12-word seed phrase
Fees: No wallet fees; only blockchain gas fees apply
Official: trustwallet.com

Exodus

Best for: Desktop users seeking intuitive interface
Features: Multi-asset support, built-in exchange, portfolio tracking
Security: Private key encryption, seed phrase backup
Official: exodus.com

Cold Wallets (For Long-Term Storage)

The safest crypto wallets available now are generally considered to be hardware wallets like Ledger and Trezor. They are safest because they store your private keys completely offline, isolating them from internet-connected devices.

Ledger Nano S Plus / Nano X

Security: Secure Element chip, Private keys, all transactions must be physically confirmed on the device, Recovery solutions, unique 24-word seed phrase generation. All the devices have USB connectivity and Bluetooth, except for the classic Ledger Nano S plus.
Cost: $79-149 USD
Official: ledger.com

Trezor Model T / Model One

Features: Open-source firmware, touchscreen interface, Shamir backup
Cost: $99-199 USD
Official: trezor.io

Tangem Wallet

Tangem Wallet stands out due to its credit card-sized, NFC-powered hardware that doesn't require a battery or cables. The wallet's secure chip was assigned a EAL6+ certification (the same level of protection used in passports) and its firmware has passed two audits from the independent Swiss company Kudelski Security and the international security laboratory Riscure.
Cost: $19.99 USD
Official: tangem.com

Best Practice: Always buy a hardware wallet directly from the manufacturer and never second-hand.

Trading Pairs and Network Information

Available Trading Pairs:

MYX/USDT (primary pair, highest liquidity)
MYX/BNB (on decentralized exchanges)
MYX/BUSD (on decentralized exchanges)
MYX/ETH (on Ethereum-based DEXs)

Blockchain Networks:
The protocol is live on Linea, Arbitrum, and BNB Chain, and already recognises collateral deposited across more than twenty networks.

Contract Address (BNB Chain):
0xd82544bf0dfe8385ef8fa34d67e6e4940cc63e16

Fee Comparison Across Platforms

Platform	Trading Fee	Deposit Fee	Withdrawal Fee	Swap Fee
Bitget	0.1% maker / 0.1% taker	Free	Network dependent	Included in trading
MEXC	0.1% maker / 0.1% taker	Free	Network dependent	Varies by DEX
MetaMask	N/A	N/A	N/A	0.30-0.875%
Trust Wallet	N/A	N/A	N/A	0% (DEX fees vary)
PancakeSwap	0.25%	N/A	N/A	0.25%
Uniswap	0.01-1%	N/A	N/A	0.01-1%

Note: Withdrawal fees depend on network congestion. BNB Chain typically costs $0.10-$1.00 per transaction.

Security Best Practices for Buying and Storing MYX

Before Purchase

Verify Official Sources
- Only use official exchange websites (check URL carefully)
- Download wallets only from official app stores or websites
- Bookmark trusted sites to avoid phishing
Enable Security Features
- Activate two-factor authentication (2FA) on all accounts
- Use authenticator apps (Google Authenticator, Authy) rather than SMS when possible
- Create unique, strong passwords (16+ characters with mixed case, numbers, symbols)
Research the Exchange
- Check security audit reports and certifications
- Review user feedback on independent platforms
- Verify exchange has insurance or security guarantees

During Purchase

Verify Contract Address
- When using DEXs, always confirm the token contract address matches official sources
- Beware of scams and make sure you got the official contract address.
- Copy-paste addresses rather than typing manually
Check Transaction Details
- Review all transaction information before confirming
- Verify receiving wallet address is correct
- Confirm gas fees are reasonable for current network conditions
Avoid Suspicious Offers
- Never click links from unsolicited messages
- Ignore "too good to be true" promotional offers
- Don't share private keys, seed phrases, or passwords with anyone

After Purchase

Transfer to Personal Wallet
- Move MYX from exchange to self-custody wallet within 24 hours
- Use small test transaction first if unfamiliar with process
- Verify tokens arrived before transferring larger amounts
Secure Your Recovery Phrase
- Write down 12 or 24-word seed phrase on paper
- Store in multiple secure locations (safe, safety deposit box)
- Never photograph or digitally store the phrase
- Never share with anyone
Hardware Wallet Setup (for significant holdings)
- Using a hardware wallet with MetaMask adds a layer of security to your self-custody journey.
- Connect hardware wallet to MetaMask or Trust Wallet for transactions
- Physically confirm all transactions on device screen
- Keep firmware updated
Regular Account Maintenance
- Periodically verify wallet balance and transaction history
- Update passwords every 3-6 months
- Review connected apps and revoke unnecessary permissions
- Monitor for suspicious activity

KYC Requirements Overview

General KYC Process

A secure and reputed exchange will often ask you to complete KYC verification. Information required for KYC will vary based on your nationality and region. Users who pass KYC verification will have access to more features and services on the platform.

Typical KYC Levels

Level 1 (Basic)

Email or phone verification
Allows small deposits/withdrawals
Limited trading features

Level 2 (Intermediate)

Full name, date of birth, address
Government ID upload
Selfie verification
Typical processing: 24 hours
Increased withdrawal limits

Level 3 (Advanced)

Additional documentation (proof of address, source of funds)
Enhanced verification
Full platform access
Highest withdrawal limits

MEXC Specific KYC Details

MEXC allows users to trade and buy MYX with minimal KYC requirements. However, for higher purchase limits and enhanced security, completing identity verification is recommended.

The standard limit is 1,000 USDT equivalent per day for unverified accounts, though this may vary by region and regulatory requirements.

Accepted Documentation

Government-issued passport
Driver's license
National ID card
Voter's card (varies by region)

Regional Restrictions

Regional restrictions have become more prominent, with users from certain jurisdictions facing different KYC requirements and access limitations.

Typically restricted regions include:

United States (limited exchange access)
Certain sanctioned countries
Russian-controlled regions of Ukraine

Regional Availability Notes

Global Availability:

Bitget: Available in 180+ countries (check local regulations)
MEXC: Worldwide except restricted regions; US users have limited access
Binance: Restricted in US; use Binance.US alternative
Kraken: Available in most regions; check local compliance

Payment Method Availability:

Credit/Debit Cards: Most regions
Bank Transfers: SEPA (Europe), SWIFT (international), local methods vary
P2P Trading: Available in most regions for peer-to-peer fiat exchanges
Stablecoins: USDT, USDC, BUSD available globally

Verification Requirements by Region:

EU: Stricter KYC requirements under MiCA regulations
Asia: Varies by country; Singapore, Hong Kong more regulated
Africa: Growing exchange access; some payment method limitations
Americas: US has most restrictions; Latin America generally accessible

Alternative Purchase Methods

1. P2P Trading (Peer-to-Peer)

Process:

Access exchange's P2P section (MEXC, Binance offer this)
Browse available offers from sellers
Select offer matching your desired price and payment method
Initiate trade and send payment to seller
Seller releases MYX upon payment confirmation
Receive MYX in your exchange wallet

Advantages: Local payment methods, potentially better prices, no KYC required for small amounts
Disadvantages: Slower process, counterparty risk, requires trust