Create a perp market permissionlessly for any token now with 0.1 USD on MYX. Give it your shot. Let me know what you think app.myx.finance/market

At MYX, every new asset is an experiment. Not because we chase novelty, but because markets evolve only when someone is willing to test the edges. V2 marks the beginning of a new chapter. Innovation doesn’t come from product alone. It comes from how people use it. MYX exists to give users that freedom. MYX isn't just another DEX, but a place where trading itself evolves—into something more open, expressive, and permissionless.

Memes move culture. And in today’s world, memecoins have become one of the most potent distribution engines—faster than film, louder than music. At MYX, we aim to amplify that creative energy and give the meme ecosystem more room to grow. But the space is wide, and not every project has substance. Discernment matters. Choose wisely.

As both a DeFi builder and a trader, the inspiration for MYX V2 has always been clear: build something decentralized at the core and designed for traders first. V2 isn’t born overnight. Great products evolve—through iteration, precision, and relentless refinement. We’re close. And everyone is hyped. V2 will be the beginning of a entirely new adventure! Stay tuned as we shape what comes next.

Being overly innovative could be extremely dangerous. But honestly, I think it is time to make perpetual trading truly permissionless and decentralized.

Personally, I save thousands of dollars of fees and slippage on MYX monthly. It would be unwise to trade perps anywhere else onchain

Trade MYX on MYX, lmao, must be fun

$MYX is powering the future of perpetual DEXes

Gas down to 0.1 gwei = ≈ $0.10 per MYX trade on BNB Chain. • $1 K position → 1 bp gas • $10 K position → 0.1 bp gas Hat tip to @BNBCHAIN and visionaries @heyibinance & @cz_binance for squeezing friction out of finance. One step closer to zero‑gas trading for everyone. 🚀

Still taking it in—30,296 % oversub is more than a stat, it’s your vote of confidence. Endless thanks to every supporter, and to our partners @BinanceWallet & @PancakeSwap for making the lift possible. Today’s TGE is a milestone, not a finish line. We’ll keep building until cross‑chain, wallet‑free perps feel as simple as sending a DM. Stay close—#DemocratizeAlpha has only just begun.

Make sure you join the IDO event tomorrow! LFG!

0 | Is an on‑chain order book really impossible? Most people still think so. They picture Binance‑style engines—thousands of postings and cancels of orders per second, colocation cabinets, zero‑latency quotes—and then look at block‑space, gas, and the seconds-long finality. The numbers don’t add up, so the verdict is “can’t be done.” That verdict only holds if you copy TradFi machinery verbatim. Strip an order book down to its purpose—capital‑efficient order matching—and you can rebuild it for a blockchain’s constraints. That rebuild is MYX’s Matching‑Pool Mechanism (MPM), a new trading engine that does three things at once: 1. Keep spreads tighter than a CEX book, no slippage. 2. Runs on the same gas cost as a single AMM swap. 3. Lets LPs recycle a tiny float into huge turnover—just like pro market‑makers. 1 | Why CEX books look impossible on‑chain A centralized order book works because professional market‑makers (MMs) constantly: 1. Spread capital across ticks above and below the mid‑price. 2. Absorb taker flow on the near side. 3. Offload the risk to takers on the far side. 4. Cancel and repost every quote each time the mid moves. That last step is the killer: if you try it on Ethereum you set money on fire. But the reason for the step is simple—keep liquidity glued to the mid with minimal idle capital. MPM keeps the reason, drops the step. 2 | Why on‑chain is non‑negotiable Closed, off‑chain engines may look faster, but they can’t plug into the rest of DeFi. A permissioned database can’t be trustlessly composable; you can’t route collateral, automate liquidations, or stack structured products on top of something you don’t control. By staying on‑chain, MPM becomes LEGO‑ready infrastructure for the coming explosion of derivatives primitives—options vaults, structured notes, re‑staked LP futures—each calling the same contract, auditing the same state, and inheriting the same security guarantees. Speed can be optimized, openness is binary. Off‑chain systems will always be walled gardens; on‑chain systems become public railways. MPM removes the final efficiency gap without sacrificing the openness that lets builders innovate at lightning speed. That’s how we move from isolated exchanges to a shared, composable clearing layer—and how we take the next step toward our goal: Democratize Alpha for All. 3 | From explicit quotes to an implicit book（MPM） MPM treats the liquidity pool itself as a passive market‑maker: · Implicit quoting. At any moment the pool guarantees to trade at the oracle mid‑price. No limit‑order objects are posted; nothing is cancelled. · One‑second refresh. Each second the oracle moves; the pool’s reference price moves with it—no gas‑heavy re‑listing. · Same gas as an AMM swap. A trade is a single state update; the “quote maintenance” cost is effectively zero. Think of it as a shadow book that slides along the price line block‑by‑block—always present, never visible. 4 | Capital efficiency that matches CEX desks Because the pool only absorbs the net long‑short imbalance, its working capital can back 20× open interest (OI) and 100× daily notional—numbers familiar to anyone who’s read Binance depth reports. Example: Pool holds 1 BTC + $100 k USDT. · Trader A longs 1 BTC → pool becomes short 1 BTC. · Trader B shorts 1 BTC → pool net exposure returns to zero. Two trades, $200 k notional, neutralized pool. Repeat the cycle ten times and a single BTC bankroll supports 20 BTC of open positions and day‑over‑day volume >100× the pool value. 5 | Capital efficiency in numbers: order‑book MM vs GMX pool vs MPM *Depth within ±0.5 % of mid‑price used as a proxy for “usable liquidity.” Takeaway: Traditional order books achieve a 100× capital‑turnover by letting market‑makers recycle risk at lightspeed; GLP’s liquidity pool reaches only ~0.76× because it must be the counterparty to all trader's positions. MPM restores the 100× ratio on‑chain without visible quotes, without gas‑heavy cancels, and without sacrificing self‑custody. The PARTI / USDT perp is a live showcase of MPM’s efficiency: with only $100 k sitting in the pool, the pair now clears roughly 10 × that amount in daily volume—and the fee‑plus‑funding stream has already pushed the LP APR to an impressive 372 %. Because MPM lets the pool hold just the net long‑short imbalance, the same collateral can recycle through ten full turns every day, giving traders CEX‑tight spreads while channeling the economics of professional market‑making straight back to liquidity providers. 6 | Keeping the pool balanced MPM uses two levers already familiar to perp traders: 1. Funding rate, updated every 8 hours with the dominant side paying. 2. Maker rebate that flips negative for orders helping restore balance. If longs dominate, shorts can earn a fee—even on what looks like a market order—so arbitrage desks jump in and flatten the skew. 7 | Fail‑safe: on‑chain auto‑deleverage When volatility spikes so hard that closing a big side would dump more delta on the pool than it can handle, MPM triggers an auto‑deleverage mechanism. The system force‑closes profitable opposite positions from highest P&L downward until liquidity is sufficient—same principle CEXs use, but baked into the contract and visible to everyone. 8 | Pushing the envolope The Matching‑Pool Mechanism marks the first true leap in on‑chain market structure since Uniswap. It delivers CEX‑grade depth and 100 × capital‑turnover inside a fully decentralized, self‑custodial system—no hidden order spam, no off‑chain servers, no MEV games. 9 |Where we’ve been → where we are The Future of Perpetuals Is Already Onchain!

I know what you’re thinking—“I’m done being the bag‑holder.” The fix is simple: get in early. Tens of thousands are already front‑running the hype on‑chain with meme‑coin trades. Alpha is finally being democratized, and MYX is here to push the throttle—wallet‑free, gasless, permissionless perpetuals on any chain. On-chain is where price discovery now begins, but the UX is stuck in 2017—wallet pop-ups, gas pop-quizzes, bridge roulette. That friction is a velvet rope around alpha. Our job at MYX is to cut the rope. 🎯 Vision | Democratize Alpha for All A chain-abstracted, wallet-free perpetual exchange that: • lists any token minutes after birth • charges 1 bp fees with near-zero slippage • lets you long, short, or leverage without ever seeing a signature request 🔧 What we’ve already shipped •MPM — an on-chain matching engine that is as open, trustless, permissionless & composable as an AMM, yet as capital-efficient as a full order book. •Wallet-free trading — social login → instant Smart Key → trade. No gas, no pop-ups. •Chain abstraction — post collateral on one chain, trade assets on another—no bridges. •Long-tail listings — perpetual markets for tokens still waiting outside the CEX velvet rope. 📈 Proof it works The first community listing, $PARTI-USDT, launched with < $100 k liquidity. Daily volume: ~$2 M. LP APR: 160%+. And that’s before we hit our design goal of 10× open interest & 100× volume per dollar of liquidity. 🌍 Why the ceiling is high Hyperliquid showed that deep-liquidity DEX trading is real, massive, and here to stay. Uniswap proved that permissionless design kick-starts unstoppable ecosystem flywheels. MYX unites both breakthroughs—then removes the wallet barrier. We’re not chasing CEXs; we’re redefining the field they’ll need to enter. 🚀 Roadmap — next stop: Solana • Permissionless perp factory for every “cooking” meme coin on Solana. • Community vote spins up a market; code deploys in seconds; LPs earn 80 % of fees + trader losses. • One Smart Key still works everywhere. ⚙️ Why perps turbo-charge the ecosystem •True price discovery (you can finally short a rug). •10–20× more volume than spot alone. •Native token utility: providing perp liquidity. Spot books tighten, liquidity deepens, volatility becomes opportunity instead of risk. ❓ Open challenges we’re tackling • 99 % of meme coins trend to zero—how do you keep collateral safe? • AMM-only price feeds—how do you quote fairly, second-by-second? • Who LPs a high-risk meme perp, and why? These “impossible” questions are exactly where MYX is focused—details coming soon. Everything loops back to one purpose: Democratize Alpha for All. Less gatekeeping, more opportunity, completely decentralized If you share this vision, help build it with us. Try the product, grill the roadmap, break the demo—then tell us how to make it better. DMs open for feedback, ideas, and contributors. #DemocratizeAlpha #Permissionless #PerpDex

MYX is now officially the first chain-abstracted Perp DEX. Trade on BNB using SOL on Solana, then buy spot meme coins with the same Universal Account. The cross chain flexibility is unreal.