MYX (MYX) Price

MYX is a cryptocurrency powering the MYX Finance platform, a non-custodial derivatives exchange for trading perpetual contracts. Key features include: - Enables on-chain trading of perpetual contracts for virtually any token with an existing AMM market - Utilizes an innovative Matching Pool Mechanism (MPM) for efficient liquidity provision - Employs chain-abstracted wallet technology to allow seamless trading across multiple blockchains - Supports fully collateralized trades without manual intervention - Aims to lower capital costs for liquidity providers and remove network barriers for traders - Simplifies advanced derivatives trading to be as accessible as spot swaps As of 2026-05-08, MYX is ranked #378 with a price of $0.2494 and 24-hour trading volume of $204.77K. The circulating supply is 297.46M MYX out of a maximum supply of 1.00B MYX MYX tokens.

MYX was created in 2023. It operates on the BNB Smart Chain platform. The current circulating supply is 297.46M MYX.

The founders of MYX are Mark Zhang and a team of experienced developers. Mark Zhang previously served as the head of futures products at a major cryptocurrency exchange. MYX was launched in 2023 as a decentralized derivatives exchange protocol on the BNB Smart Chain. The founding team aimed to create a non-custodial platform for trading perpetual contracts on virtually any token with existing liquidity. Their goal was to lower capital costs for liquidity providers, remove barriers for traders, and make advanced derivatives as accessible as spot trading. With Mark Zhang's background in crypto futures products, the MYX team brought significant expertise to developing their decentralized derivatives protocol.

MYX operates as a decentralized derivatives exchange on the BNB Smart Chain. It enables on-chain trading of perpetual contracts for various tokens with existing AMM markets. Key features include: 1. Non-custodial trading: Users maintain control of their funds. 2. Capital efficiency: Lowers the cost of providing liquidity. 3. Simplified trading: Makes advanced derivatives as accessible as spot swaps. 4. Zero-slippage trades: Utilizes a unique Matching Pool Mechanism to match opposing trades algorithmically. 5. High leverage: Offers up to 50x leverage on trades. 6. Governance: The native MYX token is used for protocol governance. MYX aims to remove network-related barriers for traders and streamline the derivatives trading process. Its innovative liquidity model and matching mechanism help minimize price impact, allowing for more efficient trading. As of 2026-05-08, MYX is ranked #378 with a price of $0.2494 and a 24-hour trading volume of $204.77K. The circulating supply is 297.46M MYX MYX out of a maximum supply of 1.00B MYX MYX.

MYX's technical architecture is built on a unique Matching Pool Mechanism (MPM) that enables zero-slippage trading. This innovative system internally matches long and short positions, combining the speed of centralized exchanges with the transparency of DeFi. The MPM allows trades to execute instantly at marked prices without slippage, setting MYX apart from typical decentralized exchanges. The protocol operates on the BNB Smart Chain (BEP-20) platform, leveraging its efficiency and low transaction costs. MYX's smart contracts are designed to facilitate on-chain trading of perpetual contracts for a wide range of tokens with existing AMM markets. Key features of MYX's architecture include: 1. Cross-chain capabilities for enhanced interoperability 2. Non-custodial design, ensuring users maintain control of their assets 3. Advanced risk management systems to maintain protocol stability 4. Streamlined trading flow for simplified user experience The MYX team is continuously developing the protocol, with an upcoming V2 upgrade planned to further enhance its capabilities and efficiency in the DeFi ecosystem.

The future of MYX looks promising. The project aims to continue developing its non-custodial derivatives exchange and expand its offerings. Key roadmap milestones include: - Enhancing liquidity and capital efficiency - Launching new perpetual contract pairs - Improving the user interface and trading experience - Expanding cross-chain capabilities - Growing the community and ecosystem Price projections remain optimistic: - 2027: $0.2839 - 2031: $0.4088 - 2036: -- MYX aims to become a leading decentralized derivatives platform, lowering barriers for traders and simplifying advanced trading. With its focus on innovation and user-centric design, MYX is well-positioned for long-term growth in the evolving DeFi landscape. As always, investors should conduct their own research, as cryptocurrency markets can be volatile and unpredictable.

MYX is experiencing significant growth due to increased market demand and positive sentiment. The recent price surge of +2.04% in the last 24 hours, reaching a high of $0.2608, reflects strong investor interest. With a current market cap of $74.18M, MYX shows potential for further upward momentum in the near term.

MYX is dropping due to market corrections and profit-taking after its recent surge. The price reached $0.2608 but has since pulled back to $0.2494, down +2.04%. This volatility is normal for cryptocurrencies, especially following rapid gains.

MYX has shown impressive growth, reaching $0.2494 as of 2026-05-08. While predicting future prices is challenging, MYX could potentially reach $0.2839 by 2027 and $0.4088 by 2031 if current momentum continues. However, cryptocurrency markets are highly volatile.

MYX is expected to rise to $0.2839 by 2027. Current price is $0.2494. Predictions are based on recent market trends and analysis.

The current price of MYX (MYX) is $0.2494. As the #378 cryptocurrency by market cap, MYX has seen a +2.04% change in the last 24 hours with a trading volume of $204.77K.

The highest price MYX ever reached was $19.8980. This all-time high occurred on 2026-05-08.

The lowest price MYX has ever reached is $0.1887. This occurred on June 20, 2025, shortly after its launch.

Currently, 1 MYX is worth $0.2494.

MYX is valuable due to its innovative derivatives platform, strong market momentum, and growing popularity among crypto influencers. Its utility and potential for high returns make it an attractive investment option in the current market.

The total supply of MYX is 1.00B MYX, with 297.46M MYX currently in circulation as of 2026-05-08.

Mining MYX is currently not profitable due to high operational costs and low rewards. Profitability depends on MYX price ($0.2494), mining difficulty, and electricity costs. Consider current market conditions before investing in mining equipment.

MYX was launched on May 31, 2023. The cryptocurrency operates on the BNB Smart Chain (BEP20) platform and has gained significant attention in the MYX ecosystem since its inception.

Currently, one MYX costs $0.2494.

You can buy MYX through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy MYX at $0.2494.

To purchase MYX, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to MYX trading pair, enter purchase amount, and confirm your transaction. Store your MYX in a secure wallet for safekeeping.

Yes, MYX appears to be a legitimate cryptocurrency. It has an active trading volume of $204.77K and a market cap of $74.18M, indicating real user adoption. However, its price can be volatile, with 24-hour changes of up to +2.04%. As with any crypto investment, exercise caution.