MYX Finance Skyrockets Over 300% to Hit All-Time High at $1.4
MYX Finance skyrockets over 300% to $0.93, driven by a $2 billion volume and listing on Binance Alpha. Wondering how to buy MYX on Bitget ? Don't miss our DeFi opportunity guide.
MYX Finance skyrockets over 300% to $0.93, driven by a $2 billion volume and listing on Binance Alpha. Wondering how to buy MYX on Bitget ? Don't miss our DeFi opportunity guide.
MYX Finance has just delivered one of the most spectacular performances in the crypto market with a surge of +300% in just a few days, propelling the token from $0.20 to an all-time high of $1.4 on August 4, 2025. This explosion comes with exceptional trading volume exceeding $2 billion, demonstrating massive investor enthusiasm for this decentralized derivatives protocol.
MYX’s market capitalization has jumped to over $100 million, positioning the project among the top DeFi performers. This remarkable performance places MYX Finance at rank #226 on CoinMarketCap, with a daily volume of $181 million confirming the token’s exceptional liquidity. The volume-to-market cap ratio of more than 140% illustrates the intense speculative activity surrounding this project.
This price explosion coincides with several major catalysts: successful integration on Binance Alpha, expansion of the perpetual trading ecosystem, and growing recognition of MYX as the DEX perpetual benchmark on Binance Smart Chain. The 133.75 million tokens in circulation out of a total supply of 1 billion also create a relative scarcity that amplifies price movements.
But it’s primarily happening because a token unlock (3.9% of supply) is scheduled for tomorrow, August 6th.
MYX Finance has established itself as the dominant decentralized derivatives protocol on Binance Smart Chain with $342.78 million in perpetual volume, far outpacing competitors Aster ($259M) and Orderly ($246M). This leadership position stems from its innovative Matching Pool mechanism that ensures deep liquidity and ultra-competitive fees of 1 bp (0.01%).
The protocol allows trading perpetual contracts on any token, from blue-chips to the latest memecoins, with a user experience comparable to centralized exchanges. This unique flexibility, combined with chain abstraction technology, enables seamless cross-chain integration and unified management of perpetual trading positions.
The MYX ecosystem extends beyond perpetual trading with advanced yield farming, staking, and lending features that deliver CEX-level performance in a decentralized environment. This holistic approach, backed by $10.5 million in funding from prestigious investors like HashKey Capital and Consensys, positions MYX Finance as the next-generation DeFi infrastructure.
With MYX at $1.5, many traders are wondering : should they buy or wait for a deeper consolidation ? On one hand, the +300% performance suggests intact bullish momentum with solid fundamentals and growing adoption. On the other hand, extreme volatility calls for a cautious approach.
The listing on Binance Alpha and availability on Bitget provide easy access to the MYX token with significant liquidity and advanced trading tools. MYX Finance’s dominant position on BSC, combined with planned expansion to other blockchains, suggests significant growth potential in the medium term for investors convinced by the decentralized derivatives revolution.
This explosion of MYX Finance illustrates the disruptive potential of innovative DeFi protocols that solve real infrastructure problems. As always with highly volatile tokens, it’s essential to understand the risks and never invest more than you can afford to lose in this rapidly evolving sector.
Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.
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