MYX Finance is an innovative next-generation derivatives platform designed with a focus on maximum capital efficiency for liquidity providers and cross-chain flexibility for traders. The unique MPM architecture and deep chain abstraction are changing the approach to DeFi trading.
MYX Finance's unique value proposition (USP)
Matching Pool Mechanism (MPM)
Unlike classic pools where LPs take on all of traders' directional risk, MPM offsets real traders' opposing longs and shorts against each other. The MLP pool acts as a temporary buffer, minimizing liquidity providers' risk and multiplying capital utilization.
End-to-end chain abstraction (Chain Abstraction)
The Particle Network and Seamless Key integrations allow collateral assets from more than 20 different blockchains (including Solana, Bitcoin and the leading EVM chains) as margin. Traders can trade from a single account, completely avoiding manual cross-chain bridging.
Gas-free, slippage-free trading
Syncing with the low-latency Pyth Network oracles delivers trade execution with zero slippage (Zero Slippage). Additionally, the Seamless Key technology lets traders place, amend and cancel orders without paying a network gas fee.
MYX Finance versus the market standard (AMM)
The market standard of decentralized spot platforms running the automated market maker (AMM) formula with concentrated liquidity (Uniswap v3, PancakeSwap) is unfit for efficient perpetuals trading. Traders face spreads and slippage on large orders, are exposed to MEV attacks and must pay volatile network gas on every transaction attempt.
MYX Finance offers perpetual contract trading with 50x-100x leverage built on the unique MPM pool (the P2Pool2P model). Every trade executes with zero slippage at the real-time Pyth oracle, and the built-in abstraction completely frees the trader from gas fees when working the order book. Base fees are just 0.040% maker / 0.060% taker, reducible to -0.010% maker (a rebate) at VIP tiers.
The main alternatives (direct competitors)
Below are the key decentralized derivatives platforms traders consider as MYX Finance alternatives:
EdgeX
Holdstation (DeFutures)
Frequently Asked Questions (FAQ)
What is the main difference between MYX's MPM liquidity model and classic pools like GMX?
MYX's MPM (Matching Pool Mechanism) model operates on a Peer-to-Pool-to-Peer principle. Unlike GMX, where liquidity providers constantly carry the risk of traders' open interest, MPM automatically offsets real traders' opposing longs and shorts against each other with a small time delay. The MLP pool is used only as a temporary clearing buffer, minimizing default risk and increasing LP capital efficiency.
How does Chain Abstraction work on the MYX platform?
Through the Particle Network and Seamless Key protocol integrations, traders can top up their trading balance and use collateral assets from more than 20 different networks (including Solana and Bitcoin) as margin. All cross-network transfers are hidden under the interface's hood, enabling one-click trading with no manual bridging.
Do users pay gas when trading on MYX?
No. Thanks to the gasless Seamless Key key-delegation technology and the relayer network integration, all order placement, modification and cancellation transactions run without the end trader paying network gas.