Decentralized derivatives protocol MYX announces official mainnet launch
- bhoomisinghal0
- Feb 19, 2024
- 1 min read
The decentralized derivatives protocol MYX has officially announced the launch of its mainnet. Through its innovative MPM mechanism, it has achieved zero-slippage transactions and efficient matching of long and short positions, significantly enhancing capital efficiency and capital turnover rate, rivaling that of centralized exchanges. This achievement highlights MYX's exceptional ability to construct a trading platform that is secure,efficient,transparent,and demonstrates its significant profitability, aiming to redefine the decentralized derivatives protocol landscape. Previously, MYX successfully completed a $5 million seed funding round, led by HongShan.
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