Myx Finance
Risk Management
?Risk Management
The RMA™ is a blockchain credibility certification assessing governance, transparency, security, and results, providing trusted verification for businesses in Web3.
VaaSBlock has not audited this project and cannot vouch for this organization.
RMA™ Status: ❌ Unverified
Verification of 6 major compliance criteria.
Technology
?Technology
A collection of public facing information, data collected through partners and our own tools view we present a projects technology in one place for easy verification.
Analysis and testing of tech infrastructures.
Marketing
Alpha?Marketing
Top level look at a projects marketing capablities currently in alpha this section will grow to show quickly how a project promotes itself and the effectiveness.
Screening of user base and community feedback.
Background
?Background
Using multiple public facing sources across the web view a summary of a projects purpose, key achievements and general overview.
Collection of basic administrative documentation.
Risk Management
Last Updated
2025/4/16
Transparency
Transparency Score
Algorithmic assessment of a project’s transparency level, using multiple public data points to measure its commitment to compliance, documentation, and clarity in communication.
Transparency Score
Category Rank
A ranking that positions the organization among its industry peers, evaluating its relative performance based on key compliance, credibility, and transparency indicators.
Category Rank
App Myx vs Banking & DeFi
VaaSBlock Rank
A global ranking that compares the organization against all entities listed on VaaSBlock, reflecting its overall credibility, transparency, and operational performance versus the full Web3 ecosystem.
VaaSBlock Rank
App Myx vs All Listed Organizations
Transparency
Transparency Score
Transparency Score
Algorithmic assessment of a project’s transparency level, using multiple public data points to measure its commitment to compliance, documentation, and clarity in communication.
Category Rank
App Myx vs Banking & DeFi
Category Rank
A ranking that positions the organization among its industry peers, evaluating its relative performance based on key compliance, credibility, and transparency indicators.
VaaSBlock Rank
App Myx vs All Listed Organizations
VaaSBlock Rank
A global ranking that compares the organization against all entities listed on VaaSBlock, reflecting its overall credibility, transparency, and operational performance versus the full Web3 ecosystem.
RMA™
✘ Unverified
Corporate Governance
The verification of fundamental governance, organizational structure, including verifying the entity’s legal registration and adherence to local laws and regulations.
Corporate
Governance
Team Proficency
Evaluation of an organization’s personnel, ensuring that crucial team members possess the expertise and dedication necessary to execute current business models and scale effectively.
Team
Proficiency
Technology & Security
Assessment of the organization’s technological framework, including blockchain integrations (where relevant), system architecture, and overall IT infrastructure.
Technology
& Security
Revenue Model
Comprehensively evaluation of a company’s income-generating strategies (how do they make or intend to make money), ensuring financial robustness and sustainability.
Revenue
Model
Results Delivered
The Results Delivered component of the RMA™ audit comprehensively evaluates an organization’s ability to achieve its goals and honor its commitments.
Results
Delivered
Planning & Transparency
The Planning and Transparency component of the RMA™ audit offers a thorough assessment of how an organization manages its workflow and prepares for unexpected challenges.
Planning &
Transparency
Technology
Marketing
Marketing Effectiveness
This score assesses the impact of detected marketing activity and the corresponding price movement of a token. The score understands whole market movements to ensure tokens are assessed fairly against peers.
Marketing Effectiveness
Confidence Index
This index determines our confidence in the score we have given. Generally, as more data is collected, the confidence index will increase. If a project has lots of activity, this confidence is earned faster.
Confidence Index
VaaSBlock Rank
This identifies where a project sits compared to all projects accessed for Marketing Effectiveness.
VaaSBlock Rank
App Myx vs All Listed Organizations
Marketing Effectiveness
Marketing Effectiveness
This score assesses the impact of detected marketing activity and the corresponding price movement of a token. The score understands whole market movements to ensure tokens are assessed fairly against peers.
Confidence Index
Confidence Index
This index determines our confidence in the score we have given. Generally, as more data is collected, the confidence index will increase. If a project has lots of activity, this confidence is earned faster.
VaaSBlock Rank
App Myx vs All Listed Organizations
VaaSBlock Rank
This identifies where a project sits compared to all projects accessed for Marketing Effectiveness.
No Chain No Gain™ Podcast ⛉
This Organization is yet to join the No Chain No Gain™ Podcast and share insights on what makes their business trustable and innovative.
💡 NCNG generated over 1 Million impressions in its first six months of existence.
PR Impact
PR Impact
VaaSBlock provides estimations to the impact that traditional digital media can have on a project. This is an early release; more areas of PR are planned in future versions.
Search Terms ? Search TermsThese are the terms we discovered the article for on page one of Google. | Est. Traffic ? Estimated TrafficWe estimate how much traffic an article will get. Generally, our estimations are slightly higher than those of more established tools. We are working on the algorithm all the time, and results could change. | Est. Value ? Estimated ValueBased on the estimated traffic we generate an estimation for what this traffic would have cost to generate if you tried to target these users with ads. The positions for the article on google and the location of the traffic are the major factors in this estimation. | |||
|---|---|---|---|---|---|
 Myx Finance source: Bitget | Myx Finance… — Myx Finance source: Bitget | bitget.com | |||
Myx Finance source: Coinbase | Myx Finance… — Myx Finance source: Coinbase | Organic | coinbase.com | ||
Myx Finance source: Bybit | Myx Finance… — Myx Finance source: Bybit | Organic | bybit.com | ||
MYX Finance (MYX) Price Today, News & Live Chart | Forbes Crypto Market Data source: forbes.com | MYX Finance (MYX) Pr… — MYX Finance (MYX) Price Today, News & Live Chart | Forbes Crypto Market Data source: forbes.com | Organic | forbes.com |
| Est. Traffic | Est. Value | ||
|---|---|---|---|
| Myx Finance… — | ||
| Myx Finance… — | ||
| Myx Finance… — | ||
| MYX Finance (MYX) Pr… — |
Background
Organization Name – Myx Finance
Category – 
Banking & DeFi
About
powered by
irmaAIMYX Finance is a Singapore‑headquartered decentralized perpetual derivatives exchange founded in 2023, designed to blend CEX‑style performance with on‑chain non‑custodial trading. Its flagship… Matching Pool Mechanism (MPM) replaces order books by matching longs and shorts within liquidity pools, enabling traders to open positions instantly—even if no peer counterparty exists—with low slippage and high capital efficiency. When no match is available, the platform’s liquidity pool acts as temporary counterparty; as opposing traders enter the market, the pool exits exposure and recovers capital, minimizing idle assets. Traders can trade perpetual contracts like BTC/USDT with up to 50× leverage, funding fees recalculated hourly to incentivize balance between long and short positions while avoiding dominance of one side. Fees are ultra‑low (~1 bp) with maker rebates, and execution is seamless across chains such as BNB Chain, Linea and Arbitrum. On trading products like BTC/USDT, MYX offers deep liquidity, real‑time price feeds via Pyth Oracle for price fairness, fast trade matching, minimal gas and signature overhead, and capital efficiency unmatched in most DEXs. Users retain full custody of assets, with transactions executed via smart contracts—there’s no central order book or custody risk. Since mainnet launch in early 2024 (specifically Feb 18), the platform grew explosively: achieving $100 million daily volume within 36 days and averaging ~$200 million daily, far outpacing competitors like dYdX and GMX in early traction. Seed funding of $5 million led by investors including ConsenSys, Sequoia China (HongShan), Hack VC and others supported development of key features such as VIP systems, referral networks, copy‑trading, cross‑chain collateral support and planned portfolio margining. In mid‑2025, MYX launched its token via TGE on Binance Wallet (May 6), distributing 90 million tokens and debuting trading pairs like MYX/USDT—leading to tens of millions in daily volume. The Keeper Network staking mechanism introduced token locking and yield, removing circulating tokens and further boosting value. MYX joined BNB Chain Foundation’s $100 M incentive pool through a strategic investment in late‑2023, validating its vision. Token governance is on-chain, enabling holders to vote on parameters like fee tiers, supported collateral, and chain expansion. The platform is audited by security firms and operates multi‑chain abstractions, allowing traders to access perpetual markets across EVM chains. Roadmap priorities include expanding chain-abstracted leverage, launching cross‑margin portfolio support, copy‑trading tools, smoother UI, and non‑EVM chain integrations. As of mid‑2025, MYX has positioned itself as a top-tier capital‑efficient perpetual DEX for pro traders seeking on‑chain custody, zero‑slippage execution, deep liquidity and institutional-grade performance—all while retaining transparency and decentralization. Read More
Creation Date
September 2025
Headquarters
Singapore, Singapore
Organization Maturity Level
Growing Business
RMA™ Type
–
Useful Links
Website – app.myx.finance
Notable Achievements
2023
Testnet launched
2023
$5 M seed round
2024
Mainnet launch
2024
$100 M daily volume record
2025
Binance Alpha TGE listing
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- Banking & DeFi /
- Myx Finance
