MYX is a decentralized derivatives exchange, which means it doesn't need to hold your money on the platform, but operates directly on the blockchain.
Its main functions are:
• Allow people to trade various tokens' "perpetual contracts" (perpetual contracts are contracts without an expiration date, allowing for both long and short positions).
• As long as a certain token has a trading market in AMM (automated market maker, like Uniswap), a perpetual contract can be opened on MYX.
$MYX has recently surged, and I want to study it in depth to see if there are patterns in similar projects; if there are results, I will share them.
Its main functions are:
• Allow people to trade various tokens' "perpetual contracts" (perpetual contracts are contracts without an expiration date, allowing for both long and short positions).
• As long as a certain token has a trading market in AMM (automated market maker, like Uniswap), a perpetual contract can be opened on MYX.
$MYX has recently surged, and I want to study it in depth to see if there are patterns in similar projects; if there are results, I will share them.