According to the official news of Linea, the Linea Ecosystem Investment Alliance (LEIA) has selected 7 first-batch investment projects from 600 ecological projects, and the new species derivatives protocol MYX won one of them. LEIA is composed of more than 50 top venture capital companies and focuses on supporting innovative projects on Linea.
As the leading protocol of the third-generation decentralized derivatives trading protocol (DDEX), MYX breaks through the low capital efficiency limit through a unique matching pool mechanism (MPM) to achieve large-scale, low-cost derivatives trading on the chain. Its zero slippage, low-fee user-friendly experience has enabled MYX to exceed $10 million in TVL within two months of its launch, with a cumulative trading volume of $20.2 billion, setting a single-day record of $1.6 billion, and a daily trading volume/liquidity of 228 times, far exceeding its competitors.
Currently, MYX liquidity providers (LPs) on Linea can receive more LXP rewards, and MYX will launch large-scale incentive activities to increase user participation.
