Binance Wallet announces that the 15th exclusive Token Generation Event (TGE) for the decentralized project MYX Finance ($MYX) will be held on May 6, 2025, from 4 PM to 6 PM (UTC+8). Participation conditions will be "announced before the subscription opens", with the community estimating that over 110 Alpha Points may be required.
MYX Finance, a decentralized exchange (DEX) focusing on perpetual contracts on the BNB Chain, has recently shown impressive market performance.
Market Position Analysis of MYX Finance
MYX Finance has demonstrated a leading position in the perpetual contracts DEX field on BSC. Data shows that its Total Value Locked (TVL), which represents the total value of assets stored in the protocol, is currently around $35.2M. This figure significantly surpasses competitors in the BNB ecosystem, such as KiloEx's $18.5M TVL or Aster's $22.7M TVL. Additionally, the protocol's adoption rate is steadily increasing, with daily transaction numbers reaching approximately 8,000 by the end of April, representing a 25% growth.
