Singapore, November 28, 2023 -- OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today announced its investment in MYX.Finance (MYX), a decentralized perpetual derivative exchange. This investment is part of OKX Ventures' ongoing effort to enhance its growing portfolio of DEX projects.
MYX operates on a 'Matching Pool Mechanism,' which leverages intelligent rates and exposure hedging mechanisms to help ensure protocol stability and increase the potential of generating sustainable, high returns. With its efficient fund usage, MYX stands out as a highly scalable decentralized exchange in the market. OKX Ventures Founder Dora Yue said: "From 2019 to 2021, the number of CEXs has gradually decreased, while the number of DEXs has increased by over 100% in three years. The total value locked of derivative DEXs has increased by 35.7 times since 2020, and the cumulative trading volume of the top 20 derivative DEXs has grown from 0 to the current level of US$1.6 trillion in just three years. There is still significant room for growth in the derivative DEX space, and we are optimistic about MYX's performance in the derivatives market." MYX aims to provide traders with the ultimate derivative exchange experience, giving eligible users the ability to trade BTC and ETH perpetual swaps with up to 50x leverage. In addition, MYX users can enjoy zero slippage, no borrowing fees, and some of the lowest trading costs available. Liquidity providers can also benefit from MYX's innovative features. The platform's capital-efficient derivatives trading engine enables liquidity providers to potentially access higher yield opportunities and achieve sustainable returns. This announcement follows OKX Ventures' recent investment in Aark Digital, a decentralized derivative exchange built on Arbitrum. Over the past two years, OKX Ventures has invested in over 300 projects across five continents with a fund size of approximately USD$1 billion, covering almost all investment tracks. OKX Ventures focuses on supporting cutting-edge blockchain innovation and exploring high-quality projects that demonstrate long-term value. To learn more about MYX, click here.
Los activos digitales, incluidas las stablecoins, implican un alto grado de riesgo y pueden fluctuar enormemente. Debes considerar cuidadosamente si el trading o la tenencia de activos digitales es adecuado para ti a la luz de tu situación financiera y tolerancia al riesgo. OKX no proporciona recomendaciones de inversión o de activos. Eres el único responsable de tus decisiones de inversión, y OKX no se hace responsable de las posibles pérdidas. El rendimiento pasado no es indicativo de resultados futuros. Consulta con tu asesor legal/fiscal/profesional de inversiones para que te asesore sobre tus circunstancias específicas. Las funciones de OKX Web3, incluyendo OKX Web3 Wallet y Mercado de NFT de OKX, están sujetas a términos de servicio separados en www.okx.com.
© 2025 OKX. Este artículo puede reproducirse o distribuirse en su totalidad, o pueden utilizarse fragmentos de 100 palabras o menos de este artículo, siempre que dicho uso no sea comercial. Cualquier reproducción o distribución del artículo completo debe indicar también claramente, lo siguiente: "Este artículo es © de OKX 2025 y se utiliza con permiso". Los fragmentos permitidos deben citar el nombre del artículo e incluir su atribución, por ejemplo "Nombre del artículo, [nombre del autor, en su caso], © 2025 OKX". No se permiten obras derivadas ni otros usos de este artículo.
