MYX is a decentralized derivative exchange that "uses intelligent rates and exposure hedging mechanisms to ensure protocol stability and provide sustainable high returns" through a peer-to-pool-to-peer paradigm. The company recently secured a $5.00M Seed Round investment on 28 November 2023, with notable investors including HashKey Capital, Redpoint Ventures China, Foresight Ventures, GSR Markets, Hack VC, Sequoia China, Cypher Capital, Lecca Ventures, Leland Ventures, and ConsenSys. MYX's innovative approach and support from key investors position it as a significant player in the decentralized finance space.
MYX
Seed
Total: $5.00M
Crypto
General Information
Company Name
MYX
Industries
Crypto
Funding Stage
Seed
BounceWatch is an independent company data service, not affiliated with MYX. To contact MYX, visit myx.finance.
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About MYX
Funding Rounds & Investors (1)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Seed Round | $5.00M | 10 |
|
28 Nov 2023 |
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MYX Alternatives & Competitors
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MYX vs
PERI Finance
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MYX vs
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MYX vs
Cosmic asset management made down to earth. We make DeFi easy to use, safe and approachable. Proudl...
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FAQ About MYX
MYX is a decentralized derivative exchange that "uses intelligent rates and exposure hedging mechanisms to ensure protocol stability and provide sustainable high returns" through a peer-to-pool-to-peer paradigm.
MYX operates in Crypto.
MYX has completed 1 funding round, raising a total of $5.00M. The latest funding stage is Seed.
Top alternatives and competitors to MYX include PERI Finance, Arrow Markets, Quasar Labs, Ethena Labs, Swan Finance. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MYX and PERI Finance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.
Source: BounceWatch company record for MYX, https://bouncewatch.com/company/myx, updated 28 September 2024. When citing, please name BounceWatch and link this page.
