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Market News

MYX Finance Hits $37.15M TVL on BNB Chain in Just 7 Days

Written By:
Jalpa Bhavsar

Reviewed By:
Jahnu Jagtap

Last updated: April 2, 2025 11:15 PM
Published April 2, 2025 8:59 PM
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Last updated: April 2, 2025 11:15 PM
Published April 2, 2025 8:59 PM
MYX Finance Hits $37.15M TVL on BNB Chain in Just 7 Days

MYX Finance, a decentralized perpetual trading platform on BNB Chain, has reached a significant milestone in its growth.

Within just seven days, the platform surpassed $37.15 million in total value locked (TVL), showcasing strong adoption and increasing user trust.

MYX Finance reached $37.15 Million TVL
MYX Finance reached $37.15 Million TVL, Source: X

As the largest Perp DEX on Binance Smart Chain (BSC), MYX Finance offers deep liquidity, ultra-low fees, seamless execution, and gasless trading. 

To further expand its offerings, MYX Finance is preparing to launch Perp trading for BSC-based projects, allowing traders to access these assets even before they are listed on centralized exchanges (CEXs).

This initiative could boost early liquidity and price discovery for emerging BSC tokens. The achievement comes as BNB Chain recently overtook Ethereum in 7-day decentralized exchange (DEX) volume, reinforcing its dominance in the DeFi space.

Also Read: BNB Chain’s TST Token Surges After Accidental Launch

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:

Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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