What is the Current Market Overview of MYX Finance (MYX) in 2025?

MYX Finance (MYX) trading at $2.72 with 3.59% 24-hour decline

MYX Finance's current market performance shows a notable price movement with the token trading at $2.72, experiencing a 3.59% decline over the past 24 hours. This price drop occurs against a backdrop of relatively volatile price action for the decentralized derivatives exchange token, which currently maintains a market capitalization of approximately $427.78 million.

The recent pricing represents a significant pullback from MYX's all-time high of $19.00 achieved in September 2025, marking an approximately 85% decline from its peak value. This contrast highlights the substantial volatility that has characterized MYX's price trajectory over recent months.

The token operates on the BEP-20 standard with a fixed maximum supply of 1 billion tokens, of which approximately 206.11 million (20.61%) are currently in circulation. MYX holders can stake their tokens to earn a portion of net trading fees from the platform and participate in governance decisions regarding fee structures, risk parameters, and supported blockchain networks. Trading volume remains substantial with over $30 million in daily activity, indicating continued market interest despite recent price declines.

Market cap of $396,276,028 with 190,517,321 MYX in circulation

MYX Finance currently holds a market capitalization of $396,276,028, positioning it at #161 on CoinGecko's ranking system with 190,517,321 MYX tokens in circulation. This represents approximately 19% of the total fixed supply of 1,000,000,000 tokens, indicating significant room for future market growth as more tokens enter circulation. The current price per token stands at approximately $2.06, reflecting a notable journey from its historical peak of $19.898 reached on September 9, 2025.

Market data comparisons reveal interesting insights about MYX's position:

Despite the significant price correction from its all-time high, MYX Finance continues to attract substantial trading volume, with recent 24-hour volumes exceeding $34 million. This trading activity demonstrates ongoing market interest in this non-custodial derivatives exchange that enables on-chain trading of perpetual contracts. The token's current positioning represents a critical stage in its market development, with price stabilization efforts underway following the extreme volatility experienced between September and October 2025.

24-hour trading volume reaches $16.33 million across exchanges

MYX Finance has demonstrated remarkable trading activity, with its 24-hour trading volume across exchanges reaching an impressive $16.33 million. This significant trading volume places MYX among the top performers in the cryptocurrency market, reflecting strong investor interest and market participation. The figure stems from a notable ETH swing trade, where strategic positioning in the market yielded substantial returns for participants.

When examining MYX's performance metrics against other major cryptocurrencies, the trading volume context becomes even more meaningful:

MYX's total 24-hour liquidation value across all chains has exceeded $16 million, positioning it as the third-highest cryptocurrency by this metric, trailing only ETH and SOMI. This performance is particularly noteworthy given MYX's current market capitalization of approximately $469 million, suggesting high trading intensity relative to its overall market size.

The substantial trading volume coincides with MYX's volatile price movements, having reached an all-time high of $19.898 on September 9, 2025, before experiencing significant corrections. This trading activity demonstrates the growing adoption of MYX Finance's non-custodial derivatives exchange platform, which enables on-chain trading of perpetual contracts for various tokens.

FAQ

What is the MYX coin?

MYX is a Web3 cryptocurrency built on the Solana blockchain, offering fast and low-cost transactions. It's designed for high-speed trading and scalability.

Why is myx coin pumping?

MYX coin is pumping due to bullish RSI divergence and positive technical factors, indicating strong buying pressure.

Where can I buy myx coins?

You can purchase MYX coins on various centralized exchanges, crypto wallets, and decentralized exchanges. Check current listings for availability and trading options.

Is myx on Kraken?

Yes, MYX is officially listed on Kraken. This listing occurred recently, marking a significant milestone for MYX's expansion.