According to @bubblemaps, MYX Finance launched its token and ran an airdrop in which 100 sybil-linked addresses collectively received 1% of the total supply while the fully diluted valuation jumped to about $20B overnight, implying roughly $200M for that 1% tranche, source: @bubblemaps. @bubblemaps adds that the project’s subsequent public response was long and vague, described as GPT-like, which they argue makes the situation more suspicious, source: @bubblemaps. These on-chain concentration findings and the rapid FDV spike are material to trader risk assessment for distribution quality and price discovery, source: @bubblemaps.

According to @EmberCN, after MYX Finance was listed on Binance Alpha, the on-chain derivatives platform was selected for the BNB Chain Foundation's $100 million incentive program's project purchase pool. Five days ago, the BNB Chain Foundation purchased $25,000 worth of $MYX tokens, with the transaction verified on BscScan (source: @EmberCN, May 28, 2025). Yesterday, MYX Finance launched a significant new utility for its native token $MYX through the Keeper Network staking mechanism. These developments provide concrete incentives and increased utility for $MYX holders, potentially driving liquidity and trading volume in the short term. The integration with BNB Chain and support from its foundation are pivotal for traders looking for new opportunities in the DeFi derivatives sector.

According to @0xAA_Research, the recent surge in BSC's Perp DEX ecosystem has seen strong trading activity, with KiloEx launching its Binance IDO at the end of March and now ranking in the top three by Total Value Locked (TVL) alongside Aster. MYX Finance currently leads in TVL among BSC Perp DEX projects. In April, Binance launched 8 IDO projects and 6 Alpha airdrop projects, adding momentum to the BSC ecosystem. Traders should monitor TVL shifts and Binance's IDO pipeline as indicators of market sentiment and potential trading opportunities. (Source: @0xAA_Research)