MYX has become one of the best-performing projects of 2025, with a rise of 3358% from the beginning of the year to now—what kind of magnitude is this?

Starting from $0.097 on May 6, this derivatives protocol deployed on the BNB Chain has been on a wild run. The airdrop effect ignited market enthusiasm, the perpetual futures narrative continued to heat up, and coupled with the overall positive outlook of the BNB ecosystem—multiple factors combined to push the price to a high of $19.03 in September.

The rise of the project is not just a digital game, but reflects the investment enthusiasm for the derivatives track and the BNB ecosystem in 2025. From the initial price to the peak, this wave of market activity is a repricing of the prospects for this track. Whether for participants or observers, this case is worth dissecting—especially in the current market environment.