2026-01-04 15:25:33

MYX has been busy lately, rising by 4.28% in one go. What's the driving force behind this? The protocol has upgraded to version V2, and the perpetual market is officially open, pushing the price close to $6.50, with an increase of nearly 90%.

The even more impressive part is still to come. A leading DEX has just launched MYX perpetual contracts, supporting 10x leverage, along with 1.2x trading point incentives. As a result, derivatives trading volume skyrocketed to $11 billion, and short positions were liquidated for nearly $48.7 million.

From the sentiment perspective, 85% of the community is bullish. At this pace, short-term trading of MYXUSDT contracts has become the choice for many. Some set their target at $8-10, with stop-loss levels below $5.4. Of course, leverage trading carries risks, so think carefully before entering.

MYX-5,45%

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HodlOrRegret

· 01-05 21:03

90% increase? Damn, is this going to the sky? Is V2 version this crazy? 10x leverage explodes to 48.7 million shorts, truly a gambler's paradise. One misstep and you'll become a bag holder. 85% bullish, but I actually feel a bit nervous. Usually in situations like this... you know what I mean. I believe in a $8-10 target, but if I can cut losses at $5.4, that's already a win. Don't get wrecked. Futures are just for shaking out traders. I'm still holding spot and hanging in there.

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LootboxPhobia

· 01-04 15:55

Playing with 10x leverage is exciting, but if you get liquidated, it won't be so fun.

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OnchainHolmes

· 01-04 15:54

A 90% increase, is it about to take off or fall into a trap? --- 10x leverage? I advise everyone to be rational, the 48.7 million liquidation is a lesson learned. --- Perpetual contracts are so aggressive right from the start, is the V2 version really problem-free? --- $8-10? Let's see if we can hold $6.5 first, don't overthink it. --- 85% bullish is ridiculous, this is the most dangerous signal, okay? --- Leverage point accumulation incentives can't change the fundamental risk. --- A trading volume of 11 billion sounds crazy, but are there really that many genuine demands? --- Another protocol upgrade and a new DEX launch—this pace is indeed fast... maybe a bit too much? --- Short liquidation is a short-term rebound, it doesn't mean the trend has reversed, be aware of that. --- Is a stop-loss at 5.4 really enough, or is it better to leave some buffer for safety?

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GateUser-6bc33122

· 01-04 15:52

90% increase, this V2 upgrade is really gaining momentum ---- 1.1 billion in trading volume, the bears are breaking out, feeling great ---- 85% bullish? I feel this is the most dangerous signal... ---- Playing with 10x leverage is fun, but the last one to jump off the building is also fun ---- MYX's pace is a bit fierce, is 8 dollars really stable? ---- Perpetual contracts are so crazy right after opening, be careful of the bagholders ---- Liquidation of 48.7 million, another wave of leek harvest scene ---- Stop loss below 5.4, feels like this support level is a bit虚 ---- 110 billion in derivatives trading volume, what is the main force harvesting?

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GateUser-00be86fc

· 01-04 15:28

What happened when the trading volume was 11 billion? Were the bears that miserable?

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