What is MYX Finance?

MYX Finance (MYX) is an altcoin currently ranked 568th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.

Market position

At the current price of $0.2104, MYX Finance carries a market capitalization of $26.25M. Daily trading volume across exchanges sits at roughly $10.95M. That works out to a 24-hour turnover of about 41.70% of the float — unusually high turnover, the kind of activity that accompanies major news or speculative spikes.

Price action across timeframes

Over the past 24 hours, MYX Finance has moved +4.38%; over the past week, MYX Finance has moved +16.22%; over the past 30 days, MYX Finance has moved -24.67%.

Cycle position

MYX Finance is currently trading far below its all-time high (all-time high of $19.00, -98.9% from peak). .

Supply & dilution

The circulating supply stands at 1,000,000,000 MYX. With 100.0% of the maximum supply already issued, future dilution is near-zero — almost all token issuance is behind us.

Volatility profile

Recent price action puts MYX Finance in the High-volatility bucket. The asset has been actively trading, with daily moves that would be unusual in traditional equities. Over the past 30 days, the 30-day move totals -24.67%, which traders should weigh against position sizing and stop-loss placement.

How to evaluate MYX Finance

A balanced read on MYX typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is MYX performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

MYX Finance (MYX) is a decentralized finance platform that allows users to lend, borrow, and earn interest on their crypto assets. It aims to provide a user-friendly interface and innovative features to enhance DeFi accessibility. Source: CoinPaprika.com