MYX Finance
Latest round
- Seed
Last raised
- Nov 2023
Total raised
- $5M
Investors
- 12
About MYX Finance
MYX Finance was founded in 2023 and is headquartered in China. The company operates as a decentralized exchange focusing on perpetual futures trading. Mark Zhang, who serves as the CEO, founded the company and has been instrumental in its development.MYX Finance operates as a decentralized exchange (DEX) specializing in perpetual futures trading, emphasizing a unique zero slippage experience enabled by its proprietary Multi-Pricing Mechanism (MPM). Traders can engage in efficient trading without incurring slippage costs typically associated with traditional markets.MYX Finance generates revenue primarily through transaction fees on trading activities.01%. The exchange facilitates direct transactions for both individual and institutional users, enabling trading of perpetual futures contracts without intermediaries. The company aims to launch new products designed to enhance the trading experience for its users. MYX Finance is also targeting expansion into emerging markets, although specific regions have yet to be disclosed.
Who invested in MYX Finance
12 investors across 1 round
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Funding rounds
Seed
Nov 28, 2023
Amount
$5M
Investors
Questions about MYX Finance
Who invested in MYX Finance?
MYX Finance has 12 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MYX Finance raised?
MYX Finance has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did MYX Finance last raise money?
MYX Finance's most recent round on record is a Seed, in Nov 2023.
What does MYX Finance do?
MYX Finance was founded in 2023 and is headquartered in China.
Where is MYX Finance headquartered?
MYX Finance is headquartered in China.
Which VCs invest in companies like MYX Finance?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at MYX Finance's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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