Recently, MYX Finance announced that the upgrade to version V2 is “closer than you think.” This upgrade introduces slippage-free trading and cross-chain support. The market response has been significant: MYX’s price skyrocketed to Rp 285,575.84 in the last 7 hours (+1317.28%), with a market capitalization reaching Rp 56.33 trillion (+7.46%) and daily trading volume hitting Rp 6.83 trillion (+41.59%). The surge is further reinforced by MYX’s tokenomics structure, where 80% of tokens are locked, increasing the potential for price spikes as demand rises.
The move to V2 has become a key catalyst strengthening MYX’s fundamentals. With the addition of slippage-free trading, MYX positions itself strategically to enhance user experience, especially for high-volume traders. Cross-chain support also expands MYX’s ecosystem, opening opportunities for integration with more DeFi networks. This development has directly boosted investor confidence, as reflected in MYX’s open interest now reaching $288.24 million—a record high in the token’s history.
Compared to HYPE, which currently records an open interest of $2.48 billion, MYX is still in its early growth stage. However, its growth trend is beginning to show similar patterns, with strong community narratives and a surge in speculative interest. The key difference is that HYPE is more mature with large liquidity, while MYX still has greater room to grow—especially if the V2 upgrade runs smoothly and cross-chain adoption expands.
For investors, MYX presents an intriguing opportunity as a high-risk asset with the potential for significant returns. A combination of strict tokenomics, revolutionary protocol upgrades, and rising open interest trends positions MYX as a candidate for the “next HYPE.” However, high volatility remains a factor to consider, meaning investors must align their portfolio exposure with their individual risk profiles.
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