March 8, 2025
MYX Finance has secured a $5 million strategic investment to enhance its on-chain perpetual trading platform. The funding round, completed on March 8, 2025, attracted contributions from key Web3 investors, including FL Foundation, Woyong, D11-Labs, HashKey Capital, and Metalpha. Several firms, such as D11-Labs and HashKey Capital, increased their investment from previous rounds, signaling continued institutional backing.
The platform specializes in decentralized perpetual trading, with a focus on liquidity optimization, risk management, and capital efficiency. MYX Finance operates a Matching Pool Mechanism (MPM), which functions as a dynamic intermediary rather than a fixed counterparty, allowing for increased trading volume while maintaining lower fees. Additionally, the integration of a chain-abstracted credit layer enables cross-chain collateralization, allowing assets held in an Account Abstraction (AA) Wallet to be utilized across multiple blockchain networks. This model aims to facilitate a more efficient decentralized trading ecosystem.
With this funding, MYX Finance plans to expand its infrastructure, strengthen its security measures, and introduce new trading features. The company is working toward the launch of its Token Generation Event (TGE) and further development of cross-chain liquidity solutions. Additional initiatives include customizable risk units, social trading tools, and expanded token listing options.
About MYX Finance
MYX Finance is a decentralized perpetual trading platform designed to provide high capital efficiency and liquidity while maintaining decentralization. Operating within the Linea ecosystem, it offers zero-slippage trading, low-cost transactions, and leverage trading. The platform integrates chain abstraction technology to enable cross-chain liquidity and supports full-chain collateral management.
Website: https://www.myx.finance/en
X: @MYX_Finance
About the Investors
D11-Labs
D11-Labs is a venture firm specializing in DeFi, with a history of investing in blockchain-based trading solutions.
Location: Indianapolis, IN
Website: https://www.d11-labs.com/
HashKey Capital
HashKey Capital is a Hong Kong-based blockchain investment firm known for its contributions to decentralized finance.
Location: Singapore
Website: https://hashkey.capital/
Metalpha
Metalpha is a digital asset management company providing liquidity solutions for Web3 projects.
Location: Hong Kong
Website: https://www.metalpha.net/
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