MYX Finance ( MYX ) big pump 800% to reach a new all-time high! Monthly volume exceeds 9 billion USD, V2 upgrade expectations ignite market fear of missing out (FOMO).

The decentralized derivation protocol MYX Finance's governance token MYX has experienced a parabolic pump, with the price soaring to $1.80 after breaking through the previous high of $0.20, resulting in a monthly rise of over 800%! The big pump is driven by the strong growth of its perpetual futures platform (monthly volume of $9 billion) and expectations for the V2 upgrade (zero slippage execution, chain abstraction). MYX also led the mainstream CEX rise ranking on August 4, with an RSI of 85 entering a seriously overbought zone. The token generation event (TGE) was oversubscribed by 300 times, laying the foundation for the rise.

1. Parabolic big pump: Break through the previous high of $0.20, leading the mainstream CEX in a single day MYX Finance (MYX) has shown an astonishing rise, with its price soaring over 800% in the past month, attracting significant market attention. Its governance token MYX has displayed an almost vertical increase, strongly breaking through the previous historical high (ATH) of $0.20, reaching a peak of $1.80 at the time of writing, up over 800% from the previous high.

Strong momentum in the rise:

• Hourly Chart Features: Price candles continue to expand, with volume rising in tandem, showing no signs of slowing down.
• Technical Indicators: The Relative Strength Index (RSI) has reached 85, indicating entry into an Extremely Overbought area; the MACD momentum bars have risen sharply.
• Exchange Performance: On August 4th, MYX strongly led the mainstream CEX gainers list, becoming the top-performing token of the day, further stimulating market FOMO sentiment. Currently, bullish momentum still holds absolute dominance.

2. Core Driver: Platform Volume Explosion + V2 Upgrade Expectation The explosive rise of MYX is not a castle in the air, but is supported by solid market fundamentals:

• Platform volume surge: In the past 30 days, the MYX Finance Perptual Futures trading platform recorded over $9 billion in volume, with as much as $336 million in just the past 24 hours. The significant uptick in usage is a direct testament to traders' increased confidence in the protocol.
• Speculation on V2 Upgrade: The core fuel for this round of big pump is the strong expectations for the MYX V2 Upgrade. Although the specific release date has not yet been confirmed, the promised features—such as Zero-Slippage Execution and Chain Abstraction—are expected to significantly enhance user experience.
• Token Utility Demand: Holding MYX Token allows享受手续费折扣 (Discounted Fees) and other benefits, further increasing demand.

3. Strong ecological foundation: TGE received 300 times oversubscription The current explosion of MYX is built on a solid ecological foundation laid months ago:

• Token Generation Event (TGE) Spectacle: The TGE in May this year achieved an over 30,000% (i.e., 300 times) oversubscription, generating over $51 million in volume within 24 hours of going live.
• Alpha Points Reward Mechanism: To participate in the TGE, you must hold at least 142 Alpha Points, which effectively stimulates early demand and attracts strong community participation.
• Sustained Growth Momentum: Since the token generation event, the MYX ecosystem has maintained a strong development momentum.

Conclusion: MYX Finance (MYX) has achieved substantial growth with a monthly trading volume exceeding $9 billion on its Perptual Futures platform and technical expectations from the V2 upgrade (zero slippage execution, chain abstraction), igniting an epic rise of over 800% in token price within a month, reaching a historical high of $1.80. Although the RSI of 85 warns of severe overbought risks, and technical corrections often follow big pump events, its strong community foundation (TGE oversubscribed by 300 times) and continuous product innovation (V2 upgrade) provide support for long-term value. Investors need to closely monitor the progress of the V2 rollout and the sustainability of the platform's trading volume, guarding against intensified volatility after the good news is realized.