New species derivatives protocol MYX receives first batch of investment from Linea Ecosystem Investment Alliance (LEIA)

According to official news from Linea, the Linea Ecosystem Investment Alliance (LEIA) has selected 7 first batch investment projects from 600 ecological projects, and the new species derivative agreement MYX is one of them. LEIA is composed of more than 50 top venture capital companies, focusing on supporting innovative projects on Linea. As the head protocol of the third-generation decentralized derivative trading protocol (DDEX), MYX breaks through the low capital efficiency limitation through a unique matching pool mechanism (MPM), realizing large-scale and low-cost derivative trading on the chain. Its zero slip point and low transaction fees make MYX a user-friendly experience. Within two months of its launch, MYX's TVL exceeded 10 million US dollars, and its cumulative trading volume reached 20.2 billion US dollars, setting a record of the highest single-day trading volume of 1.6 billion US dollars, with a daily trading volume/liquidity ratio of 228 times, far exceeding its competitors. Currently, MYX liquidity providers (LP) on Linea can obtain more LXP rewards, and MYX will launch a large-scale incentive activity to increase user participation.