On-chain derivatives protocol MYX has completed a strategic financing round led by Consensys, with additional investments from Consensys Mesh and Systemic Ventures. This funding positions Consensys as MYX's largest investor, supporting the upcoming release of MYX V2 and its modular derivatives settlement engine.
MYX V2 represents a shift from vertically integrated DApps to a modular settlement layer, designed to consolidate derivatives liquidity across chains and facilitate shared clearing and settlement. The new version incorporates account abstractions based on EIP-4337 and EIP-7702, alongside Chainlink's permissionless oracle stack, to enhance asset listing speed, capital efficiency, and transaction simplicity.
MYX Secures Strategic Funding from Consensys, Prepares for V2 Launch
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