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About

MUX Protocol is a decentralized perpetual trading platform offering zero price impact trades, up to 100x leverage, and self-custody, providing an optimized on-chain trading experience. It unifies liquidity across multiple blockchains, including Arbitrum, BNB Chain, Avalanche, and Optimism, maximizing capital efficiency without moving pooled assets. Traders can open leveraged positions with various collateral options, utilizing features like smart position routing, aggregated positions, leverage boosting, and liquidation price optimization. The protocol employs a dark oracle to aggregate price feeds from multiple sources, ensuring accurate and stable pricing while preventing front-running. Liquidity providers can supply assets to the MUXLP pool, a multi-asset pool holding blue-chip assets and stablecoins, earning protocol income and MUX token rewards. The protocol also includes a perpetual aggregator that integrates with leading liquidity sources.

About

One of the major problems found in the first-generation stableswaps’ Closed liquidity pools is liquidity fragmentation, where the liquidity of different pools cannot be shared with one another, resulting in higher slippage. The design of other stableswaps requires multiple tokens of equal value within a pool, often complicating its pool compositions (pairing up LP tokens with new tokens). It significantly hinders the scalability of the protocol and leads to a bad user experience. Platypus invents a whole new AMM on Avalanche, open liquidity single-sided AMM managing risk autonomously based on the coverage ratio, allowing maximal capital efficiency. The key concept underpinning Platypus’ design is asset liability management (ALM). Platypus is the first of its kind to use a single-variant slippage function instead of invariant curves. Our open liquidity pool design enables higher capital efficiency and lowers the slippage rate compared with other stableswaps.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Cryptocurrency traders in search of a decentralized platform offering optimized on-chain trading across multiple blockchains

Audience

Crypto users looking for a solution designed for exchanging stable cryptocurrencies

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

MUX
mux.network/

Company Information

Platypus
United States
platypus.finance/

Alternatives

GMX

GMX

GMX Exchange

Alternatives

Balancer

Balancer

Balancer Labs

Categories

Categories

Integrations

Avalanche
Arbitrum
Avalaunch
BNB Smart Chain (BSC)
Base App
Camelot DEX
Celer Network
Core
Degis
Echidna Finance
GMX
MetaMask
Optimism
PostgresML
Socket Protocol
Solv
Telegram
WalletConnect
XDEFI Wallet
Yield Yak

Integrations

Avalanche
Arbitrum
Avalaunch
BNB Smart Chain (BSC)
Base App
Camelot DEX
Celer Network
Core
Degis
Echidna Finance
GMX
MetaMask
Optimism
PostgresML
Socket Protocol
Solv
Telegram
WalletConnect
XDEFI Wallet
Yield Yak
Claim MUX and update features and information
Claim MUX and update features and information
Claim Platypus and update features and information
Claim Platypus and update features and information