Binance Wallet Has Announced Its 15th Exclusive Token Generation Event (TGE) Featuring MYX Finance

Binance Wallet is hosting its 15th Exclusive Token Generation Event (TGE) featuring MYX Finance, a decentralized perpetual exchange platform.

This limited-window opportunity, set for May 6, gives eligible participants early access to MYX tokens through PancakeSwap.

This guide provides everything you need to know about participating in this exclusive event and understanding the fundamentals of the MYX Finance project.

How to Participate in the MYX Finance TGE

The MYX Finance Token Generation Event takes place on May 6, with a specific subscription window. Follow these steps to participate:

Technical Framework

The platform's proprietary Matching Pool Mechanism (MPM) trading engine is designed to enable trading with zero slippage by seamlessly matching long and short positions. This mechanism enables capital efficiency up to 125x, creating expanded opportunities for traders in the derivatives market.

Tokenomics

MYX Finance has established a total supply of 1 billion MYX tokens, distributed across several allocation categories:

The team and advisors allocation constitutes 20% of the total supply, with tokens vested monthly over two years following a one-year cliff period. Institutional investors receive another 20%, with monthly vesting over 18 months after a six-month cliff.

The largest portion, 45%, is allocated to community rewards, with vesting tied to product features. Initial liquidity accounts for 10% of tokens and will be fully vested at launch. The remaining 5% is reserved for future use and will be subject to community governance votes.

For the upcoming TGE, the project has additionally allocated 40 million MYX tokens specifically for marketing and future promotional campaigns.