MYX Finance (MYX) Price Prediction

Deep Dive

1. Protocol Upgrades & Adoption (Bullish Impact)

Overview:
MYX’s upcoming V2 upgrade (anticipated Q4 2025) promises zero-slippage execution, portfolio margin, and non-EVM chain expansion. This follows its VIP system launch in May 2025, which reduced fees for MYX holders. Derivatives volume hit $10.3B/month in August, per Coinspeaker.

What this means:
Successful V2 delivery could attract institutional traders seeking CEX-like efficiency on-chain, driving demand for MYX tokens. However, delays or underwhelming features risk eroding recent gains (+31.55% weekly).

2. Token Unlocks & Supply Dynamics (Bearish Impact)

Overview:
Only 19.7% of MYX’s 1B max supply circulates. A 39M token unlock in September 2025 coincided with a 57% price drop (CCN). Backers like Hack VC sold $2.15M post-unlock, per community reports.

What this means:
Future unlocks (next major in Q1 2026) may flood the market, especially if early investors exit. The $9.99 Fibonacci support (50% retracement) is critical – a breach could trigger panic selling toward $7.

3. Derivatives Sentiment & Liquidation Risks (Mixed Impact)

Overview:
MYX’s perpetual futures saw $89.5M shorts liquidated during its September rally (CoinTelegraph). However, open interest remains high ($311M as of Sept 2025), creating squeeze risks.

What this means:
High leverage (up to 50x) magnifies volatility. A bullish altcoin season (index: 67) could propel MYX toward $25.21 (1.61 Fib extension), but a market-wide correction might expose $8.90 support.

Conclusion

MYX’s price hinges on balancing V2-driven utility against unlock overhangs and derivatives volatility. While technicals hint at bullish momentum (MACD: 2.18 vs. signal 1.96), tokenomics and market sentiment remain wildcards.

Watch: Can MYX hold $12 support amid rising CME FedWatch odds of rate cuts by December 2025?