MYX jumps 17% – But ONE signal flashes a warning for traders!
The post MYX jumps 17% – But ONE signal flashes a warning for traders! appeared on BitcoinEthereumNews.com.
Key Takeaway What is driving investor interest in MYX Finance? Strong on-chain performance and record-high revenue and fees are attracting investor attention. What risk remains despite MYX’s bullish momentum? Liquidity clusters above and below the current price suggest potential for sharp price swings. MYX Finance [MYX] has remained an attractive play for investors, contributing to its 17% price gain. Market activity remains calm, indicating that the asset could still see more upside as trading activity rises. For now, volume has peaked at over $40 million, confirming the presence of bullish momentum. On-chain performance draws investors MYX Finance’s performance has been the real draw. According to DeFiLlama, revenue and fees generated so far in this fourth quarter have reached new all-time highs. In the past 24 hours, revenue generated for the treasury, ecosystem funds, and keepers hit an impressive $24,329, at press time. Likewise, fees generated from traders were 3.35 times that amount, with total fees reaching $81,651. Source: DeFiLama These all-time highs remain impressive for a recently launched protocol, suggesting a functional product with active users—a key bullish signal for investors. In terms of capital inflow, the ecosystem has seen minimal movement, with total value locked (TVL) only experiencing a slight rise. In the past day, just $150,000 worth of MYX has been locked, bringing total TVL to $23.47 million. This indicates that while activity has surged in the short term, investors remain cautious about MYX’s long-term potential. Derivatives take advantage Derivatives traders are taking the bet on MYX as the market rallies. Data shows that capital circulating in the derivatives market has surged to $46.17 million with a 23% rise, as of writing. But more importantly, the Open Interest(OI)-Weighted Funding Rate remains positive. A positive OI-Weighted Funding Rate, backed by $10.6 million in capital, suggests that the majority of funds…
Filed under: News - @ November 19, 2025 2:27 pm