Babies who enjoy short selling are blessed! You can also earn alpha points at a low cost! The first time I noticed myx was because there was a Tugou coin that had not yet been listed on the stock exchange. I noticed that there were too many mouse positions on the chain that were constantly selling, but I could only buy and not short. Later, I discovered that there was an on chain exchange @ MYX_Finance that could operate it. -Why is it said that it may become Uniswap in the field of perpetual contracts? MYX is still before IDO, and the project team has updated the roadmap: anyone can create their own contract trading pairs like Uniswap, without the need for review or permission. This breaks the logic of traditional sustainable markets, where in the past it was the market that decided whether you could trade, but now it is the market that decides for itself. It's a bit like after the emergence of Uniswap, the spot market changed from a "listing review system" to a "clear eyed system for the public". -Where is the innovation point of the mechanism? At present, most on chain perpetual protocols are still imitating the order book model of centralized exchanges, but MYX uses a mechanism called MPM-AMM, which means that anyone can issue contracts in the market like issuing coins, and market makers do not need to bet on direction, but only earn transaction fees based on market fluctuations. It is much more user-friendly for ordinary users and also lowers the threshold. I actually tried it out and a few experiences left a deep impression on me: Opening a position with almost zero slippage and a good trading experience; LP has low risk and is not prone to liquidation; Adding email login has lowered the user experience threshold. -The possibility of industry evolution If the MYX mechanism really works, it may change the pattern of on chain trading. Coin issuance projects will be directly synchronized with contracts, and the on chain contract market will become a barometer for judging the popularity of new coins. Arbitrage methods will also be more flexible. The most important thing is that it may enter an era of universal participation in the perpetual contract, as Uniswap did when it ignited the local dog craze. Although there will be a foam in the process, it may also hide new opportunities. -How to earn points and engage in low-cost arbitrage on Binance Alpha Binance's recently launched Alpha Double Points campaign features a 3.5 million U prize pool and a point boosting mechanism, with generous airdrops. In this round of activities, my focus is on MYX, and the reason is actually quite direct: A large prize pool, few people, and a large share. The MYX prize pool exceeds 5.1 million, but there are only 5000 spots available, and each person can win thousands of them, directly crushing other projects. The coin price is stable, the sliding point is low, the entry and exit are fast, and it is very comfortable to brush. It is not easy to be trapped and is particularly suitable for climbing the charts. The contract can open short positions, match multiple orders to offset points, and hedge risks, achieving the goal of "brushing points without losing money", and even making profits while playing. Some people use a "half brush, half stay" approach, competing for rewards while also seeking potential increases or airdrops in the future. This combination strategy is quite flexible. From the perspective of the project itself, MYX has recently launched a staking network, where node staking requires a 7-day lock up period, which has a certain compression effect on the overall flow. At the same time, the threshold for node participation has also created a wave of buying support. It is also an old project from the previous cycle, constantly expanding into different ecosystems.