- MYX Finance claims the BNB Chain and Binance Alpha awards, marking a breakthrough in its recognition in the DeFi space.
- MYX bursts beyond $18, targeting $20, $22, and $25.
- Futures volume increases by 48%, open interest increases by 12.6%, a move that indicates bullish momentum.
MYX Finance has drawn the attention of the market, as it won key awards and has registered phenomenal growth in its trading in September 2025. This comes at a time when the MYX token surges beyond $18 and could hit the $20 mark.
BNB Chain Awards MYX Finance
The decentralized exchange has won the Binance Chain Awards’ Volume Powerhouse and was first in the leaderboard for Binance Alpha‘s most successful airdrops and token generation events. The BNB Chain Awards outlined the place of MYX Finance in facilitating the adoption and liquidity through the ecosystem. The project accredited its traders, liquidity providers, and builders as having made the recognition possible.
The news was enhanced by the report from Binance Alpha that proclaimed MYX the best among tokens rolled out under the airdrop and the TGE framework. Data from Binance shows MYX token holders that received allocations at a value of $5.92 per user are now worth $1.2 billion. This puts MYX in a leading position over tokens such as AIT and AOIOT, with better returns based on users and market performance.
MYX’s Rally Reaches New Levels
Based on TradingView records on the MEXC exchange, MYX Finance’s intraday high reached $18.91. The breakout of the $15 area has become very crucial as it coincides with session VWAP levels where traders are establishing support.
The fib retracement analysis identifies the breakout threshold of the market at $18. Breaking above this area provides a possible pathway towards $20 in the near term and then to $22. If the momentum continues past those zones, Fib extensions indicate long-term targets at about $25 to $28. The immediate buffer in case of correction is the $15 VWAP level.
Fib. and VAWP. Source: TradingView
Also Read | MYX Finance Steps into New ATH of $3.05, A Positive Outlook for the Coin
RSI And MACD Confirm Bullishness
The Relative Strength Index score for MYX is over 92, and the token is far in the overbought region. This is an uncommon score and an indicator of an overheating market. Nevertheless, during trending markets, the overbought conditions can continue to exist because of aggressive buyers.
This bullish orientation is supported by MACD. Sharp positive crossover was observed on the chart, and the histogram bars have widened.
This suggests momentum is still on the buyer side, even as some expect quick pullbacks. Combined, RSI and MACD prove that MYX Finance has recorded one of the strongest breakouts among DeFi tokens this year.
MACD and RSI Source: TradingView
MYX Records Impressive Derivatives Results
Coinglass statistics indicate that future trading volume increased by 48.13% in one day to $11.96 billion. There was an increase in open interest by 12.64% to $461.49 million.
The growing open interest shows new money entering the market and supporting the conviction that the market has a positive direction ahead. The next steps, if successful, would be $22 and $25, which would be additional milestones for the project. Recognition, adoption, and price action combine to make MYX Finance one of the standout tokens for 2025.
Source: Coinglass
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