MUX Protocol functions as the initial decentralized perpetual aggregator, providing deep combined liquidity, refined trading expenses, leverage of up to 100x, varied market choices, and distinct aggregator capabilities such as smart position routing, aggregated positions, leverage boosting, and liquidation price optimization.

The protocol has consolidated top-tier perpetuals liquidity providers, including GMX, Gains, and the MUX native pool, and intends to keep adding integrations with additional protocols.

Regarding the MUX native pool, the protocol distributes all earnings to liquidity providers and governance token holders, with rewards paid out in ETH on a weekly basis.

MUX Protocol stands out by launching the 1st perps aggregator to consolidate fragmented liquidity and provide a smoother trading experience, with intentions to keep innovating in this space. Its distinct mechanisms include:

• Aggregated Liquidity: MUX combines various liquidity sources to provide traders with deep aggregated liquidity and a variety of market choices.
• Smart Position Routing: The system automatically directs traders’ positions to one or multiple suite liquidity sources. This routing depends on the market, position size, available liquidity, composite trading cost, and user preferences.
• Aggregated Position: Traders can open and manage aggregated positions with components sent to different liquidity sources. This helps support large position sizes and reduce trading costs.
• Leverage Boosting: MUX can boost the leverage of positions routed to integrated protocols up to 100x. This feature also aims to optimize the position liquidation price.
• Universal Liquidity: By using a broker module, MUX unifies the liquidity depth of the MUX native pool across all deployed networks. This mechanism offers higher capital efficiency on all deployed networks without moving pooled assets around.
• 0% Spread & Price Impact: The multi-asset setup of MUX’s native liquidity pool enables traders to open ETH & BTC trades with 0% spread & price impact, regardless of position size.

To secure the platform, MUX Protocol maintains an active bug bounty initiative via Immunefi, with rewards reaching up to $100k. Its smart contracts have undergone auditing processes. The native MUX pool incorporates required waiting periods for both deposits and withdrawals, alongside associated fees; this structure aims to shield liquidity providers by deterring arbitrage and mitigating possible exploits. Furthermore, the protocol’s standard governance and emergency response mechanisms enable swift action against various threats to minimize their effects.

You can purchase MCB on the following platforms:

• 1inch on Arbitrum
• Camelot on Arbitrum
• Uniswap V3 on Arbitrum