
- Airdrop Link: Claim Now
- Total value: n/a
- Platform: bsc, linea
What is MYX?
MYX is a decentralized perpetual exchange built to address common trading challenges through its Matching Pool Mechanism (MPM). This mechanism enables traders to execute positions without experiencing slippage by directly matching long and short positions within the protocol. The platform supports leverage up to 125x, providing traders with significant capital efficiency for their trading strategies.
The exchange operates on the BNB Chain, benefiting from the network’s speed and cost-effectiveness. MYX distinguishes itself in the crowded perpetual trading market by focusing on zero-slippage execution and high capital efficiency. The platform serves both retail and institutional traders looking for reliable perpetual contract trading without the typical limitations of traditional order book models.
MYX Airdrop Details
The MYX airdrop claim is currently live, distributing 14.7% of the total token supply (147 million $MYX tokens) to eligible participants. The initial airdrop phase allocates 6.7% of the total supply (67,036,090 $MYX) to users who participated in testnet activities, mainnet interactions, external collaborations, and BMYX holders. The airdrop follows a phased distribution approach with specific vesting schedules for different user groups.
The distribution includes multiple phases targeting different user categories. Phase 1 rewarded testnet participants, Phase 2 focused on mainnet users, and Phase 3 covered external activities and collaboration participants. BMYX holders received a special allocation of 6 million $MYX tokens with immediate 100% release, requiring no action as tokens are sent directly to registered addresses.
How to Claim MYX Airdrop
Step-by-Step Claim Process
- Access the Claim Page
- Navigate to the official MYX airdrop page
- Ensure you’re using a compatible Web3 wallet (MetaMask, Trust Wallet, or similar)
- Connect Your Wallet
- Click the “Connect Wallet” button
- Select BNB Chain network from your wallet
- Check Eligibility
- The platform automatically checks your address eligibility
- Your claimable amount will display if you’re eligible
- Initiate the Claim
- Click the “Claim” button next to your available tokens
- Review the transaction details in the popup
- Ensure you have sufficient BNB for gas fees (typically under $0.50)
- If you need BNB for gas, you can purchase it on Binance or bridge from other chains using Rhino Bridge
- Confirm Transaction
- Approve the transaction in your wallet
- Wait for blockchain confirmation (usually 3-5 seconds on BNB Chain)
- Your $MYX tokens will appear in your wallet once confirmed
Understanding the Vesting Schedule
The MYX airdrop follows a structured release schedule designed to ensure sustainable token distribution:
- Initial Unlock (30%): Available immediately upon first claim
- Monthly Releases (70%): Distributed equally on the 6th of each month for 5 months
- Claim Windows: Each monthly unlock must be claimed within 90 days
Important Deadlines
Each vesting release has a 90-day redemption window. Tokens not claimed within this period are forfeited and returned to the treasury. The initial claim period that opened on May 6 ended on August 6, with subsequent monthly releases following the same 90-day rule. Mark your calendar for the 6th of each month to ensure you don’t miss claim windows.
How to Participate in the MYX Airdrop (Ended)
- Visit the MYX airdrop page.
- Connect your wallet.
- Now you can earn free Gems through trading.
- You need some ETH for gas fees and USDC for trading. If you don’t have any, get them on Binance.
- You can then bridge the tokens using Rhino.fi to Arbitrum or Linea Chain.
- Also, you can earn 1,420 gems every hour for every 10,000 USDC held in your position.
- Long-term users will receive airdrops by simply trading and holding $MLP (liquidity pool) tokens.
- You can also invite your friends to receive a 20% rebate.
Frequently Asked Questions
What happens to unclaimed tokens?
Tokens not claimed within the 90-day window for each unlock period are automatically forfeited and transferred to the MYX treasury. This applies to all monthly unlocks except for BMYX holder distributions, which were sent directly to wallets.
Can I change my claim wallet address?
No, airdrop allocations are tied to the original eligible addresses. You cannot transfer your eligibility to a different wallet. Ensure you maintain access to your eligible wallet throughout the vesting period.
How were airdrop amounts calculated?
Allocations were determined based on participation levels in different phases: testnet activity volume, mainnet trading volume, external collaboration participation, and BMYX token holdings. Specific calculation formulas were not publicly disclosed to prevent gaming of the system.
Is there a minimum claim amount?
There’s no minimum claim amount enforced by the smart contract. However, users should consider gas fees when claiming very small amounts. It may be more economical to wait and claim multiple unlocks together if gas fees exceed a significant percentage of your claim value.
What can I do with claimed $MYX tokens?
Once claimed, $MYX tokens can be held in your wallet, traded on supported exchanges, used for platform governance (when enabled), or staked for additional rewards (if staking programs become available). Check the MYX platform for current utility options.
Conclusion
The MYX airdrop claim process offers a straightforward way for eligible participants to receive their $MYX token allocation. With the phased distribution model spanning several months, users have multiple opportunities to claim their tokens while the 90-day windows provide flexibility in timing. Remember to track your vesting schedule, maintain sufficient BNB for gas fees, and claim within the designated windows to avoid forfeiture. As MYX continues to develop its perpetual exchange platform on BNB Chain, early supporters who claim their airdrop tokens position themselves to participate in the ecosystem’s growth and governance.
Estimated Value
n/a
Tokens per Claim
n/a
Max. Participants
Unlimited
