I’ve felt the sting of slippage and punishing fees on DEXs, where a tight tolerance can still see orders blow out by 0.1% or more during volatile moments. I learned that taker fees—often around 0.04% to 0.10%, can quietly eat into gains, especially when markets swing fast.
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Recently i have been looking for alternatives and I came across MYX Finance’s Matching Pool Mechanism, which pairs longs and shorts directly within a single pool.
From their documentation, they said it’s designed to execute trades without slippage by reserving collateral and matching opposing positions instantly. Fees start as low as 0.045% per trade, among the leanest in DeFi,and leverage goes up to 50x.
I like the prospect of their gasless transactions on supported chains which i know will be a plus for many traders.
Although i haven't tried it, users can have voice in protocol governance through MYX tokens which is set to be listed later today on CEXs like Bitget and others...
whats your take on the gasless transactions? do you think it is sustainable?