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MUX

Not enough data

MUX is a decentralized perpetual futures exchange on Arbitrum, Avalanche, BSC, Fantom, OP Mainnet.

Open interest$233.16K#59 of 91 · 0.0% share
Volume · 24h—not tracked by the source
Fees · 30d$4.57K-41.8% vs prior 30d
OI · 30d change—Daily average vs prior 30 days
MCB price$2.34+8.5% 30d
KEY FACTS

MUX at a glance

Launched
2022-08 source ↗'Since launching MUX V1 in August 2022'
Trading fees (base tier)
Not verified yet
Maximum leverage
100× source ↗'up to 100x leverage' (V3, V1 and aggregator); positions routed to third-party protocols follow their limits
Perp markets
Not verified yet
Collateral
Multiple asset types (e.g. USDC and pool assets); MUX V3 pools accept stablecoins, yield-bearing tokens, volatile assets and LRTs source ↗V1 page: 'Use multiple types of assets as collateral'; V3 pool collateral at https://docs.mux.network/protocol/overview/mux-v3-trading-protocol
KYC
Not verified yet
Restricted regions
US Persons, Algeria, Afghanistan, Bangladesh, Belarus, Bolivia, Burundi, Canada, Central African Republic, China (Mainland), Colombia, Crimea and 36 more source ↗Terms 1.1.5 'Prohibited Localities'; site footer: 'not available to Restricted Persons and US Persons'
Audits
Guardian — MUX V3 Trading Protocol contracts; SolidProof — MUX Leveraged Trading Aggregator contracts; CertiK — MUX V1 Trading Protocol contracts source ↗
Incidents
None found in official sources
Points program
Not verified yet
Referral program
Yes. Benefit for the referred trader: “traders (referees) can enjoy trading fee discounts by using a referral code. ... The referral rebate rate goes up to 35%, and the trading fee discount goes up to 10%.” source ↗discount from venue tier table by referrer's veMUX holding: Casual 2.5%, VIP1-VIP4 5%, top tier 10%; paid weekly as WETH airdrop

From MUX’s own documentation, terms, API or official posts, checked 08 Oct 2026. Terms change; confirm on the venue before trading. “Not verified yet” means we could not confirm it from an official source.

IS IT GROWING?

MUX trend: Not enough data

No metric has enough comparable history on a sufficient base yet. The label counts metric directions; it is not a score and not investment advice.

Rank by open interest: #59 now · #56 30 days ago · not ranked 90 days ago (among venues reporting that day)

Metric30 days90 daysCoverageReading
Open interest——97%Not enough daily history yet
User fees-41.8%-18.9%100%Base too small for a reliable direction
Trading volume———Not enough daily history yet

Thresholds: open interest ±25%, fees ±30%, volume ±40% over 30 days; the 90-day move must agree at half the threshold. Incentive campaigns can lift activity temporarily.

HISTORY

Activity over time

Open interest · daily

DefiLlama daily open interest · 58 days · 12 Aug 2026 – 08 Oct 2026

$233.16K
$240.14K$148.16K2026-08-122026-10-082026-08-12 · $169.97K2026-08-13 · $164.90K2026-08-14 · $190.78K2026-08-15 · $194.57K2026-08-16 · $173.80K2026-08-17 · $154.50K2026-08-18 · $160.92K2026-08-19 · $172.44K2026-08-20 · $182.94K2026-08-21 · $198.41K2026-08-22 · $198.67K2026-08-23 · $204.04K2026-08-24 · $203.34K2026-08-25 · $196.90K2026-08-26 · $199.00K2026-08-27 · $203.98K2026-08-28 · $221.14K2026-08-29 · $213.61K2026-08-30 · $215.58K2026-08-31 · $205.97K2026-09-01 · $230.58K2026-09-02 · $223.38K2026-09-03 · $230.97K2026-09-04 · $192.19K2026-09-05 · $200.25K2026-09-06 · $209.27K2026-09-07 · $210.87K2026-09-08 · $201.67K2026-09-09 · $205.72K2026-09-10 · $196.60K2026-09-11 · $198.72K2026-09-12 · $214.30K2026-09-13 · $219.34K2026-09-14 · $200.88K2026-09-15 · $218.50K2026-09-16 · $233.43K2026-09-17 · $216.07K2026-09-18 · $205.01K2026-09-19 · $204.68K2026-09-20 · $212.49K2026-09-21 · $194.11K2026-09-22 · $199.12K2026-09-23 · $215.69K2026-09-24 · $212.31K2026-09-25 · $200.78K2026-09-26 · $207.64K2026-09-27 · $217.11K2026-09-28 · $233.80K2026-09-29 · $227.66K2026-09-30 · $223.97K2026-10-01 · $206.65K2026-10-02 · $208.74K2026-10-03 · $207.87K2026-10-04 · $210.85K2026-10-05 · $206.68K2026-10-06 · $226.32K2026-10-07 · $218.85K2026-10-08 · $233.16K

Gaps are not joined. The scale starts near the series minimum, not at zero.

User fees · daily

DefiLlama daily user fees, complete UTC days · 180 days · 11 Apr 2026 – 07 Oct 2026

$284.00
$1.54K$0.002026-04-112026-10-072026-04-11 · $592.002026-04-12 · $303.002026-04-13 · $699.002026-04-14 · $897.002026-04-15 · $341.002026-04-16 · $373.002026-04-17 · $262.002026-04-18 · $465.002026-04-19 · $272.002026-04-20 · $113.002026-04-21 · $265.002026-04-22 · $307.002026-04-23 · $538.002026-04-24 · $148.002026-04-25 · $16.002026-04-26 · $39.002026-04-27 · $484.002026-04-28 · $139.002026-04-29 · $563.002026-04-30 · $7.002026-05-01 · $407.002026-05-02 · $86.002026-05-03 · $21.002026-05-04 · $951.002026-05-05 · $42.062026-05-06 · $987.002026-05-07 · $483.002026-05-08 · $246.002026-05-09 · $91.002026-05-10 · $127.002026-05-11 · $199.002026-05-12 · $70.002026-05-13 · $708.002026-05-14 · $98.002026-05-15 · $1.43K2026-05-16 · $481.002026-05-17 · $345.002026-05-18 · $334.002026-05-19 · $144.002026-05-20 · $122.002026-05-21 · $55.042026-05-22 · $406.002026-05-23 · $499.002026-05-24 · $626.002026-05-25 · $422.002026-05-26 · $810.002026-05-27 · $236.002026-05-28 · $107.002026-05-29 · $33.512026-05-30 · $0.582026-05-31 · $31.752026-06-01 · $74.632026-06-02 · $836.002026-06-03 · $423.002026-06-04 · $475.002026-06-05 · $1.33K2026-06-06 · $220.002026-06-07 · $244.002026-06-08 · $340.002026-06-09 · $240.002026-06-10 · $162.002026-06-11 · $126.002026-06-12 · $172.002026-06-13 · $37.012026-06-14 · $140.002026-06-15 · $198.002026-06-16 · $101.002026-06-17 · $174.002026-06-18 · $254.002026-06-19 · $236.002026-06-20 · $42.762026-06-21 · $36.172026-06-22 · $177.002026-06-23 · $345.002026-06-24 · $537.002026-06-25 · $553.002026-06-26 · $270.002026-06-27 · $82.092026-06-28 · $59.002026-06-29 · $137.002026-06-30 · $85.312026-07-01 · $178.002026-07-02 · $152.002026-07-03 · $314.002026-07-04 · $329.002026-07-05 · $115.002026-07-06 · $316.002026-07-07 · $114.002026-07-08 · $175.002026-07-09 · $125.002026-07-10 · $329.002026-07-11 · $252.002026-07-12 · $70.012026-07-13 · $279.002026-07-14 · $405.002026-07-15 · $1.18K2026-07-16 · $445.002026-07-17 · $498.002026-07-18 · $91.002026-07-19 · $68.762026-07-20 · $82.772026-07-21 · $134.002026-07-22 · $130.002026-07-23 · $101.002026-07-24 · $167.002026-07-25 · $82.182026-07-26 · $140.002026-07-27 · $1.11K2026-07-28 · $758.002026-07-29 · $674.002026-07-30 · $239.002026-07-31 · $392.002026-08-01 · $96.042026-08-02 · $318.002026-08-03 · $215.002026-08-04 · $198.002026-08-05 · $395.002026-08-06 · $251.002026-08-07 · $402.002026-08-08 · $248.002026-08-09 · $329.002026-08-10 · $543.002026-08-11 · $210.002026-08-12 · $306.002026-08-13 · $119.002026-08-14 · $255.002026-08-15 · $85.952026-08-16 · $118.002026-08-17 · $157.002026-08-18 · $9.912026-08-19 · $160.002026-08-20 · $334.002026-08-21 · $530.002026-08-22 · $52.922026-08-23 · $45.002026-08-24 · $138.002026-08-25 · $272.002026-08-26 · $36.292026-08-27 · $119.002026-08-28 · $268.002026-08-29 · $49.472026-08-30 · $155.002026-08-31 · $66.222026-09-01 · $75.882026-09-02 · $179.002026-09-03 · $1.03K2026-09-04 · $580.002026-09-05 · $508.002026-09-06 · $467.002026-09-07 · $655.002026-09-08 · $348.002026-09-09 · $234.002026-09-10 · $226.002026-09-11 · $164.002026-09-12 · $25.122026-09-13 · $98.302026-09-14 · $77.012026-09-15 · $504.002026-09-16 · $314.002026-09-17 · $149.002026-09-18 · $320.002026-09-19 · $81.252026-09-20 · $134.002026-09-21 · $437.002026-09-22 · $219.002026-09-23 · $72.152026-09-24 · $70.002026-09-25 · $53.012026-09-26 · $11.002026-09-27 · $1.372026-09-28 · $108.002026-09-29 · $88.622026-09-30 · $202.002026-10-01 · $79.052026-10-02 · $136.002026-10-03 · $3.912026-10-04 · $92.602026-10-05 · $11.022026-10-06 · $25.032026-10-07 · $284.00

Gaps are not joined. The scale starts near the series minimum, not at zero.

MUX Protocol Suite contains the MUX Leveraged Trading Protocol and MUX Aggregator. MUX offers optimized trading cost, deep aggregated liquidity, diverse market options and a wide range of leverage options for traders.

Project description as listed on DefiLlama

MUX: common questions

What is MUX’s open interest?

MUX had $233.16K of open interest according to DefiLlama on 08 Oct 2026 · 12:17 UTC, ranking #59 of 91 perp DEXs we track by open interest. That is 0.0% of the combined open interest of the tracked venues.

How much do traders pay in fees on MUX?

Traders paid $4.57K in fees over the last 30 days according to DefiLlama, -41.8% compared with the previous 30 days.

Is MUX growing?

Our current reading is “Not enough data”. The reading updates daily and requires sufficient history and a minimum base.

Does MUX have a token?

Yes, MCB. It traded at $2.34 with a market cap of $8.92M on 08 Oct 2026 · 12:15 UTC (CoinGecko). Token ownership does not by itself entitle holders to exchange revenue.

What is the maximum leverage on MUX?

Up to 100× on some markets, according to MUX’s documentation. Most markets allow less.

Does MUX have a referral program?

Yes. Benefit for the referred trader: “traders (referees) can enjoy trading fee discounts by using a referral code. ... The referral rebate rate goes up to 35%, and the trading fee discount goes up to 10%.”.

Sources and capture details

Open interest and fees: DefiLlama, captured 08 Oct 2026 · 12:17 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 08 Oct 2026 · 12:16 UTC. Token prices and 30-day price change: CoinGecko, at the time shown on each venue page; a parent-project or chain token is labelled and is not evidence of a claim on exchange revenue. Changes compare the last 30 days with the previous 30 days (OI as a daily average, fees as a total) and need at least 95% daily coverage. A trend label needs the 30-day move to pass a threshold (OI ±25%, fees ±30%) on a minimum base (OI ≥ $5M, fees ≥ $100K per 30 days); with 90 days of history both horizons must agree. Venue-reported volume is not audited; ⚑ marks volume above 25× open interest. “—” means unavailable, never zero. Full method ↗