Headline: MYX raises strategic funding led by Consensys as it pivots to modular, omnichain derivatives infrastructure MYX has closed a strategic funding round led by Consensys — with participation from Consensys Mesh and Systemic Ventures — ahead of the launch of MYX V2. With this round complete, Consensys is now the protocol’s largest investor. The capital will help roll out MYX’s Modular Derivative Settlement Engine and accelerate the platform’s transition into core infrastructure for omnichain derivatives. MYX V2 marks a structural shift away from a vertically integrated dApp toward a modular settlement layer that other protocols and products can build on. At the protocol level, V2 integrates account abstraction (EIP-4337 and EIP-7702) and Chainlink’s latest permissionless oracle stack — components designed to simplify UX (including gasless transactions) while delivering reliable, decentralized pricing data. A key innovation in V2 is its Dynamic Margin system, which supports up to 50x leverage without relying on traditional order-book depth. By anchoring pricing to oracles rather than transient local liquidity, MYX says it can eliminate slippage for large orders and reduce execution risk for professional traders. The design aims to decouple execution quality from liquidity depth, letting traders access new or thinly traded assets without waiting for deep order books, laddering into positions, or suffering price impact. MYX claims these mechanics produce materially lower effective trading costs than underlying spot markets, immediate access to emerging assets, and consistent execution even during stress periods. Importantly, the protocol says these properties are enforced by deterministic economic models, a robust margin framework, and conservative security assumptions — not discretionary market-making. Disclosure: This article does not represent investment advice. The content is for educational purposes only and provided by a third party. Neither crypto.news nor the author endorses any product mentioned here. Users should conduct their own research before taking any action related to the company. Read more AI-generated news on: undefined/news