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Events / MYX Secures Consensys-Led Funding...
Business Funding Round

MYX Secures Consensys-Led Funding for V2 Launch

Analysis based on 7 articles · First reported Feb 18, 2026 · Last updated Feb 18, 2026

Sentiment
70
Attention
4
Articles
7
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard
Market Impact

The successful funding round for MYX, led by Consensys, is a positive signal for the decentralized finance and cryptocurrency derivatives markets. It indicates growing institutional confidence and investment in infrastructure that aims to improve capital efficiency and reduce trading friction within the Ethereum ecosystem.

Cryptocurrency Financial Technology Decentralized Finance
Event Summary

Onchain derivatives protocol MYX has completed a strategic funding round led by Consensys, with participation from Consensys===Consensys Mesh, Systemic Ventures, and Ethereal Ventures. Consensys is now the largest investor in MYX. This funding supports the rollout of MYX's Modular Derivative Settlement Engine and the launch of MYX V2, marking the platform's transition into core infrastructure for omnichain derivatives. MYX V2 aims to revolutionize onchain derivatives by serving as a modular settlement layer, enabling gasless, one-click trading, and introducing a Dynamic Margin system that supports up to 50x leverage without relying on traditional order book depth. It integrates account abstraction via EIP-4337 and EIP-7702 alongside Chain-link fencing's permissionless oracle stack to eliminate slippage and reduce execution risk for professional traders. This development is expected to enhance the scalability and health of the Ethereum financial ecosystem.

Key Actions
100 MYX completed strategic funding round
95 Consensys led strategic funding round MYX
90 MYX transitioned into core infrastructure for omnichain derivatives
60 MYX integrated Chain-link fencing's permissionless oracle stack Chain-link fencing
50 Consensys===Consensys Mesh participated in funding round MYX
40 Systemic Ventures participated in funding round MYX
40 Ethereal Ventures participated in funding round MYX
Entities Involved
priv
MYX
MYX successfully completed a strategic funding round, securing Consensys as its largest investor. This funding supports the launch of MYX V2, which will transition the platform into a core infrastructure for omnichain derivatives, enhancing its market position and capabilities.
Importance 100 Sentiment 80
priv
Consensys
Consensys led the strategic funding round for MYX, becoming its largest investor. This investment signals Consensys's belief in MYX's modular settlement layer approach and its foundational role in the Ethereum financial ecosystem, potentially expanding Consensys's influence in DeFi.
Importance 90 Sentiment 70
per
Ryan
Ryan, CEO of MYX, expressed gratitude to investors and highlighted the transformative nature of MYX V2 as an 'engine' for onchain perpetuals trading. His leadership is central to the vision and execution of MYX's strategic shift.
Importance 60 Sentiment 70
subs
Consensys===Consensys Mesh
Consensys===Consensys Mesh participated in the funding round for MYX, contributing to the capital raise for the MYX V2 launch. This participation aligns with Consensys's broader investment strategy in the decentralized finance space.
Importance 50 Sentiment 60
per
Ray Hernandez
Ray Hernandez, Senior VP of Corporate Development at Consensys, emphasized the importance of modular, shared settlement layers for the maturation of onchain markets. His statements underscore Consensys's strategic rationale for investing in MYX.
Importance 50 Sentiment 60
priv
Systemic Ventures
Systemic Ventures participated in the strategic funding round for MYX, supporting the development and launch of MYX V2. This investment indicates their interest in the evolving onchain derivatives market.
Importance 40 Sentiment 50
priv
Ethereal Ventures
Ethereal Ventures participated in the strategic funding round for MYX, contributing to the capital raise for the MYX V2 launch. This investment indicates their interest in the evolving onchain derivatives market.
Importance 40 Sentiment 50
+ 2 more entities View on Dashboard
Relationships
Consensys related ↔ MYX
Consensys===Consensys Mesh related ↔ MYX
Systemic Ventures related ↔ MYX
Ryan related ↔ MYX
Ray Hernandez related ↔ Consensys
Ethereal Ventures related ↔ MYX
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