Description
MUX Protocol is a decentralized perpetual trading platform that combines a perpetuals aggregator with native perpetual trading protocols deployed across multiple EVM networks. The aggregator automatically routes trader positions to the most cost-efficient available liquidity source among integrated protocols including GMX V1, GMX V2, and gTrade based on composite trading cost, available liquidity, and position size. Native trading protocols use an oracle-based peer-to-pool model in which traders execute against multi-asset liquidity pools, with a private dark oracle and Chainlink Data Streams used for pricing to reduce front-running and price manipulation. The platform supports up to 100x leverage, cross-margin and isolated margin modes, smart position routing, leverage boosting, and liquidation price optimization. Liquidity providers can deposit assets into native pools with customizable market exposure and directional options.