PANews reported on February 18th that, according to Chainwire, on-chain derivatives protocol MYX has announced the completion of a strategic financing round led by Consensys, with participation from Consensys Mesh and Systemic Ventures. Following this round, Consensys officially becomes MYX's largest investor, and the funds will be used to support the release of MYX V2 and the deployment of its modular derivatives settlement engine.

MYX V2 marks the platform's transformation from vertically integrated DApps to a modular settlement layer, upon which other products and platforms can be built. This design aims to avoid the fragmentation of derivatives liquidity across chains, driving the industry's evolution from isolated DEXs to shared clearing and settlement primitives. At the protocol level, MYX V2 integrates account abstractions based on EIP-4337 and EIP-7702, combined with Chainlink's latest permissionless oracle stack, to address long-standing pain points such as slow listing of long-tail assets, low capital utilization efficiency, and complex transaction processes.