# MUX Protocol

> Decentralized trading & yield farming

MUX Protocol is a decentralized perpetual trading aggregator that routes trades across multiple liquidity sources, offering up to 100x leverage and zero price impact.

MUX Protocol combines native perpetual trading pools with an aggregator that routes positions across integrated external protocols, selecting the route with the lowest composite cost. Users can trade with up to 100x leverage, supply liquidity with customizable market and directional exposure, and earn fees by staking. The P2Multi-Pool model shares liquidity across deployed chains, allowing each network to draw from the combined pool depth.

- Type: Protocol
- Sector: Finance
- Status: Active
- Founded: 2022-08-01
- Profile: https://thegrid.id/profiles/mux_protocol

## Products

- [MUX Protocol](https://thegrid.id/profiles/mux_protocol): 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. (Derivatives , Live, Main Product)

## Assets

- [MCB (MCB)](https://thegrid.id/profiles/mux_protocol): MCB is the governance token of MUX Protocol. It is used for locking to obtain veMUX, which entitles holders to protocol income and MUX rewards, with lock periods from two weeks to four years. The token has a supply cap of 4,803,144, with 1,000,000 reserved for conversion from the non-transferable MUX reward token through a one-year linear vesting process. (Governance)
- [MUX (MUX)](https://thegrid.id/profiles/mux_protocol): MUX is the non-transferable reward token of MUX Protocol, available only on Arbitrum. It is earned by holding veMUX or staking MUXLP, and can be staked to obtain additional veMUX or vested linearly into MCB over one year. The supply is capped at 1,000,000 with a daily emission of 1,000 tokens, and decreases as MUX is vested into MCB. (Utility)
- [veMUX (VEMUX)](https://thegrid.id/profiles/mux_protocol): veMUX is the governance token of MUX Protocol, obtained by locking MCB or MUX for periods of two weeks to four years. It is used for voting on protocol proposals and entitles holders to a share of protocol income from trading fees and MUX token rewards. veMUX is non-transferable and available only on Arbitrum, with its balance decreasing as the lock period expires. (Governance)
- [MUXLP (MUXLP)](https://thegrid.id/profiles/mux_protocol): MUXLP is the liquidity provider token of the MUX V1 Trading Protocol. It is purchased using supported assets from the multi-asset pool and staked to earn protocol income from trading fees, funding payments, and liquidation penalties, as well as MUX token rewards. MUXLP tokens are minted when buy orders are filled and burned upon redemption, with no supply cap, and represent proportional ownership across a unified multi-chain liquidity pool. (Vault Tokens)

## Links

- [Main](https://mux.network)
- [Documentation](https://docs.mux.network)
- [Terms of Service](https://mux.network/terms-and-conditions)
- [Forum](https://forum.mux.network)
- [Medium](https://x.com/muxprotocol)
- [Discord](https://discord.gg/bd88NrzN3N)
- [Telegram](https://t.me/muxprotocol)
- [GitHub](https://github.com/mux-world)

## Legal

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP