MUX Protocol

MUX Protocol PriceMCB

$2.122771
-$0.01490-0.70%

Last updated--

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MUX Protocol Price Today

Current MCB/USD real-time price is $2.122771, with a 24-hour change rate of -0.70% and a 7-day change rate of +14.55%. MCB currently ranks #1049 globally by market cap, with a total market cap of $7.972912M, a fully diluted valuation (FDV) of $10.020884M, and a 24-hour trading volume of 31.854002. In terms of supply, MCB has a maximum supply of 4.8M, a current circulating supply of 3.82M, with 79.56% already in circulation and 20.44% remaining to be unlocked.

About MUX Protocol

MUX Protocol is a decentralized perpetual contract trading platform designed to offer a unified, cross-chain trading experience with deep liquidity and low fees.

Key takeaways

  • MUX Protocol is a decentralized exchange (DEX) specializing in perpetual futures contracts across multiple blockchains.
  • It aggregates liquidity from various sources, including its own pools and other DEXs, to offer competitive pricing.
  • The platform uses a multi-chain vault system to manage collateral and execute trades efficiently.
  • The MCB token is the governance and utility token of the MUX Protocol ecosystem.
  • Users can trade perpetuals with up to 100x leverage on assets from chains like Arbitrum, Avalanche, and BNB Chain.

What is MUX Protocol? Key Specifications & Tokenomics

MUX Protocol is a decentralized perpetual futures trading platform that unifies liquidity and trading across multiple blockchain networks.


ItemDetails
Name (Ticker)MUX Protocol (MCB)
Alternative NamesMUX
Consensus MechanismN/A (Application built on multiple blockchains)
Smart ContractsYes (EVM-compatible)
CategoryDeFi, Decentralized Exchange (DEX)
Hash AlgorithmN/A
Block RewardN/A
Max Supply100,000,000 MCB
TPSDependent on underlying blockchains (e.g., Arbitrum, Avalanche)
Scaling SolutionUtilizes Layer 2 and other high-throughput blockchains
BlockchainMulti-chain (Primarily Arbitrum, Avalanche, BNB Chain)

Who created MUX Protocol (MCB)?


MUX Protocol was developed by a team focused on decentralized finance (DeFi) infrastructure. The project is governed by MUX DAO, a decentralized autonomous organization where MCB token holders can propose and vote on key protocol decisions, such as fee structures, supported assets, and treasury management. The core team and contributors remain active in developing the protocol, but ultimate control is designed to be decentralized and community-driven over time.


How does MUX Protocol (MCB) work?

MUX Protocol operates through a sophisticated multi-chain architecture. It doesn't rely on a single blockchain but instead deploys its trading system across several networks like Arbitrum and Avalanche. The protocol uses a network of "vaults" on each chain to pool collateral from liquidity providers. When a trader opens a leveraged position, the protocol's smart contracts execute the trade by tapping into this aggregated liquidity, which comes from its own vaults and other integrated decentralized exchanges. This design aims to provide deep liquidity and minimize slippage. All positions are settled in a stablecoin (like USDC), and the system automatically manages funding rates and liquidations to maintain stability.


What makes MUX Protocol (MCB) unique and valuable

MUX Protocol's primary value proposition is its unified, cross-chain perpetual trading experience. Unlike many DEXs confined to a single chain, MUX allows traders to access leverage on assets from multiple ecosystems from a single interface. Its liquidity aggregation model is a key differentiator, pooling capital from various sources to offer tighter spreads and better execution prices. The protocol is also designed for capital efficiency; liquidity providers earn fees from trading activity and funding rates, while their deposited assets are used as collateral across the entire network, not just on one chain. This multi-vault system helps mitigate chain-specific risks and improves overall resilience.


What is MUX Protocol (MCB) used for?

The MCB token serves multiple functions within the MUX ecosystem:

  • Governance: MCB holders can participate in MUX DAO governance, voting on proposals that shape the protocol's future.
  • Fee Discounts: Users can stake MCB to receive a discount on trading fees incurred on the MUX Protocol platform.
  • Revenue Sharing: A portion of the protocol's trading fees is used to buy back and distribute MCB tokens to stakers, incentivizing long-term holding.
  • Liquidity Incentives: MCB tokens are distributed as rewards to liquidity providers who deposit assets into the protocol's vaults, helping to bootstrap and maintain deep liquidity pools.

How to buy MCB Coin?

MCB is a cryptocurrency available on several exchanges. For a secure and user-friendly experience with high liquidity, consider using a major exchange like BTCC.

  1. Register a BTCC Account: Sign up using your email or phone number. Complete the KYC verification process to access all platform features and benefits.
  2. Deposit Funds: Add funds via fiat methods (bank transfer, card, or third-party payment) or deposit USDT from an external wallet into your BTCC account. (How to buy USDT on BTCC)
  3. Start Trading: Navigate to the trading section. Search for the spot trading pair MCB/USDT or the perpetual contract MCBUSDT.
  4. Place an Order: Enter the amount of MCB you wish to purchase and submit your order. For contract trading, you can also open short (sell) positions and adjust leverage according to your strategy.
  5. Confirm Your Purchase: For spot trades, check your wallet balance to confirm the MCB tokens have been credited. For futures trades, verify your open position in the trading interface.

How to Buy and Use MUX Protocol

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsMUX Protocol is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose MUX Protocol products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for MCB are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

MUX Protocol FAQs

What is the live price, market cap, and 24h volume of MUX Protocol (MCB)?

As of right now, the live price of MUX Protocol (MCB) is $2.122771. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated MCB to USD rate at the top of BTCC’s price page. In terms of market scope, MUX Protocol records a 24h trading volume of _24h31.854002 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $7.972912M. Its current circulating supply stands at 3.82M out of a maximum supply cap of 4.8M.

Why does the price of MUX Protocol (MCB) fluctuate, and what drives its volatility?

The price volatility of MUX Protocol (MCB) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (3.82M) to max supply (4.8M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for MUX Protocol (MCB)?

Looking at its historical price performance, MUX Protocol (MCB) hit an all-time high (ATH) of $67.855883 on 2021-10-17 04:30, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.950687 on 2020-10-30 03:55. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the MUX Protocol (MCB) price chart for futures trading?

When trading MCB futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (_24h31.854002), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from MUX Protocol (MCB) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s MCBUSDT perpetual contracts support two-way trading. If you anticipate a price decline for MUX Protocol, simply log into your BTCC account with USDT margin available, navigate to the MCBUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade MUX Protocol (MCB) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for MCBUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practice MUX Protocol (MCB) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $2.122771), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for MCBUSDT with zero financial risk.

Step-by-step guide: How to buy and trade MUX Protocol (MCB) on BTCC?

Trading MUX Protocol (MCB) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for MCBUSDT, and review its live price ($2.122771) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.