MUX Protocol (@muxprotocol) — Twitter Score 93 out of 1000

MUX Protocol is a decentralized perpetual-trading aggregator and leveraged-trading protocol suite that originated as a rebrand of MCDEX, with MCDEX V4 launching as MUX Protocol in August 2022. MUX Protocol's Twitter Score is 93 out of 1000 (a Good rating) as of August 2026, ranking #8,035 (top 5%) among 483,944 tracked accounts.

MUX Protocol was founded by Liu Jie and offers a suite of products including the MUX Perpetual Aggregator, MUX V3 Trading Protocol, MUX V1 Trading Protocol, and MUX V1 Degen Protocol. The aggregator automatically selects liquidity routes across integrated sources, including GMX V1 and V2 and Gains Network's gTrade, and supports smart position routing, aggregated positions, leverage boosting, and liquidation-price optimization with leverage up to 100x. MUX V3 uses a P2Multi-Pool liquidity model with both cross-margin and isolated-margin trading, relying on Chainlink Data Streams alongside the MUX Dark Oracle for price aggregation.

MUX Protocol's token architecture centers on MCB as the primary protocol token, with a documented supply cap of 4,803,144 tokens. Locking MCB produces veMUX, a non-transferable governance token that entitles holders to protocol income, MUX rewards, and governance voting power. MUX itself is a non-transferable reward token on Arbitrum that can be locked for veMUX or vested linearly into MCB over one year. MUXLP, the MUX V1 liquidity-provider token, is available on Arbitrum, BNB Chain, Avalanche, and Fantom, with staking and rewards distribution occurring on Arbitrum. A May 2026 community proposal raised the question of either an orderly wind-down or a lean-mode alternative, though no adoption of a wind-down was established; the official protocol overview, updated in July 2026, indicates contributors continue developing features and integrations. MUX Protocol also works with Celer Network as a bridging collaborator via cBridge.

MUX Protocol has attracted backing from a broad set of investors, including Delphi Digital, Multicoin Capital, Fenbushi Capital, DeFiance Capital, D1 Ventures, Alliance DAO, NGC Ventures, IOSG Ventures, OKX Ventures, Bixin Ventures, Incuba Alpha, Digital Renaissance Foundation, ZBS Capital, Plutus VC, and formerly Alameda Research. MUX Protocol has 43,426 followers as of August 2026 and has published 2,912 posts. MUX Protocol has been mentioned by 112 accounts a total of 349 times.

MUX Protocol's portfolio includes Lemma Labs.

Who follows MUX Protocol on X?

The accounts that follow MUX Protocol include 284 founders, 100 angel investors, 222 influencers and 11 VCs. Among them are Laura Shin, Andrew Kang, smolting wassie, verse, CL, Loomdart and Tarun Chitra.