Mycelium (@mycelium_xyz_1265449108958965760) — Twitter Score 69 out of 1000

Mycelium is a defunct decentralized perpetual-derivatives protocol that formerly operated Perpetual Pools and Perpetual Swaps on Arbitrum and Ethereum, previously known as Tracer DAO. Mycelium's Twitter Score is 69 out of 1000 (a Good rating) as of August 2026, ranking #11,913 (top 5%) among 483,944 tracked accounts.

Mycelium built its core product, Perpetual Pools, to give users leveraged, tokenized exposure to arbitrary assets through pool tokens minted and burned against settlement assets. The Perpetual Pools contracts were deployed on Arbitrum mainnet, with Ethereum deployment tooling also documented in the repository. Before launch, Perpetual Pools V1 went through a security audit by Sigma Prime as well as a separate crowdsourced audit on Code4rena.

Mycelium was governed through Mycelium DAO, with the MYC token representing voting power alongside TCR and staked MYC/TCR balances. On July 21, 2023, a governance vote resulted in 68.9% of recorded votes selecting the option to deprecate the platform and burn MYC tokens for treasury assets. Following that decision, the protocol's remaining interfaces were reduced to burning MYC, claiming ETH and ARB, and closing or exiting open positions. Surviving documentation takes the form of an exit guide covering Perpetual Pool tokens, MLP tokens, staked MYC, TCR migration, and the MYC burn process.

Mycelium had previously been backed by Apollo Capital, Digital Asset Capital Management, Distributed Global, Framework Ventures, GSR, Efficient Frontier, and Baires DAO. The account has accumulated 16,831 followers as of August 2026 and has published 12 posts. Mycelium has been mentioned by 42 accounts a total of 82 times.

Who follows Mycelium on X?

The accounts that follow Mycelium include 192 founders, 78 angel investors, 141 influencers and 10 VCs. Among them are Stani, smolting wassie, verse, Arthur, Murad, Tarun Chitra and Vance Spencer.