The BNB Chain ecosystem continues to evolve as a powerhouse for innovation in decentralized finance (DeFi) and blockchain infrastructure. On June 5, 2025, the BNB Chain Chinese community hosted an engaging Ask Me Anything (AMA) session titled "Meet the Winners of the $100M Incentive Program: MYX & Lorenzo". This event spotlighted two groundbreaking projects—MYX.finance and Lorenzo AI—that are redefining how users interact with perpetual contracts and on-chain asset management through advanced AI integration and modular financial design.
Introducing the Visionaries Behind the Projects
Ryan from MYX.finance – Redefining Perpetual Trading
Ryan, representing MYX.finance, introduced the project as a decentralized perpetual contract trading platform built on the concept of "chain abstraction". Positioned as the "Uniswap of perpetual markets", MYX aims to democratize access to derivatives by enabling anyone, anywhere, to launch and trade perpetual contracts across any asset and any blockchain.
At its core, MYX tackles major pain points in on-chain derivatives:
- Fragmented liquidity
- Isolated assets across chains
- Lack of hedging tools for long-tail assets
To solve these, MYX leverages several key innovations:
- MPM (Matching Pool Mechanism): Simulates order book depth for 0-slippage execution.
- Chain-abstracted margin: Users can use assets from any chain as collateral without wrapping.
- Signature-based execution and low gas design: Delivers a seamless, CeFi-like trading experience.
👉 Discover how next-gen DeFi platforms are transforming user experience with frictionless trading.
Nihant from Lorenzo AI – Building the Web3 Investment Bank
Nihant, Head of Community at Lorenzo AI, described Lorenzo as an institutional-grade on-chain asset management platform. By tokenizing CeFi products and integrating them into DeFi, Lorenzo is creating a standardized layer for generating real yield—what they call the "Financial Abstraction Layer (FAL)".
Lorenzo addresses growing demand for:
- Sustainable, real-world yield
- Efficient capital deployment
- Plug-and-play financial solutions for Neobanks, PayFi apps, and wallets
Their flagship product, the On-Chain Trading Fund (OTF), packages complex strategies—such as quant trading, RWA exposure, and staking—into tradable tokens. Think of it as a "DeFi ETF", where end users gain easy access to sophisticated strategies without needing technical expertise.
This modular approach allows B2B partners to integrate yield-generating capabilities instantly, turning their platforms into revenue-generating financial hubs.
Why BNB Chain? Strategic Alignment Meets Technical Excellence
Both teams emphasized that their choice of BNB Chain was driven by more than just performance—it was a strategic alignment with a forward-thinking ecosystem.
For MYX: Speed, Cost, and Ecosystem Synergy
Ryan highlighted that Binance Alpha, BNB Chain’s launchpad for high-potential projects, serves as the ideal starting point for emerging themes like AI and Memes. The synergy between Alpha spot listings and MYX perpetual markets creates a powerful growth loop.
Key technical advantages include:
- Ultra-low transaction fees (<1 bps)
- High throughput (TPS) for smooth trade execution
- Native integration with Chainlink oracles and BNB Foundation incentives
These factors ensure efficient conversion from traffic to actual trading activity. Additionally, Binance’s co-marketing support amplifies visibility and liquidity acquisition—critical for early-stage DeFi protocols.
For Lorenzo: Infrastructure Built for Institutional Use
Nihant pointed out that BNB Chain’s robust infrastructure supports high-frequency operations essential for fund management, vault settlements, and automated strategy execution. The Financial Abstraction Layer (FAL) relies heavily on predictable costs and fast finality—both strengths of BNB Chain.
Moreover, being part of the $100M BNB Chain Incentive Program validates Lorenzo’s vision and provides strategic resources to accelerate development and ecosystem partnerships.
What Made These Projects Stand Out?
MYX: Infrastructure for Democratized Alpha
MYX attributes its selection to a shared vision with BNB Chain: building an Alpha Ecosystem Accelerator. Their infrastructure enables:
- Cross-chain margin usage
- Permissionless perpetual market creation
In just the testnet phase, MYX demonstrated strong traction:
- Average daily perpetual volume: ~$300 million
- Over $25,000 in grants from the foundation
- A sustainable tokenomics model where traders and LPs share fee rewards
Combined with technological milestones like MPM depth simulation and oracle integration, MYX has emerged as both a practitioner and innovator in the decentralized perpetual DEX space.
Lorenzo: Bridging CeFi Sophistication with DeFi Accessibility
Lorenzo stood out due to four core strengths:
- Market Relevance: Addresses rising demand for stable yield solutions across Neobanks and PayFi platforms.
- Product Innovation: OTFs turn complex strategies into plug-and-play financial modules—like building blocks for yield.
- Ecosystem Fit: Aligns perfectly with BNB Chain’s push toward modular financial infrastructure.
- Proven Execution: Already integrated with 30+ DeFi protocols and 20+ blockchains; manages over $300 million in BTC assets; backed by top-tier investors including Binance Labs.
This combination of technical depth, ecosystem synergy, and real-world adoption solidified Lorenzo’s position as a foundational player in next-gen on-chain finance.
Key Achievements & Technological Breakthroughs
MYX’s Hybrid Trading Engine
Rather than choosing between P2Pool models or centralized order books, MYX forged a new path. The MPM mechanism merges the precision of order books with the automation of AMMs. By tracking net exposure, MYX dramatically improves capital efficiency—reducing gas costs and enhancing liquidity provider experience.
The result? Near-CeFi trading depth with full decentralization—unlocking low-slippage, permissionless, scalable perpetual markets.
Lorenzo’s OTF: The Future of On-Chain Funds
Lorenzo’s OTF product allows C-end users to buy diversified yield strategies through partner wallets—no configuration needed. For B2B partners, it offers “Yield-as-a-Service,” eliminating the need to build complex strategies in-house.
As the centerpiece of Lorenzo’s modular finance issuance middleware, OTFs enable:
- Standardized yield generation
- Low-barrier integration
- Universal financial primitives for Web3
Roadmap: What’s Next with $100M Incentive Support?
MYX’s Three-Phase Innovation Plan
With support from the BNB Chain incentive program, MYX is launching three transformative upgrades:
- Q3 2025: Permissionless Perpetual Listing
Empower communities and projects to create perpetual markets instantly—just like launching tokens on Uniswap. This unlocks hedging and leverage for long-tail assets. - Q4 2025: Copy Trading & Institutional Frontends
Transform top trader performance into one-click copyable strategies. Integrate with CEXs, mini-programs, and social trading platforms to onboard new users and open monetization paths for KOLs. - Q1 2026: Cross-Chain Unified Margin
Enable users to collateralize assets from any chain to trade across multiple networks—eliminating fragmented margin systems and maximizing capital utilization.
These innovations aim to dismantle three major barriers: high listing thresholds, inaccessible strategies, and isolated cross-chain positions—bringing "Democratize Alpha for All" within reach.
👉 See how unified margin systems are reshaping cross-chain trading efficiency.
Lorenzo’s Path to Real Yield Infrastructure
Lorenzo will focus on building a tokenized financial product-driven yield ecosystem:
- Q2 2025: Launch core system Lorenzo FAL and debut its flagship yield product.
- Q3 2025: Expand ecosystem integrations with partners like Plume and Infini; diversify OTF offerings.
- Q4 2025: Roll out the first $BANK token buyback program, reinforcing value accrual.
Backed by BNB Chain’s support, Lorenzo is accelerating toward becoming a composable, real-yield engine for the broader Web3 economy.
Frequently Asked Questions (FAQ)
Q: What does 'chain abstraction' mean in practice for traders?
A: It means you can use ETH on Ethereum as margin to trade BTC perpetuals on BNB Chain—without wrapping or bridging. The system handles cross-chain coordination automatically.
Q: How do OTFs differ from traditional yield farms?
A: Unlike simple staking pools, OTFs bundle professional-grade strategies (e.g., market-making, RWA lending) into secure, audited tokens that anyone can buy and trade like ETFs.
Q: Can anyone create a perpetual market on MYX?
A: Yes—once permissionless listing launches in Q3 2025, any user or project can deploy a perpetual market for any asset with minimal friction.
Q: How does Lorenzo ensure safety for institutional clients?
A: Through rigorous risk modeling, multi-layered audits, and transparent performance tracking built into each OTF smart contract.
Q: Will MYX support spot trading in the future?
A: While focused on derivatives now, cross-functional interoperability may allow spot integration via ecosystem partners.
Q: Are there plans to expand beyond BNB Chain?
A: Yes—both projects are multi-chain by design. However, BNB Chain remains the strategic home due to ecosystem incentives and performance advantages.
Final Thoughts: Powering the Next Wave of On-Chain Finance
This AMA revealed how MYX.finance and Lorenzo AI are pushing the boundaries of what’s possible in decentralized finance. Through technological innovation—MPM matching pools, financial abstraction layers—and deep alignment with BNB Chain’s vision, both projects are laying the groundwork for a more accessible, efficient, and interconnected Web3 financial system.
As the $100M incentive program fuels their expansion, expect rapid advancements in permissionless trading, cross-chain capital efficiency, and real-yield productization—all contributing to a more democratic financial future.
👉 Explore how emerging DeFi protocols are shaping the future of finance.