I will show you how to use Mux Network for Leverage trading of ETH, BTC, AVAX, BNB and many other tokens in Arbitrum, Optimism, Avalanche, and Fantom chains.

What is MUX Network?
Mux is a Leverage Trading Protocol that offers zero price impact trading up to 100x leverage. On-chain trading with no counterparty risk for traders. Traders trade against MUX native (MUXLP pool) on leverage trading.

Mux is also a leverage Trading aggregator. You can also stake MCB tokens to receive veMUX, which can be used to earn protocol income and MUX tokens. MUX network protocol is backed by major venture capitals like Binance Labs and Delphi Digital to name a few major backers. So it is trusted by the big boys on crypto.

Universal Liquidity:
The MUX liquidity pool unifies assets from all deployed chains, supported by multiplexing layer infrastructures.

Liquidity Multiplexing
Pooled liquidity will be dynamically shared between MUX margin trading and third-party DEX mining across chains to achieve high utilization.

Liquidity Aggregation
MUX aggregates scattered liquidity from different protocols, further offering a consistent and convenient trading experience.

Multi-Asset Pool
MUX liquidity pool holds a portfolio of blue-chip assets and uses dynamic open interest caps to eliminate traders' counterparty risks.

Liquidation Risk with MUXLP Pool
Mux protocol will take 0.1% as liquidation fees. The remaining margin after liquidation will return to traders. Your liquidation price depends on your leverage and the entry price of the token you leverage.

Fees on MUX Protocol
Trading fees on MUX will be for positions opened against the MUXLP pool, open and close position fees will be 0.08%.

For positions opened against the GLP pool, the leverage boost fee will be discounted from 0%.
The MUX protocol charges position fees when traders open and close positions. The position fee is fixed at 0.08% and calculated as follows:
Open Fee: 0.08% × Asset Price × Position Size
Close Fee: 0.08% × Asset Price × Position Size

The MUX protocol charges position fees when traders open and close positions. The position fee is fixed at 0.08% and calculated as follows:
Open Fee: 0.08% × Asset Price × Position Size
Close Fee: 0.08% × Asset Price × Position Size

Spread
MUX offers 0% spread for ETH and BTC. ARB is 0.03% , BNB and FTM is 0.12%,and AVAX is 0.15%

Funding Payments
After traders borrow pooled assets for a position, MUX protocol charges funding payments for borrowing fees for long and short positions which are collected every 8-hours at 8% APR base rate and 40% APR for limitRate for ETH, BTC, ARB, BNB, AVAX, FTM for both short and long positions.

Tokenonmics on MUX
MCB is the main protocol's token. Users can lock MCB to receive veMUX which entitles them to protocol income and MUX rewards. MCB token supply is capped to 4.8 Million. You can buy MCB tokens from 1inch (Arbitrum chain) or Pancakeswap (BNB Chain).

Bridge
Recommended bridges are cBridge and Multichain or Arbitrium official bridge for Ethereum to Arbitrium Bridge.

Staking on MUX Protocol
You can earn protocol income (paid in ETH) and MUX rewards from veMUX locked-staking and MUXLP staking. All staking will take place on Arbitrum. You can claim your rewards from veMUX, MUXLP, and vested MUX all at once by clicking Clim All Rewards.

MUX tokens can be utilized in two different options: stake MUX to obtain veMUX, or vest MUX into MCB.

Vest MUX to MCB tokens linearly over one year. Two channels for vesting:
1) Quota channel. Quota increase as veMUX generated new MUX and decreases as MUX converted into MCB.
2) Capacity channel: Vest MUX allowed by capacity which is determined by users' reservedd MUXLP tokens. The capacity will not change as long as users' reserved MUXLP tokens remain staked.

Trading Ideas on MUX network
Go to Leaderboards and follow Traders leaderboards. Look for 24 hours and 7 days. Also, look for their leverage on each trading pair. Only look for active Positions by clicking on the positions tab. Look for leverage in each position. Copy the Ethereum address and paste it into debank.com and see all other crypto investments these whales do.

Liquidity Provider on MUX Network
Provide liquidity by buying MUXLP, the protocol’s liquidity provider token. Liquidity providers can stake MUXLP to earn protocol income. You can buy MUX tokens from any of the tokens such as ETH, BTC, USDC.e, USDT, DAI, FTM, and ARB. Liquidity composition show is the MUXLP pool consists of an assets portfolio; the assets are dynamically allocated for margin trading. This is for information only.

How to Open a Leverage Trade on Mux Protocol
I will show you how to become a Leverage Trader on MUX protocol. First visit app.mux.network. Connect your Web2 wallet. You can directly connect Metamask, WalletConnect, Coinbase Wallet, Coin98, OKX wallet, Crypto.com Wallet, Math Wallet, or BitKeep wallet. I am have Metamask installed. So, I am using it. I click Connect Wallet and select Metamask. MUX supports Arbitrum, Optimism, Avalanche, and Fantom chains. So you can Leverage Trade on any of those chains. I chose Arbitrum because I had a fraction of ETH there I can trade for this demo. Click on Use. This is the collateral token you going to provide. You can provide USDC.e, USDT, DAI, ETH, BTC, ARB, BNB, AVAX, FTM, LINK, UNI as collateral. You can do Market orders, Limit orders, or Stop Market orders. I chose for this example Market order. You can use the Indicators on the screen to see a better place to enter and exit. I would use an indicator like MACD. I chose ETH as the trading currency and I went long. I entered 0.03 ETH as collateral. Entered position as ETH at $1907.4 with 38X as leverage. Make sure to not go leverage past 50x because you have very little margin before liquidation. I chose the leverage based on liquidation price based on the graph to reduce liquidation risk. The fee is 0.08% of the total collateral which was $1.77. I went long on Ethereum.

How to close a Leverage Trade on MUX Protocol
As you open up a Leverage Trade, you can see on the open orders tab the Realized Profit and Loss (as PNL &ROE) I had a profit of $17. I decided for this demo to close this position. So I clicked close and paid Arbitrium gas to close it. Similar to Opening leverage I had to pay 0.08% of the collateral amount as fees. In my case, it was $1.73. After the open order is closed I was able to make $17 as a profit.

Risk and rewards
There is a lot of risk involved in leverage trading. You do not want to leverage past 50x unless you are very sure you not going to liquidate because your liquidation limit is not too far from the current market price. Know what you are doing before putting in lots of hard-earned life savings. I am only going to risk some play money with leverage. I am not going to APE in lots of money that I cannot afford to lose. You can always use a Stop Loss to prevent losses. I would highly recommend setting up Stop Loss to prevent liquidation because it is very costly. There is also a smart contract exploit on the MUX protocol that loses all funds and makes the protocol insolvent. However, the rewards are if you timed correctly with proper leverage as you saw earlier whales are making lots of money with leverage.

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https://app.mux.network/#/ref/soundcrypto