This guide provides a technical overview for developers looking to integrate the MUX Protocol Aggregator to achieve superior trading execution. We'll focus on the architecture of the MUX MUXLP Pool and how it enables MUX Zero Slippage Trading.
Step 1: Understanding the Hybrid Architecture
MUX Protocol is not a single DEX. It is a decentralized leveraged trading aggregator. It routes orders to the most optimal path, combining its native pooled liquidity with other third-party DEXs. The core of its native liquidity is the MUXLP.
Step 2: The MUXLP Liquidity Engine
The MUX MUXLP Pool is a multi-asset liquidity pool (containing assets like ETH, BTC, USDC). Here's how it works:
For Traders: When a user opens a leveraged position, they are trading against the MUXLP pool as the counterparty. This single, deep source of liquidity is what enables zero-slippage execution.
For LPs: Users can provide liquidity to the pool by minting MUXLP tokens. They earn fees from leveraged trading, market-making, and interest income from lending.
Position Cost: The protocol uses a unified MUX Position Cost Basis, which includes borrowing fees and execution costs, providing a transparent fee structure.
Step 3: Interacting with the Aggregator
As a developer, you don't need to worry about the complex routing. You can interact with the main MUX Protocol router contract. When you request a trade, the aggregator automatically calculates whether to use its native MUXLP pool or route the trade through another integrated protocol (like GMX or Gains) for the best price and lowest cost.
Step 4: Staking and Governance
The Stake MUX Guide details how to participate in the protocol's revenue share. By staking MUX tokens, users earn a portion of the protocol's revenue. The governance aspect is managed via the MUXG Tokenomics, where MUX can be vested for MUXG to gain governance rights and boosted rewards. The protocol's security, a key part of answering "Is MUX Protocol Safe?", is supported by regular audits.
For all contract addresses and API details, refer to the Full Official Documentation.
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