The June 5, 2025, BNB Chain Chinese community AMA event brought together two groundbreaking projects from the blockchain and AI finance space: MYX.finance and Lorenzo AI. Hosted under the theme "Meet the Winners of BNB Chain’s $100M Incentive Program", this session offered deep insights into how AI and decentralized infrastructure are reshaping DeFi, derivatives trading, and institutional-grade asset management.
With a focus on real-world utility, technical innovation, and ecosystem synergy, both teams shared their visions, achievements, and future roadmaps—highlighting why they were selected for one of the most competitive Web3 incentive programs to date.
Introducing the Innovators Behind the Projects
MYX.finance: Redefining Decentralized Perpetual Trading
Ryan, representing MYX.finance, introduced the project as a "Uniswap for perpetual markets" — a permissionless, cross-chain perpetual contract platform built on the concept of chain abstraction. The core mission? To allow anyone, anywhere, to launch and trade perpetual contracts on any asset across any blockchain with minimal friction.
MYX addresses key 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:
- MPM (Matching Pool Mechanism): Simulates order book depth for near-zero slippage trades.
- Cross-chain margin: Users can deposit any asset from any chain as collateral.
- Signature-based execution & low gas design: Delivers a seamless, CeFi-like trading experience.
👉 Discover how next-gen perpetual trading is redefining DeFi accessibility.
This blend of performance and decentralization positions MYX at the forefront of sustainable DEX evolution.
Lorenzo AI: Building the Web3 On-Chain Investment Bank
Nihant, Head of Community at Lorenzo AI, described Lorenzo as an institutional-grade on-chain asset management platform that bridges CeFi strategies with DeFi composability. At its heart lies the Financial Abstraction Layer (FAL) — a middleware enabling complex financial products to be tokenized and deployed across ecosystems.
Lorenzo’s flagship product, the On-Chain Trading Fund (OTF), functions like a blockchain-native ETF. It packages sophisticated strategies — including quant trading, RWA yield, and staking — into tradable tokens that can be easily integrated by wallets, neobanks, or PayFi platforms.
By acting as a modular “investment bank for Web3,” Lorenzo empowers developers and institutions to offer standardized yield solutions without rebuilding infrastructure from scratch.
Why BNB Chain? Strategic Alignment Meets Technical Excellence
For MYX: A High-Performance Foundation for Alpha Generation
Ryan emphasized that BNB Chain was chosen not just for its scalability but for its strategic role in nurturing early-stage innovation. As the launchpad for Binance Alpha, BNB Chain offers a unique ecosystem where new tokens gain immediate visibility and liquidity.
Key technical advantages include:
- Ultra-low transaction fees (<1 bps)
- High throughput (TPS) for smooth trade execution
- Strong support from BNB Foundation and Binance ecosystem partnerships
These factors enable MYX to create a closed-loop growth model:
Alpha spot listings → MYX perpetual markets → enhanced trader engagement → increased volume and liquidity
The result? Over $300 million in daily perpetual trading volume** during testnet phase and more than **$25,000 in foundation investments, validating MYX’s value proposition.
For Lorenzo: Infrastructure Built for Institutional Scale
Nihant highlighted BNB Chain’s optimal conditions for high-frequency operations essential to yield generation and vault management. For Lorenzo’s FAL and OTF systems, low latency and cost-efficiency are non-negotiable.
Beyond performance, Lorenzo values BNB Chain’s strategic push toward modular financial infrastructure — aligning perfectly with Lorenzo’s vision of becoming the go-to layer for composable yield.
As a recipient of the $100M Incentive Program, Lorenzo gains not only validation but also critical resources to accelerate development and expand integrations.
👉 See how institutional-grade finance is going fully on-chain.
What Made These Projects Stand Out?
MYX.finance: Infrastructure That Scales with the Ecosystem
MYX credits its selection to three core strengths:
- Vision Alignment: Shared goal with BNB Chain to build an Alpha ecosystem accelerator, extending Alpha tokens from spot to derivatives markets.
- Proven Performance: Demonstrated real traction with consistent high-volume trading and strong LP participation.
- Innovative Tokenomics: A fee-sharing model that rewards stakers creates a self-sustaining growth loop.
Technological milestones like MPM depth optimization and integration with Chainlink oracles further solidified its position as a leader in perpetual DEX innovation.
Lorenzo AI: Solving Real Market Needs with Modular Design
Lorenzo stood out due to a powerful combination of market insight and execution:
- Addressing Demand: With rising capital inflows into Web3 and growing needs from neobanks and PayFi apps for stable yield products, Lorenzo fills a critical gap.
- Product Innovation: OTFs make advanced strategies accessible through simple token swaps — think “Lego blocks” for yield generation.
- Ecosystem Fit: Direct alignment with BNB Chain’s modular finance roadmap.
- Traction & Backing: Already integrated with 30+ DeFi protocols and 20+ blockchains, managing over $300 million in BTC assets, backed by top-tier investors like Binance Labs.
This blend of scalability, usability, and ecosystem synergy made Lorenzo a standout candidate.
Key Achievements & Unique Advantages
MYX: Bridging AMM Efficiency with Order Book Precision
While most DEXs choose between P2P pools or centralized order books, MYX pioneers a hybrid approach. The MPM mechanism combines:
- The precise pricing of order books
- The automated liquidity provisioning of AMMs
By focusing on net exposure rather than full collateralization, MYX dramatically improves capital efficiency — reducing gas costs and enabling deeper liquidity. This allows traders to enjoy near-CeFi execution quality while maintaining full control over their funds.
It’s this balance of performance and decentralization that enables MYX to deliver low-slippage, permissionless, and scalable perpetual markets.
Lorenzo: Democratizing Access to Institutional Strategies
Lorenzo’s OTF isn’t just another yield protocol — it’s a paradigm shift. By tokenizing complex strategies into simple, tradable assets:
- End users gain one-click access to diversified returns without needing expertise.
- Platforms (wallets, exchanges, fintech apps) can instantly embed yield features via API-like integration.
This “Yield-as-a-Service” model lowers entry barriers across the board, accelerating adoption of real-return DeFi products.
Roadmap: How the $100M Incentive Will Fuel Growth
MYX.finance: Three Waves of Innovation
With support from BNB Chain, MYX is launching transformative upgrades:
- Q3 2025: Launch permissionless perpetual market creation — enabling any community or project to deploy derivative markets instantly.
- Q4 2025: Introduce copy trading & broker-grade frontends, allowing top traders to monetize strategies and CEX-style interfaces to plug into DeFi.
- Q1 2026: Roll out cross-chain unified margin, letting users leverage assets from any chain as collateral across all positions.
Together, these innovations tackle three major hurdles: high listing barriers, inaccessible alpha strategies, and fragmented cross-chain leverage.
Lorenzo AI: Scaling a Tokenized Yield Ecosystem
Lorenzo’s roadmap focuses on expanding its real-yield infrastructure:
- Q2 2025: Launch core Lorenzo FAL system and debut its first flagship OTF product.
- Q3 2025: Broaden ecosystem integrations with partners like Plume and Infini; diversify product offerings.
- Q4 2025: Initiate the first $BANK token buyback program, reinforcing economic sustainability.
With BNB Chain’s backing, Lorenzo aims to become the foundational layer for programmable, composable yield across Web3.
Frequently Asked Questions (FAQ)
Q: What is chain abstraction, and how does MYX use it?
A: Chain abstraction removes the complexity of interacting across multiple blockchains. MYX uses it to let users trade perpetuals using any asset as margin — no bridging or wrapping required.
Q: How does Lorenzo ensure safety for its yield products?
A: Lorenzo implements rigorous risk assessment frameworks, multi-layer audits, and uses battle-tested strategies from trusted CeFi partners to minimize downside exposure.
Q: Can anyone create a perpetual market on MYX?
A: Yes — starting Q3 2025, MYX will enable fully permissionless market creation, similar to how Uniswap allows anyone to list a token pair.
Q: What makes OTF different from traditional DeFi yield farms?
A: Unlike volatile liquidity mining rewards, OTFs offer structured, transparent strategies — often with principal protection or fixed returns — making them suitable for conservative investors.
Q: Are Lorenzo’s products only for institutions?
A: No — while designed with institutional rigor, OTFs are accessible to retail users through partner wallets and apps.
Q: How does BNB Chain’s low fee structure benefit these projects?
A: Low fees enable frequent rebalancing, high-frequency trading, and cost-effective micro-transactions — essential for derivatives and yield platforms alike.
With strong technical foundations, clear product-market fit, and deep alignment with BNB Chain’s vision, both MYX and Lorenzo are poised to drive the next wave of innovation in decentralized finance. As the $100M Incentive Program fuels their expansion, expect broader adoption, deeper integrations, and new standards in on-chain financial accessibility.