MUX Protocol

Halal Rating :
Questionable
Last Price $7.32 Last updated:
Rank 767
1D Change -11.62 %
Market Cap $27.98m
Circulating supply 3,821,523
Maximum supply 4,803,143

Crypto Overview

Categories
  • Decentralized Exchange (DEX) Token
  • DeFi
  • Derivatives
  • Arbitrum Ecosystem
  • MVB
  • OKEx Blockdream Ventures Portfolio

MUX is a decentralized leveraged trading protocol allowing zero price impact trading, up to 100x leverage, no counterparty risks for traders and an optimized on-chain trading experience. In addition, MUX is the first multi-chain native protocol unifying pooled liquidity across deployed chains to maximize capital efficiency.

Crypto Impact

To assign a comfort level investing in MUX Protocol from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to MUX Protocol.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating