MYX V1 Sunset starts July 15. Claim your V1 rewards and withdraw funds before the July 22 deadline to avoid permanent asset loss.
Author: Akshay
Steady attention without excessive speculation.
MYX Finance will take MYX V1 offline on July 15, 2026. After that, stakers get only seven days to claim their rewards. The MYX V1 sunset sets a hard deadline of July 22, and the team warns that anything left behind cannot be recovered.
High Signal Summary For A Quick Glance
BSCN
@BSCN74391
@MYX_Finance completely forgot about my v1 staking lol thanks for this.
šØ Important Announcement: MYX V1 Sunset & 7-Day Grace Period šØ To fully focus our resources on scaling V2, MYX V1 will be officially taken offline on July 15. What Stays Open: The Staking and Reward Claim windows will remain active for ONLY 7 days after V1 goes offline (closing
09:00 AMĀ·Jul 9, 2026
Anaheim Ducks
@Anahe_384
@MYX_Finance check your old wallets guys, don't miss the july 22 deadline.
šØ Important Announcement: MYX V1 Sunset & 7-Day Grace Period šØ To fully focus our resources on scaling V2, MYX V1 will be officially taken offline on July 15. What Stays Open: The Staking and Reward Claim windows will remain active for ONLY 7 days after V1 goes offline (closing
08:59 AMĀ·Jul 9, 2026
BigDump
@BigDump67793
@MYX_Finance locked and loaded for v2. thanks for the heads up on v1 sunsetting.
šØ Important Announcement: MYX V1 Sunset & 7-Day Grace Period šØ To fully focus our resources on scaling V2, MYX V1 will be officially taken offline on July 15. What Stays Open: The Staking and Reward Claim windows will remain active for ONLY 7 days after V1 goes offline (closing
08:57 AMĀ·Jul 9, 2026
The announcement went out on July 9 through the projectās official X account, @MYX_Finance. First, V1 trading stops. Then the staking and reward-claim portals stay open for exactly one week before closing for good.
The trading side goes dark first. MYX will take its V1 perpetuals offline on July 15. The goal is to free up resources for scaling V2.
After that, one part of V1 keeps working. The staking dashboard and the reward-claim windows stay live for seven more days. Both then close permanently on July 22.
So the shutdown happens in two steps, not one. Because of that split, stakers still have a short runway. Still, the runway is fixed, and it does not extend.
The team did not give an exact hour or timezone. The cutoffs reportedly align with dashboard and server time. That is commonly UTC, so users should not wait until the final hours.
There is no automatic migration. According to the announcement, rewards are āstill left in V1.ā Users must visit the V1 dashboard to claim rewards and withdraw funds within the window.
In other words, nothing moves on its own. MYX did not describe any path that re-stakes V1 positions into V2. So each user has to sign the claim and withdrawal transactions.
Stakers do not need to unstake before July 15. Still, they must finish every claim and withdrawal before July 22. That is when access ends.
The teamās warning is blunt. It says that after July 22, āthe portals will close completely, and the team WILL NOT be able to assist in recovering any trapped or lost assets.ā
The MYX V1 sunset is tied to the launch of V2. That version went live on June 12, 2026. MYX describes V2 as a permissionless perpetual DEX for any on-chain asset.
Both versions share the same core engine. MYX Finance runs on a Matching Pool Mechanism that targets zero-slippage trading. It operates across BSC, Linea, Arbitrum, and opBNB.
V1 used more traditional, asset-specific perpetual markets. V2 opens that model up. So the team says winding down V1 lets it focus fully on the newer system.
The project is venture-backed, which adds context to the pivot. Consensys led a strategic round in February 2026. Before that, Sequoia China, also known as HongShan, led a 2023 seed round near $5 million, with Hack VC joining in.
Timeline: MYX Financeās transition from V1 to V2, including the key deadlines V1 users must follow before staking and reward claims permanently expire.
The original MYX Finance V1 perpetual DEX enters production, offering structured perpetual markets alongside staking and reward programs that operate throughout its mainnet lifecycle.
MYX completes its token generation event and Binance Wallet IDO, expanding ecosystem participation ahead of the protocolās next development phase.
MYX announces a strategic funding round led by Consensys, providing additional backing for the development and rollout of the next-generation V2 platform.
The permissionless V2 perpetual DEX goes live with broader asset support, marking the projectās transition toward its new trading infrastructure while V1 begins its sunset phase.
MYX officially announces that V1 will be retired. Users are urged to immediately log into the V1 dashboard, review all staking positions, and check for any unclaimed rewards before upcoming deadlines.
Trading and core V1 functionality officially end. Users can no longer open or close positions on the legacy platform, leaving only the withdrawal and reward-claim period remaining.
Users must manually claim all outstanding rewards and withdraw every staked asset before this deadline. After the claim window closes, any remaining assets or rewards become permanently inaccessible, and the MYX team has stated that no recovery assistance will be provided.
The stakes are small in dollar terms, yet real for those affected. According to DefiLlama, MYX Finance holds about $140,750 in total value locked. Its staking TVL sits near $7,686.
The MYX token trades on BNB Chain. Its contract is 0xD82544bf0dfe8385eF8FA34D67e6e4940CC63e16. Around the announcement, it traded near $0.065 to $0.072, per CoinGecko and CoinMarketCap.
So far, the price shows no clear reaction to the sunset news. The token was already volatile through June. Also, the official post drew low engagement, with roughly 5,000 views.
One detail matters for anyone verifying the process. The specific V1 staking and claim contract addresses are not public. So the team directs users to the official dashboard, not a raw contract.
The response has been muted so far. The official post drew only a handful of likes and about 5,000 views. That is low for a hard-deadline notice.
Replies leaned neutral to positive. Several users thanked the team for the heads-up. A few admitted they had forgotten about their V1 staking entirely.
No visible panic or backlash has surfaced yet. No one has publicly challenged the seven-day window. For now, stakers seem to be taking the claim-now advice at face value.
That calm could still shift as the deadline nears. News of the sunset is only hours old, and many affected users may not have seen it yet.
The safe move is simple. Users should open the V1 dashboard before July 22. Then they should claim any pending rewards and withdraw funds early.
If anything looks wrong, the team points users to its Discord for support. That help only exists during the window. After the portals close, the team says it cannot recover assets.
This is a hard deadline. It also appears to be a unilateral team decision, as no governance vote was found. As a result, stakers who delay carry the full risk. This article is not financial advice.
The MYX V1 sunset now starts a one-week countdown for every remaining user. Anyone still holding rewards or funds in the old system should treat July 22 as the last chance to get them out.
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