Liquidity providers deposit funds into Mycelium and receive trading fees from traders (supply-side fees).

Mycelium is a non-custodial exchange for spot and perpetual contracts built on Arbitrum. Mycelium was founded by Ash Morgan, Pat McNab, Ray Mogg & Jack Deeb, and launched in 2021. Mycelium DAO has ceased operations, and a governance proposal has passed allowing token holders to burn MYC to redeem Mycelium treasury assets.

MYC tokenholders own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue).

MyceliumMYC

All metrics