{
  "schemaVersion": 1,
  "id": "myx-vs-aster",
  "version": "1.0.0",
  "name": "MYX V2 vs Aster",
  "reviewedAt": "2026-10-14",
  "reviewIntervalDays": 14,
  "reviewer": "Decentralised News editorial research",
  "evidenceType": "documentation_comparison",
  "liveTested": false,
  "summary": "Compare MYX V2 profit portability with Aster margin and transfer constraints. Fee labels, realised profits and promotional credits need separate checks.",
  "scope": "2 pinned documentation briefs compared by decision condition. Not a live execution test, security audit, exhaustive product inventory or individual eligibility assessment.",
  "comparisonContext": "This comparison uses MYX V2, not earlier MYX mechanics, and Aster perpetual documentation. A MYX profit lock and an Aster margin-based transfer limit are different restrictions; neither is used to infer that the other platform has no additional restrictions.",
  "comparisonParticipants": [
    "myx",
    "aster"
  ],
  "sources": [],
  "networks": [
    {
      "id": "perpetuals",
      "name": "Perpetual trading across distinct product scopes",
      "collaterals": [],
      "collateralNote": "Market, account and route dependent. No universal collateral equivalence or shared deployment is asserted."
    }
  ],
  "illustration": null,
  "rows": [
    {
      "id": "margin",
      "label": "Margin settings",
      "meaning": "Check the actual funds exposed by the chosen setting. Auto/Manual Margin and cross/isolated margin are not equivalent labels.",
      "myx": "The V2 opening guide lists USDC and USDT as margin. Its Auto Margin setting uses available margin, wallet balance and realized PnL; Manual Margin lets the user specify capital.",
      "myxSources": [
        "open"
      ],
      "aster": "The margin guide describes cross margin as shared across positions and isolated margin as allocated to one position. It says mode changes are restricted once positions or open orders exist.",
      "asterSources": [
        "margin"
      ]
    },
    {
      "id": "fees",
      "label": "Fee classification",
      "meaning": "MYX maker/taker classification depends on imbalance. Do not apply an orderbook interpretation or compare headline rates without the actual market and execution conditions.",
      "myx": "V2 defines maker and taker by whether a trade reduces or increases directional imbalance. Trading fees apply to notional and also depend on market rating and VIP tier.",
      "myxSources": [
        "fees"
      ],
      "aster": "The perpetuals overview advertises separate maker and taker rates. It does not establish the total cost of a particular order and holding period.",
      "asterSources": [
        "product"
      ]
    },
    {
      "id": "execution",
      "label": "Execution limitations",
      "meaning": "A curve-based quote and a TWAP instruction are different mechanisms. Neither establishes guaranteed execution at a target price or size.",
      "myx": "The V2 execution guide uses a liquidity-rating-dependent capacity and curve for one-sided exposure, with time and price windows.",
      "myxSources": [
        "execution"
      ],
      "aster": "The TWAP guide describes execution as best effort and subject to liquidity, volatility and possible slippage.",
      "asterSources": [
        "orders"
      ]
    },
    {
      "id": "holding",
      "label": "Holding and borrowing costs",
      "meaning": "Include the holding period and any asset shortfall. Funding accrual and account borrowing are distinct charges, not interchangeable rates.",
      "myx": "The funding guide describes time-based accrual with tracker updates and settlement on position-changing interactions. Funding is separate from trading fees.",
      "myxSources": [
        "funding"
      ],
      "aster": "Multi-Asset Mode operates only with cross margin. The guide describes automatic asset conversion and hourly interest on negative balances beyond the stated exemption threshold.",
      "asterSources": [
        "multi"
      ]
    },
    {
      "id": "withdrawal",
      "label": "When funds can move",
      "meaning": "Realised profit is not automatically withdrawable cash. Check MYX market lock settings and Aster account transfer capacity separately.",
      "myx": "Some markets apply Profit Lock. New profit in the same market refreshes the timer; locked profit can support that market but cannot be withdrawn or used as collateral elsewhere.",
      "myxSources": [
        "lock"
      ],
      "aster": "The transfer guide calculates limits using margin requirements, open orders and unrealized PnL. The formula changes with cross or isolated mode.",
      "asterSources": [
        "transfer"
      ]
    },
    {
      "id": "restrictions",
      "label": "Additional conditions",
      "meaning": "A lock appeal can affect profit release; fee credits have limited uses. Neither a normal timer nor a promotional balance is a payout guarantee.",
      "myx": "The guide allows LP manipulation appeals during the lock. An appeal extends the lock through resolution and can result in release or clawback.",
      "myxSources": [
        "lock"
      ],
      "aster": "The AFEE guide says AFEE offsets trading fees but cannot open positions as margin or cover funding, liquidation fees and other costs.",
      "asterSources": [
        "credits"
      ]
    },
    {
      "id": "evidence",
      "label": "What remains unmeasured",
      "meaning": "Live withdrawal timing, execution quality, permissions and individual eligibility remain unverified. No cheapest or safest platform is identified.",
      "myx": "This pinned snapshot provides no independent measurements of execution, withdrawal reliability or individual eligibility.",
      "myxSources": [],
      "aster": "This pinned snapshot provides no independent measurements of execution, withdrawal reliability or individual eligibility.",
      "asterSources": []
    }
  ],
  "unknowns": [
    "Matched executable quotes including entry, holding and exit costs",
    "Independent fill, stop-loss and withdrawal reliability",
    "Current permissions, recovery and revocation behaviour",
    "Individual eligibility and current regional restrictions"
  ],
  "history": [
    {
      "date": "2026-10-14",
      "type": "DN publication",
      "detail": "Initial comparison of pinned documentation snapshots. Evidence coverage differs; unsupported conditions remain unknown."
    }
  ],
  "reviewTriggers": [
    "Changed official product, fee, margin or withdrawal documentation",
    "A substantiated correction",
    "The earliest underlying editorial review deadline"
  ],
  "disclosure": "DN may receive compensation through commercial links elsewhere on the site. This comparison has no trading CTA or payout-based ranking. Documentation does not establish current operational status, safety or user eligibility.",
  "evidenceSnapshots": {
    "myx": {
      "schemaVersion": 1,
      "id": "myx",
      "version": "1.0.0",
      "name": "MYX V2",
      "reviewedAt": "2026-10-14",
      "reviewIntervalDays": 14,
      "reviewer": "Decentralised News editorial research",
      "evidenceType": "provider_documentation",
      "liveTested": false,
      "summary": "MYX V2 ties execution and fees to market conditions. Its documentation also describes rolling profit locks that can restrict withdrawals and use of profits in other markets.",
      "scope": "Provider-documentation review of MYX V2 perpetual trading. Not a live execution test, exhaustive product inventory, security audit or individual eligibility assessment.",
      "decisionTitle": "Check when a profit can actually leave the market.",
      "decisionContext": "This brief uses MYX V2 documentation. Earlier MYX guides are not used to infer V2 fees, slippage or collateral rules. Market-specific settings remain essential.",
      "sources": [
        {
          "id": "open",
          "name": "MYX V2 opening a position",
          "url": "https://myxfinance.gitbook.io/myx.finance-v2/trader-guide/position-management/how-to-open-a-position",
          "reviewedAt": "2026-10-14"
        },
        {
          "id": "fees",
          "name": "MYX V2 trading fees",
          "url": "https://myxfinance.gitbook.io/myx.finance-v2/trader-guide/trading-rules/trading-costs/trading-fees",
          "reviewedAt": "2026-10-14"
        },
        {
          "id": "execution",
          "name": "MYX V2 slippage and execution price",
          "url": "https://myxfinance.gitbook.io/myx.finance-v2/trader-guide/trading-rules/trading-costs/slippage-and-execution-price",
          "reviewedAt": "2026-10-14"
        },
        {
          "id": "funding",
          "name": "MYX V2 funding",
          "url": "https://myxfinance.gitbook.io/myx.finance-v2/trader-guide/trading-rules/funding",
          "reviewedAt": "2026-10-14"
        },
        {
          "id": "lock",
          "name": "MYX V2 profit lock",
          "url": "https://myxfinance.gitbook.io/myx.finance-v2/trader-guide/trading-rules/profit-lock",
          "reviewedAt": "2026-10-14"
        }
      ],
      "networks": [
        {
          "id": "myx",
          "name": "MYX V2 perpetual trading (review scope)",
          "collaterals": [],
          "collateralNote": "The V2 opening guide lists USDC and USDT as trading margin. Verify the selected market, network and funding preview; this is not a universal deposit-network list."
        }
      ],
      "claims": [
        {
          "id": "collateral",
          "question": "Which assets and margin setting does the guide describe?",
          "label": "Provider-reported",
          "finding": "The V2 opening guide lists USDC and USDT as margin. Its Auto Margin setting uses available margin, wallet balance and realized PnL; Manual Margin lets the user specify capital.",
          "consequence": "Inspect the amount and permissions actually authorized. This documentation review has not tested wallet spending or revocation.",
          "sourceIds": [
            "open"
          ]
        },
        {
          "id": "fees",
          "question": "Does a limit order automatically receive maker pricing?",
          "label": "Provider-reported",
          "finding": "V2 defines maker and taker by whether a trade reduces or increases directional imbalance. Trading fees apply to notional and also depend on market rating and VIP tier.",
          "consequence": "Do not import an orderbook definition of maker. Check both opening and closing costs for the actual market and classification.",
          "sourceIds": [
            "fees"
          ]
        },
        {
          "id": "execution",
          "question": "Is V2 execution universally free of slippage?",
          "label": "Provider-reported",
          "finding": "The V2 execution guide uses a liquidity-rating-dependent capacity and curve for one-sided exposure, with time and price windows.",
          "consequence": "Older zero-slippage descriptions cannot establish a V2 execution guarantee. Review the current quote at the intended size.",
          "sourceIds": [
            "execution"
          ]
        },
        {
          "id": "funding",
          "question": "Does an unchanged onchain tracker mean no holding cost?",
          "label": "Provider-reported",
          "finding": "The funding guide describes time-based accrual with tracker updates and settlement on position-changing interactions. Funding is separate from trading fees.",
          "consequence": "Include elapsed holding time in a cost assessment. An absence of per-block writes does not establish zero accrued funding.",
          "sourceIds": [
            "funding"
          ]
        },
        {
          "id": "lock",
          "question": "When can profits be withdrawn or moved to another market?",
          "label": "Provider-reported",
          "finding": "Some markets apply Profit Lock. New profit in the same market refreshes the timer; locked profit can support that market but cannot be withdrawn or used as collateral elsewhere.",
          "consequence": "Check whether the selected market has a lock and its configured duration. Realized profit is not necessarily immediately portable cash.",
          "sourceIds": [
            "lock"
          ]
        },
        {
          "id": "appeal",
          "question": "Can a profit lock last beyond its ordinary timer?",
          "label": "Provider-reported",
          "finding": "The guide allows LP manipulation appeals during the lock. An appeal extends the lock through resolution and can result in release or clawback.",
          "consequence": "Do not plan withdrawals around the normal timer alone. DN has not independently tested dispute handling or payout timing.",
          "sourceIds": [
            "lock"
          ]
        }
      ],
      "illustration": null,
      "unknowns": [
        "Current executable quotes and all-in holding costs",
        "Independent fill, stop-loss and withdrawal reliability",
        "Live signing permissions and revocation behaviour",
        "Individual eligibility and current regional restrictions"
      ],
      "history": [
        {
          "date": "2026-10-14",
          "type": "DN publication",
          "detail": "Initial documentation brief. Account-specific conditions and evidence limits are preserved in this version."
        }
      ],
      "reviewTriggers": [
        "Changed official product, fee or margin documentation",
        "A substantiated correction",
        "The 14-day editorial review deadline"
      ],
      "disclosure": "DN may receive compensation through commercial links elsewhere on the site. This brief contains no trading CTA or payout-based ranking. A documentation review does not establish current operational status or user eligibility."
    },
    "aster": {
      "schemaVersion": 1,
      "id": "aster",
      "version": "1.0.0",
      "name": "Aster",
      "reviewedAt": "2026-10-14",
      "reviewIntervalDays": 14,
      "reviewer": "Decentralised News editorial research",
      "evidenceType": "provider_documentation",
      "liveTested": false,
      "summary": "Aster orderbook perpetuals distinguish cross, isolated and multi-asset margin. Shared collateral, negative balances and withdrawal constraints can matter more than a headline trading rate.",
      "scope": "Provider-documentation review of Aster perpetual trading. Not a live execution test, exhaustive product inventory, security audit or individual eligibility assessment.",
      "decisionTitle": "Identify the product and the collateral at risk.",
      "decisionContext": "This brief covers orderbook perpetuals. Separate 1001x-mode rules and Grid strategies are outside its scope; conditions should not be carried across products.",
      "sources": [
        {
          "id": "product",
          "name": "Aster orderbook perpetuals",
          "url": "https://docs.asterdex.com/trading/perpetuals",
          "reviewedAt": "2026-10-14"
        },
        {
          "id": "margin",
          "name": "Aster margin modes",
          "url": "https://docs.asterdex.com/trading/perpetuals/margin",
          "reviewedAt": "2026-10-14"
        },
        {
          "id": "multi",
          "name": "Aster single-asset and multi-asset modes",
          "url": "https://docs.asterdex.com/trading/perpetuals/single-asset-mode-and-multi-asset-mode",
          "reviewedAt": "2026-10-14"
        },
        {
          "id": "transfer",
          "name": "Aster maximum transfers",
          "url": "https://docs.asterdex.com/trading/perpetuals/margin/calculating-maximum-transfers-in-cross-and-isolated-margin",
          "reviewedAt": "2026-10-14"
        },
        {
          "id": "credits",
          "name": "Aster AFEE and BonusUSD",
          "url": "https://docs.asterdex.com/trading/perpetuals/afee-and-bonususd",
          "reviewedAt": "2026-10-14"
        },
        {
          "id": "orders",
          "name": "Aster TWAP orders",
          "url": "https://docs.asterdex.com/trading/perpetuals/order-types/twap",
          "reviewedAt": "2026-10-14"
        }
      ],
      "networks": [
        {
          "id": "aster",
          "name": "Aster perpetual trading (review scope)",
          "collaterals": [],
          "collateralNote": "Multiple collateral assets are described for Multi-Asset Mode, which uses cross margin only. Confirm supported assets, haircuts and settlement currency for the selected market."
        }
      ],
      "claims": [
        {
          "id": "fees",
          "question": "Is the overview rate an all-in price?",
          "label": "Provider-reported",
          "finding": "The perpetuals overview advertises separate maker and taker rates. It does not establish the total cost of a particular order and holding period.",
          "consequence": "Check the current account schedule, funding, execution price and any collateral-related charges before comparing venues.",
          "sourceIds": [
            "product"
          ]
        },
        {
          "id": "margin",
          "question": "What changes between cross and isolated margin?",
          "label": "Provider-reported",
          "finding": "The margin guide describes cross margin as shared across positions and isolated margin as allocated to one position. It says mode changes are restricted once positions or open orders exist.",
          "consequence": "Choose and verify the mode before submitting an order; a shared balance exposes more than the margin displayed for one position.",
          "sourceIds": [
            "margin"
          ]
        },
        {
          "id": "multi",
          "question": "Can multi-asset margin create additional costs?",
          "label": "Provider-reported",
          "finding": "Multi-Asset Mode operates only with cross margin. The guide describes automatic asset conversion and hourly interest on negative balances beyond the stated exemption threshold.",
          "consequence": "Inspect current thresholds, rates and conversion haircuts. Holding another collateral asset does not necessarily eliminate settlement-asset debt.",
          "sourceIds": [
            "multi"
          ]
        },
        {
          "id": "withdrawal",
          "question": "Does the wallet balance equal the transferable amount?",
          "label": "Provider-reported",
          "finding": "The transfer guide calculates limits using margin requirements, open orders and unrealized PnL. The formula changes with cross or isolated mode.",
          "consequence": "A balance display is not a promise that the entire amount can be transferred immediately. DN has not tested withdrawals.",
          "sourceIds": [
            "transfer"
          ]
        },
        {
          "id": "credits",
          "question": "Can promotional fee credits replace collateral?",
          "label": "Provider-reported",
          "finding": "The AFEE guide says AFEE offsets trading fees but cannot open positions as margin or cover funding, liquidation fees and other costs.",
          "consequence": "Separate fee credits from usable collateral and cash. A reduced trading-fee bill can leave other charges unchanged.",
          "sourceIds": [
            "credits"
          ]
        },
        {
          "id": "execution",
          "question": "Does a TWAP strategy guarantee fills?",
          "label": "Provider-reported",
          "finding": "The TWAP guide describes execution as best effort and subject to liquidity, volatility and possible slippage.",
          "consequence": "Treat scheduling as an order-management feature, not a promise of price or completion. No independent fill comparison is included here.",
          "sourceIds": [
            "orders"
          ]
        }
      ],
      "illustration": null,
      "unknowns": [
        "Current executable quotes and all-in holding costs",
        "Independent fill, stop-loss and withdrawal reliability",
        "Live signing permissions and revocation behaviour",
        "Individual eligibility and current regional restrictions"
      ],
      "history": [
        {
          "date": "2026-10-14",
          "type": "DN publication",
          "detail": "Initial documentation brief. Account-specific conditions and evidence limits are preserved in this version."
        }
      ],
      "reviewTriggers": [
        "Changed official product, fee or margin documentation",
        "A substantiated correction",
        "The 14-day editorial review deadline"
      ],
      "disclosure": "DN may receive compensation through commercial links elsewhere on the site. This brief contains no trading CTA or payout-based ranking. A documentation review does not establish current operational status or user eligibility."
    }
  }
}
