Mutex's own token. Traders earn it with the fees they pay, and Mutex buys it back with its revenue and burns it, every day.
| Name | Mutex |
| Symbol | MUX |
| Chain | Solana |
| Program | Token-2022 |
| Decimals | 6 |
| Mint address | MUTE…6vyd ↗ |
| Mint authority | Revoked |
| Freeze authority | Never set |
| Opening price | $0.0100 |
| Points start | 11 Nov 2026 |
All 1,000,000,000 MUX are minted once, and the mint authority is revoked straight after, so nobody can ever create more.
There is no freeze authority: nobody can freeze MUX in your wallet.
The supply only goes down, through the daily burns.
| Supply | MUX |
|---|---|
| Minted | – |
| Burned so far | – |
| Supply now | – |
| Allocation | Share | MUX | Where it is now |
|---|---|---|---|
| Points collectors | 70% | 700,000,000 | – |
| Team | 30% | 300,000,000 | In the team wallet |
The team's 30% is used for:
It has no lockup and no vesting contract. Its wallet address is published here, so anyone can see every move it makes.
Rewards end once all 700M MUX for points collectors has been paid out. The daily buyback and burn carries on.
Every fee you pay on Mutex from 11 November 2026 earns points. Each product has its own points rate, and the live rates are on your Points page.
When a season ends, every point becomes 1 MUX and your points start again from zero. The next season opens the same moment.
There is nothing to claim. Your MUX is sent to your Mutex Solana account and shows up as a spot holding: hold it, sell it on the spot desk or withdraw it.
Affiliates also earn points on the points their referred traders earn, at half their affiliate tier rate.
A payout worth less than $1 at MUX's price when the season closes is not sent, and those points do not carry over to the next season.
MUX sent into your Mutex deposit address from outside is sold for USDC, like any other token deposit.
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Every day, 100% of Mutex's net revenue moves to the buyback wallet in USDC. Net revenue is only the fees Mutex receives from perps and spot, less the affiliate and integrator shares. The buyback only spends fees that have arrived and settled.
The buyback wallet buys MUX through Jupiter in 24 slices spread over the day. A slice that would move the price too far waits for the next one.
Everything the buyback buys is burned the same day with the token program's burn instruction. The on-chain supply drops, and every explorer shows it.
The buyback starts the day the first season pays out, with the revenue held since Season 1 began.
In the last 30 days the buyback spent – and burned – MUX. Since launch it has burned – MUX.
| Wallet | What it holds | Address | MUX |
|---|---|---|---|
| MUX mint | The token itself: supply, decimals and authorities. | – | – |
| Team | The team's 30%, less what seeds the launch pool. | – | – |
| Points reserve | The 700M for points collectors, until each season goes out. | – | – |
| Airdrop sender | Receives one season's MUX from the reserve and sends it to every user's Mutex account. | – | – |
| Buyback | Receives 100% of each day's net revenue in USDC, buys MUX and burns it. | – | – |
| Launch pool | The MUX/USDC pool on Meteora, seeded with team MUX. | – | – |
The team wallet can change the link to the token's logo and description. It can change nothing else about MUX.
Trading opened at $0.01, a $10M fully diluted value, in a one-sided MUX/USDC pool on Meteora seeded with team MUX from $0.01 up, with no upper price limit. Mutex adds no USDC: the pool fills as people buy.