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This creative brand is a blend of two strong keywords: "hive" and "UX" (as in User Experience). Highly brandable and usable.
Hivux has only five characters and three syllables. Examples of popular three syllable names include Microsoft, Sainsbury's and Armani.
This domain was first registered in August 2017. Older domains have an advantage when ranking in search engines.
Hivux.com is a dot-com domain. Dot com domains are the most desirable top-level-domain in the world, famously used by websites like google.com. When you own a dot-com, it is much easier to rank for your own name in search engines.