I couldn't understand your question exactly but QMUX has nothing to do with load-balancing or with fail-over. QMUX get bind with only one Channel Adaptor
Let me tell you what QMUX does so we can clear the understanding of when QMUX would be usefull. For example you have a channel connected to a server and server supports concurrent requests(i.e. second request on the same tcp link while client is waiting for response of the first request). Now here comes a problem to relate requests-response pairs (because its quite possible that second response arrives even before the response of first request) this is what exactly QMUX does. mux part actually stands for multiplexer.
For laod-balancing or fail-over you can use org.jpos.q2.iso.MUXPool
class following is a sample q2 xml descriptor
<?xml version="1.0" encoding="UTF-8"?>
<muxpool name="MuxPool" class="org.jpos.q2.iso.MUXPool" logger="Q2">
<muxes>MuxPrimary MuxSecondary</muxes>
<strategy>PRIMARY_SECONDARY</strategy>
</muxpool>
MuxPool provides two strategies primary-secondary or round-robin depends whether you are looking for fail-over or load-balancing.
If you think that I understood your question correctly and I am pointing you toward right direction let me know I may be able to share you one sample application using QMux and Muxpool on coming weekend.