CoinEx CET

1. Summary

Ranks

Liquidity

87

Developer

-

Social

99

Momentum (beta)

95

Stack Rank™

-

Price

$0.07 +2.2%

Market Cap

$189.29M (#252)

Supply

2.88B / 201.10M

Tags

Exchange-based Tokens Decentralized Exchange Token (DEX) Cosmos Ecosystem Ethereum Ecosystem Decentralized Exchange (DEX)

More Metrics

Price
52W High price	$0.05
52W High date	27th May 2024 (1 month ago)
All Time High (ATH) Date	3rd Jul 2018 (6 years ago)
ATH Price	$0.15
% From ATH	-67.46%
All Time Low (ATL) Date	15th Dec 2018 (5 years ago)
ATL Price	$0.004106960000
% From ATL	1090.89%

Supply & Trading Volume
Trading Volume (24h)	$93,147.00
Total Supply	201.10M
Max Supply	10.00B
Circulating Supply	2.88B

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Description

CoinEx Token (CET) is the native token of CoinEx Chain, a public chain dedicated to decentralized exchanges (DEX). Issued in January 2018, CET operates on the Ethereum ERC20 standard and was later migrated to the CoinEx Smart Chain mainnet in 2021. The total supply of CET is fixed at 10 billion. CET functions within the CoinEx ecosystem, offering u...

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CoinEx Token (CET) is the native token of CoinEx Chain, a public chain dedicated to decentralized exchanges (DEX). Issued in January 2018, CET operates on the Ethereum ERC20 standard and was later migrated to the CoinEx Smart Chain mainnet in 2021. The total supply of CET is fixed at 10 billion. CET functions within the CoinEx ecosystem, offering users various utility services, including discounts on transaction fees, VIP privileges, and exclusive activity rights.

Token Utility

• Discount on transaction fees: Users can deduct transaction fees using CET and enjoy exclusive rate discounts.
• VIP services: Holding a certain amount of CET allows users to become VIP customers, obtaining privileges like rate discounts, accelerated withdrawals, and exclusive activities.
• Exclusive activity rights: CET holders can participate in token airdrops, voting for token listing, and high-quality project investment opportunities.
• CoinEx Smart Chain: CET is used as the built-in circulation token and gas on the CoinEx Smart Chain, which supports smart contracts.

Token Distribution

The initial supply of CET is 10 billion, distributed through airdrops, transaction fee returns, operational promotions, and team unlocks. The distribution includes 1.8 billion CET allocated to the CoinEx team for team building and marketing, released linearly over five years. In March 2021, the remaining 1.08 billion un-unlocked CET was burned, marking the start of full circulation.

CoinEx Ecosystem

• Repurchase and destruction mechanism: CoinEx uses 20% of daily platform fees to repurchase CET, which is then burned at the end of each month, ensuring transparency and reflecting the CoinEx ecosystem's continuous growth.
• CSC public chain applications: The CoinEx Smart Chain facilitates fast transfer speeds and low gas fees, making it compatible with EVM. Additionally, DAPP developers can easily deploy codes on CSC, further enhancing the ecosystem.

By circulating and utilizing CET in multiple scenarios, CoinEx aims to continuously prosper and benefit from the value flow of CET.

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