DemX DEMX

Price: $0.000000000000 0.0%
Market Cap: $ (#27722)
Supply: / 1.00B
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Description: DemX coin is the L1 native shariah-compliant utility token of the DemX protocol, utilizing PoA consensus. It features an ETF-like structure, backed by various precious metals, allowing investors to diversify their portfolios efficiently. DemX ensures a fundamental price guarantee.

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DemX coin is the L1 native shariah-compliant utility token of the DemX protocol, utilizing PoA consensus. It features an ETF-like structure, backed by various precious metals, allowing investors to diversify their portfolios efficiently. DemX ensures a fundamental price guarantee.

Functionality

The token's fundamental price is determined by the weighted average of the precious metals it is backed by. This ensures that the effective market price, influenced by supply and demand, cannot drop below the fundamental price, thereby preventing excessive depreciation even in bear market conditions.

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2. Price

2.1. Market Performance

How does DemX's (DEMX) performance compare to the median performance for assets of a similar market capitalization?

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Has DemX been audited for security?

No security audits found for this project.

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