Mdex (HECO) MDX
1. Summary
- Price
-
$0.04 -0.1%
- Market Cap
- $34.70M (#1023)
- Supply
- 950.25M / 1.06B
- Description
-
Mdex (HECO)
Mdex (HECO)
Mdex is an automatic market-making decentralized exchange based on the concept of fund pools. It is similar in function to some DEXs on the market, but on this basis, it proposes and implements a dual-chain DEX model based on the Huobi Eco Chain and Ethereum. It combines the advantages of the low transaction fees of the Huobi Eco Chain and the prosperity of the Ethereum ecosystem, and supports the dual mining mechanism of liquidity and transactions.
Mdex token (MDX) is used to pay transaction fees, participate in governance, and stake in the liquidity pool. The token's usage includes collateral for borrowing, an asset for lending, staking rewards, yield farming rewards, and gas fees for transactions on the platform. It also plays a crucial role in the platform's governance, giving holders certain rights in the ecosystem, and distributing a percentage of fees collected to token holders with stakes in a non-custodial contract.
The Mdex platform aims to provide users with a safer and more reliable asset selection and configuration and a higher expected return on investment through its decentralized token exchange service. It integrates DEX, IMO/ICO, and DAO on both Huobi Eco Chain and Ethereum ecosystems.
| Price | |
| 52W High price | $0.07 |
| 52W High date | 12th Dec 2023 (1 year ago) |
| All Time High (ATH) Date | 22nd Feb 2021 (3 years ago) |
| ATH Price | $10.11 |
| % From ATH | -99.85% |
| All Time Low (ATL) Date | 18th Sep 2024 (3 months ago) |
| ATL Price | $0.01 |
| % From ATL | 13.76% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $128,625.00 |
| Total Supply | 1.06B |
| Circulating Supply | 950.25M |
MDX
How does Mdex (HECO)'s (MDX) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-6.8%
MDX
-15.8%
Similar Market Cap
60 Day Return
-2.9%
MDX
0.9%
Similar Market Cap
1 Year Return
-65.7%
MDX
357.5%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 0 |
|---|---|
| Active Reddit Users (past 24h) | 0 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 30,674 |
| Twitter followers | 169,875 |
-
theblockcrypto.com/post/130688/mdex-one-year-anniversary-marching-forward-from-the-old-def...
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cryptobriefing.com/mdex-overlooked-decentralized-exchange-pays-you-trade/
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cointelegraph.com/press-releases/mdex-phase-two-imo-project-demeter-data-shines
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theblockcrypto.com/post/114182/mdex-an-overlooked-decentralized-exchange
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://mdex.com/ |
|---|---|
| Explorer | https://hecoinfo.com/token/0x25D2e80cB6B86881Fd7e0... |
| @Mdextech |
What is the correct contract address for Mdex (HECO)?
| Huobi-token | 0x25d2e80cb6b86881fd7e07dd263fb79f4abe033c |
|---|
Has Mdex (HECO) been audited for security?
No security audits found for this project.
Are you the owner of Mdex (HECO)? Edit it here
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