MIDAS Token
1. Summary
- Description
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MIDAS Token
MIDAS Token
The MIDAS Token is a NFT-backed stablecoin on the Solana blockchain, powered by the Hadeswap team. It aims to become a store of value, a medium of exchange, and a unit of account entirely backed by NFTs.
History
Hadeswap launched in September 2022 as the first NFT Automated Market Maker (AMM) on Solana, gaining significant traction and achieving notable milestones such as 3M SOL total trading volume, 550K SOL Total Value Locked (TVL), and over 10K SOL daily trading volume.
Objectives
The project's primary objective is to become the number one liquidity layer of NFTs on Solana and eventually expand to multiple chains. The team aims to achieve this by leveraging Hadeswap's unique approach and extensive experience in the NFT AMM space.
Token Usage
The MIDAS Token ($MDS) will serve several purposes, including:
- Acting as a store of value
- Functioning as a medium of exchange
- Providing a unit of account backed entirely by NFTs
| Price | |
| 52W High price | $1.52 |
| 52W High date | 19th Nov 2023 (1 year ago) |
| All Time High (ATH) Date | 5th Jan 2025 (4 months ago) |
| All Time Low (ATL) Date | 5th Jan 2025 (4 months ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $21.00 |
How does MIDAS Token's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
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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 | |
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| Active Reddit Users (past 24h) | |
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| Twitter followers |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://mds.hadeswap.com |
|---|---|
| Explorer | https://solscan.io/token/9TVjnzpF3X8DHsfVqYWoCGphJ... |
What is the correct contract address for MIDAS Token?
| Solana | 9TVjnzpF3X8DHsfVqYWoCGphJxtGYh1PDCFN5QmsHW5t |
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Has MIDAS Token been audited for security?
No security audits found for this project.
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