Stader MaticX Logo

Stader MaticX MATICX

Stader MaticX header image

1. Summary

Ranks

Liquidity
88
Developer
-
Social
74
Momentum (beta)
26
Stack Rankā„¢
-
Price
$0.50 +1.7%
Market Cap
$67.17M (#613)
Supply
136.62M / 136.62M
Price
52W High price $1.40
52W High date 14th Mar 2024 (8 months ago)
All Time High (ATH) Date 9th Dec 2022 (1 year ago)
ATH Price $2.07
% From ATH -81.95%
All Time Low (ATL) Date 19th Jun 2022 (2 years ago)
ATL Price $0.27
% From ATL 37.49%
Supply & Trading Volume
Trading Volume (24h) $76,727.00
Total Supply 136.62M
Max Supply 10.00B
Circulating Supply 136.62M
Description

Overview

Overview

MaticX is a liquid staking token developed by Stader, a multichain liquid staking platform, specifically designed for the Matic Network. It offers a unique value proposition to users and node operators while enhancing the diversity of liquid staking tokens (LSTs) on the Matic Network.

Key Features

  • Built for Rewards: MaticX leverages Stader's multi-chain partnership expertise to maximize liquid staking rewards.

  • Distributed & Scalable: Users can stake across home stakers and high-performance professional operators making it highly scalable. MaticX's multipool architecture ensures smooth scalability with user demand.

  • Security: The platform ensures security through smart contract audits by top firms like Halborn and ImmuneBytes, a $1M bug bounty on Immunefi, and live monitoring with Forta.

  • DeFi Interoperability: MaticX's token design allows for easy integration with DeFi protocols, including DEXs, lending and borrowing protocols, and yield optimizers.

How MaticX Works

  • Minting and Redemption: When users stake MATIC, they mint MaticX tokens at the prevailing exchange rate. Upon unstaking, MATIC is returned at the prevailing exchange rate, and the MaticX tokens are burned.

  • Exchange Rate: The MaticX: MATIC exchange rate increases as staking rewards accrue. The rate is initialized as 1 at the start of the contract.

Decentralization

MaticX promotes decentralization by distributing assets across a carefully chosen set of validators, minimizing risks, and furthering Polygon's decentralization.

Partnerships and Usage

MaticX is supported by various DeFi protocols, including DEXs like QuickSwap and Balancer, lending and borrowing protocols like Aave, and yield optimizers like Beefy Finance.

2. Price

MATICX

2.1. Market Performance

How does Stader MaticX's (MATICX) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-24.1%

MATICX

-9.1%

Similar Market Cap

60 Day Return

-24.2%

MATICX

-4.5%

Similar Market Cap

1 Year Return

-43.9%

MATICX

-9.5%

Similar Market Cap

3. Developer Activity

We're monitoring 38 Stader MaticX GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Stader MaticX Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 1 commits vs. an average of 113

Most Active Repos

Past week
Past 12 weeks
Past year
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Past 12 weeks
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Past 12 weeks
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Past 12 weeks
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Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 198 developers have contributed to Stader MaticX over the past year. Who are the most active Stader MaticX developers, by commits, over the past year?

Related Projects

Developers working on Stader MaticX also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users
Twitter followers 30,656
5. News
7. More Information

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

Website https://staderlabs.com/
Explorer https://etherscan.io/token/0xf03a7eb46d01d9ecaa104...
Twitter @stader_polygon

What is the correct contract address for Stader MaticX?

Ethereum 0xf03a7eb46d01d9ecaa104558c732cf82f6b6b645
Polygon-pos 0xfa68fb4628dff1028cfec22b4162fccd0d45efb6
Manta-pacific 0x01d27580c464d5b3b26f78bee12e684901dbc02a

Has Stader MaticX been audited for security?

No security audits found for this project.

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