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LENX XD Price $ 0.012
34 Watchlists
DeFi
XD Price
General Info
Contracts/Explorers:
Ethereum
Funds and Backers
No funds found yet
Wallets
No wallets found yet
Description
The LENX Protocol is an omnichain Bitcoin liquidity market, using native Bitcoin and Frax BAMM.
LENX (XD) Chart
XD to USD Converter
XDIDO
6 Jan — 9 Jan 2024
Raised
$ 10.00M
Price:
$ 0.406
ROI:
0.03x -97.1%
Platform:
N/A
ATH ROI:
0.36x -63.5%
What is LENX (XD)?
The LENX Protocol is an omnichain Bitcoin liquidity market, using native Bitcoin and Frax BAMM to enhance BTC liquidity in DeFi. It introduces xBTC and XD tokens, allowing for both algorithmic and user-defined interest rates. LENX provides deep liquidity for xBTC pools, serving as building blocks for innovative BTC and BRC-layered protocols. The protocol supports instant withdrawals of native BTC for suppliers and customizable borrowing options for users, with no mandatory maturity dates. Core features include no liquidation risks, the absence of oracles for lending decisions, and interest accumulation mechanisms for both suppliers and borrowers.
LENX Price Today
LENX's current price is $ 0.012, it has increased +5.56% over the past 24 hours.
LENX's All Time High (ATH) of $ 0.148 was reached on 8 Mar 2024, and is currently -91.9% down.
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