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IDEX IDEXPrice $ 0.00776
Rank: 1083
IDEX Price
General Info
Contracts/Explorers:
Ethereum
Funds and Backers
IDEX (IDEX) Chart
IDEX to USD Converter
IDEX
What is IDEX (IDEX)?
IDEX 2.0, Built on Optimized
Optimistic Rollup
Optimized Optimistic Rollup (O2 Rollup) is a novel, open-source layer-2 design for bringing scalable applications to public blockchains.
IDEX 1.0’s design hinges on the use of a deposit contract and a single authorized submitter address. This design enables the escrow of funds and coordination of trade settlement necessary to support instant, off-chain execution. The remaining drawbacks derive primarily from the fact that each trade is settled to the network one at a time. In order to scale beyond the current limitations of blockchain networks, we need a more efficient method of trade settlement.
IDEX has developed a new method known as O2 Rollup that allows for unlimited off-chain scaling with a fixed on-chain settlement cost. To understand the new design, it’s helpful to understand a few core concepts of the Ethereum network.
IDEX Price Today
IDEX's current price is $ 0.007762, it has increased +4.13% over the past 24 hours.
IDEX's All Time High (ATH) of $ 0.9715 was reached on 8 Sep 2021, and is currently -99.2% down.
The current circulating supply of IDEX is 995.16 Million tokens, and the maximum supply of IDEX is 1.00 Billion.
IDEX’s 24 hour trading volume is $ 1.30 Million.
IDEX's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 7.72 Million.
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