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Mdex

Mdex MDX Price $ 0.0515

Rank: 651

510 Watchlists

DeFi

MDX Price

0.0515
3.08%
($ 0.00154)
Price Range
LowHigh
$ 0.0495$ 0.0516

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Token

Funds and Backers

No funds found yet

Wallets

No wallets found yet

Description

Mdex is a decentralized exchange based on Huobi Eco-Chain & Ethereum, and supports the "dual mining mechanism" of liquidity mining and trade mining

Mdex (MDX) Chart

The Mdex to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

MDX to USD Converter

Mdex (MDX)MDX

MDX Price Statistics

leaderboard

Market Cap

$ 49.04M

FDV

$ 54.71M

ATH Market Cap

$ 1.43B

24 Trade Vol.

$ 3.16M


Vol. (24h) / MCap

0.0644

Total Supply

MDX 1,060,000,000

Circulating Supply

MDX 950.25M

(89.6% of Total Supply)

Listing Date

26 Jan 2021

All Time High

$ 10.13

22 Feb 2021


All Time Low

$ 0.0366

13 Feb 2024


From ATH

99.5%

From ATL

41%

What is Mdex (MDX)?

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.

MDX, as a governance token, is one of the important ecological segments in MDEX's strategic deployment, and the team is continuously expanding its application scenarios and building up a complete value system. This transaction fee for MDX repurchase and burn materializes a closed and self-driven loop for value capture. Currently, MDEX spends thousands of dollars on repurchase and burn every day, which effectively boosts the confidence of community users in MDX.

MDEX supports single token staking. Users can stake MDX in the Boardroom to mine more MDX, and in the specified period, it also allows users staking MDX to mine other platform tokens, such as HT, BNB. The rewards of transaction mining are to subsidize users with transaction needs. Centralized exchange transactions require a 0.2% transaction fee, while transactions on MDEX cost as low as $0.1 cents, which is further compensated by transaction mining income, making transactions on MDEX free.

Mdex Price Today

Mdex's current price is $ 0.0515, it has increased +3.08% over the past 24 hours.

Mdex's All Time High (ATH) of $ 10.13 was reached on 22 Feb 2021, and is currently -99.5% down.

The current circulating supply of Mdex is 950.25 Million tokens, and the maximum supply of Mdex is 1.06 Billion.

Mdex’s 24 hour trading volume is $ 3.17 Million.

Mdex's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 48.94 Million.

You can find more details about Mdex on its official website and on the block explorer.

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