Hydranet

Hydranet (HDX)

-1.35 %
Total market value details of Hydranet (HDX) circulating supply
Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

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24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

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Fully Diluted Valuation
The market cap if the max supply was in circulation.
Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.
22119264
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

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0.00
Total Supply
The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.
If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.
154,679,560.00
Max Supply
The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.
If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.
1,000,000,000.00
# Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
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Coin Info

HDX is a token that powers a DEX. The token is the payment mechanism that pays holders of the HDX token in reward for supporting the decentralized exchange. The unique part of the HDX DEX is that it uses layer 2 to action the swaps in the HydraDEX that resides inside the Hydranet custodial light wallet. The approach of the DEX is unique to other similar projects that have Layer 2 swaps in the wallet as the HDX DEX has a CEX like trading experience and is designed to be used by high volume bot traders. HDX is designed to be decentralized and unstoppable, fast and highly scalable. The intention of the DEX is to ensure pairs can be swapped directly with Bitcoin, and Ethereum. Already available pairs are ETH and BTC and this is achieved with a layer 2 swap using the lightning network, and other L2 solutions. The HDX DEX is designed to be blockchain agnostic, the only requirement to have a project listed on the HDX DEX is that it uses a compatible L2 technology, and there are parties on either side of the swap wanting to trade.