Mdex (MDX)

1.87 %

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.

24 Hour Trading Vol

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

6324735>
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 - -.

101686860>T
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.

945,054,543.00
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 - -.

1,060,000,000.00
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 - -.

0.00
Low High
Contract
Website
Explorers
Social Media
Tags
Week Month Year All Time
High

Jan 19 2023

0.080307413941
19.45%

Jan 17 2023

0.088279749837
8.67%

Apr 02 2022

0.321899175299
-70.20%

Feb 22 2021

-99.05%
Low

Jan 19 2023

0.080307413941
19.45%

Jan 08 2023

0.071219265726
34.70%

Oct 03 2022

0.060258132162
59.20%

Sep 28 2022

60.39%

Market

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Historical Data

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Mdex
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Coin Info

MDEX is a new protocol for trading that started up in January 2021.

MDEX is an automated market making (AMM) decentralised exchange protocol that works on the idea of fund pools. It is similar to standard DEXs in some ways, but it stands out by using a dual-chain model based on both the Ethereum network and the Huobi Ecological Chain (HECO), which gives it access to the liquidity of the Ethereum ecosystem.

MDEX is a trading platform that was built on top of HECO. It is estimated that each token swap will cost $0.001 and take three seconds.

Most DeFi projects live on the Ethereum network as ERC-20 assets, but as it moves to Ethereum 2.0, it is having trouble with expensive gas fees and slow transaction speeds.

If they want to be used quickly, most new protocols put a lot of thought into how scalable their blockchain networks are. Some people say that Uniswap is one of the main reasons why the Ethereum network is so crowded. However, Uniswap's market majority could change very quickly if second-layer solutions are not rolled out on time and work as expected.

Because of this, the Huobi Ecological Chain-based Mdex says that it is unique because it is based on a chain that tries to avoid problems with scaling.

To know more about the Mdex price prediction, install the top cryptocurrency app CoinGabbar today!

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