What is the Garuda DeFi ICO?

Garuda DeFi funded GDEX, a governance token letting holders stake and earn shares from DEX trading fee revenue on the Garuda platform.

Is GDEX the same as DexFi Governance?

No, DexFi Governance is an entirely separate, unrelated DAO-governed DeFi platform that also uses the GDEX ticker, trading actively around $6-24.

What is DexFi Governance's current price?

Around $6-24 depending on the source, with an all-time high of $24.78, per CoinGecko; this is unrelated to Garuda DeFi.

What is GDEX's total token supply?

98.8 million tokens, representing 100% of DEX trading fee shares, per Garuda DeFi's own documentation.

Is there a separate 'Garuda Token'?

Yes, an entirely unrelated car-ecosystem marketplace project also uses the Garuda name, distinct from this DeFi presale.

What is GarudaSwap Token?

A separate, unrelated BSC-based project with 9,463 confirmed holders per BscScan, distinct from this Garuda DeFi presale.

What is the GRDX buyback mechanism?

5% of Garuda DeFi's trading fees are used for token buyback and burn, intended to increase token value over time.

Is this Garuda DeFi GDEX currently listed on any exchange?

No reliable, project-specific current price was confirmed for this specific token during this review.

How can I verify which 'GDEX' project I'm researching?

Verify the exact contract address directly, given the confirmed severe ticker collision with the unrelated DexFi Governance project.

What is AiLM in DexFi Governance?

An Automated Intelligent Liquidity Manager referenced by the unrelated DexFi Governance project, not connected to Garuda DeFi.

What are the main red flags for GDEX?

The confirmed severe ticker collision with the actively-traded DexFi Governance token is the primary concern, alongside conflicting blockchain references.

Should I trust general 'GDEX crypto' search results?

No, treat any general GDEX search result with significant scepticism regarding which specific project it actually describes.

Is Garuda DeFi still under development?

Current DEX trading volume and fee distribution should be independently verified given the documented naming confusion.

Garuda DeFi ($GDEX) ICO

Q: How does Garuda DeFi's GDEX fee-sharing work?

Holders who stake GDEX become eligible to earn shares from protocol fees generated by trading activity, claimable hourly or at longer intervals.

Q: What blockchain does Garuda DeFi operate on?

Sources conflict; DefiLlama references Terra Classic, while this catalogue's listing may imply a different chain, so verify directly.

16-11-2024 - 16-01-2025 Ended

Add/Edit ICO Advertise ICO

Launchpad

On Website

Stage

ICO

Total Supply

181,481,481.00

Tokens for Sale

98,000,000.00

% of Supply

54.00%

$GDEX ICO Price

0.10 USDT

1 USDT

TBA

Fundraising Goal

9,800,000

$GDEX Project Category

DeFi

$GDEX Contract Address

Terra

Buy $GDEX Now

Buy Here

Soft Cap

TBA

Hard Cap

TBA

Personal Cap

TBA

Garuda DeFi ($GDEX) ICO Crypto

The Garuda DeFi ICO funds GDEX, a governance token letting holders stake and earn shares from protocol fees generated by trading activity on the Garuda DeFi platform. This review must flag directly a severe, confirmed ticker collision: an entirely unrelated, actively-traded token called "DexFi Governance" also uses the exact GDEX ticker, currently trading in the range of $6-24 on Arbitrum-based decentralized exchanges. This review documents the Garuda DeFi presale specifically and provides essential guidance for navigating this significant naming confusion.

Garuda DeFi ICO and the GDEX Governance Structure

Per Garuda DeFi's own documentation, GDEX's tokenomics allocate the full 98.8 million token supply across DEX trading fee shares, split among presale investors, NFT holders, DEX development funding, and a GRDX buyback-and-burn mechanism using 5% of trading fees. By owning and staking GDEX, holders become eligible to earn shares from protocol fees generated by trading activity on the Garuda DeFi platform, claimable hourly or at longer intervals depending on holder preference.

A Severe, Confirmed Ticker Collision

This review found a specific, significant naming collision worth flagging directly: "DexFi Governance," an entirely separate and unrelated DAO-governed DeFi platform built around an "AiLM" (Automated Intelligent Liquidity Manager) and an AI agent called "Gia," also uses the exact GDEX ticker. This unrelated project trades actively on Uniswap V3 (Base and Arbitrum), with CoinGecko showing prices in the $6-24 range and an all-time high of $24.78. This is confirmed to be an entirely separate project from Garuda DeFi, sharing only the GDEX symbol.

A Broader Garuda-Branded Naming Field

Beyond the specific GDEX collision, this review also found separate, unrelated "Garuda Token" (a car-ecosystem marketplace project per CoinCodex) and "GarudaSwap Token" (a BSC-based project with 9,463 confirmed holders per BscScan) projects, adding further naming confusion across the broader "Garuda" brand space. Additionally, DefiLlama's protocol tracker references Garuda DeFi as operating on the Terra Classic blockchain as an automated market maker, a detail worth cross-checking against this catalogue's presale listing.

ICO Conclusion: A Governance Concept Amid Severe Naming Confusion

Garuda DeFi's fee-sharing governance mechanism offers a specific, understandable value proposition for GDEX holders. However, the confirmed, severe collision with the actively-traded, unrelated DexFi Governance token (also using GDEX, currently trading at $6-24) makes independent verification of any general "GDEX" search result extremely difficult, and researchers must take particular care to confirm the exact contract and chain.

Current GDEX Listings and a Critical Ticker Warning

No reliable, project-specific current price was confirmed for this Garuda DeFi GDEX token during this review. Do not confuse it with the unrelated DexFi Governance token, which trades actively around $6-24 on Uniswap V3 (Arbitrum/Base); verify the exact contract address directly before any transaction.

Project Progress and Status Today

Current DEX trading volume and confirmed blockchain should be independently verified directly via Garuda DeFi's docs and DefiLlama. For a comparison against another DEX governance token presale, browse the Muhdohub presale review, or see the Dollaro ICO for another staking-focused presale.

Red Flags and DYOR Checklist for GDEX

Treat the following as mandatory checks: an entirely unrelated, actively-traded "DexFi Governance" token shares the exact GDEX ticker, trading around $6-24, a confirmed severe collision requiring careful contract verification; separate, unrelated "Garuda Token" and "GarudaSwap Token" projects exist within the broader naming space, adding further confusion; and confirm the exact blockchain this Garuda DeFi project operates on, since sources reference Terra Classic while this catalogue's listing may imply a different chain. Verify the exact contract address and blockchain directly before considering any involvement, given the confirmed severe ticker collision.

For related research, see Neo BlockChain Bank token sale.

Glossary

Automated market maker (AMM): a decentralized exchange model using liquidity pools and algorithms to price and execute trades, rather than a traditional order book. Fee-sharing governance token: a token letting holders earn a proportional share of a platform's generated trading fees through staking. Ticker collision: when multiple unrelated cryptocurrency projects share the same trading symbol, creating a documented risk of confusion.

Disclaimer

This content is for informational purposes only and does not allege wrongdoing regarding the unrelated DexFi Governance, Garuda Token, or GarudaSwap projects. This is not investment advice. Verify the exact contract address directly before any transaction.

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About the Author Anisha Dawar

Research Analyst at coingabbar.com

Published By: Anisha Dawar Published at: 2024-11-16

Anisha Dawar is a dedicated crypto market researcher and listing specialist with strong expertise in tracking and analyzing Presale, ICO, IDO, and IEO projects across the blockchain ecosystem. She focuses on identifying promising early-stage crypto opportunities, reviewing token utility, fundraising models, roadmap progress, and community engagement to provide structured and reliable project insights.

Her work involves maintaining accurate and updated information on upcoming token launches, platform listings, fundraising stages, and participation details. With a research-driven and user-focused approach, Anisha ensures that every project listing is presented with clarity, transparency, and factual accuracy, helping readers explore genuine opportunities in the rapidly growing Web3 space while staying aware of potential market risks.