Frequently Asked Questions
What Is Mdex (MDX)?Read More
MDEX is a new decentralized trading protocol that launched in January 2021.
MDEX is an automated market making (AMM) decentralized exchange protocol that operates on the concept of fund pools, sharing some similarities with standard DEXs, but differentiating itself from competitors by using a dual-chain model modeled on both the Ethereum network and the Huobi Ecological Chain (HECO), which gives it access to the liquidity of the Ethereum ecosystem.
A trading platform built on top of HECO, MDEX has an estimated cost for token swaps at $0.001 for each trade, with a transaction speed of three seconds.
What Makes Mdex Unique?Read More
Most newly-developed protocols heavily consider scalability factors in their choice of blockchain networks if they want a fast adoption rate. Uniswap at least had an early-mover advantage, since it launched before the Ethereum network became heavily congested — and some say that Uniswap itself is one of the main reasons for the network’s congestion, However, Uniswap’s market majority could change really fast if second-layer solutions are not rolled out in time and deliver their expected results.
For this reason, the Huobi Ecological Chain-based Mdex claims a unique characteristic of being based on a chain that aims to avoid scalability problems.
How Is the Mdex Network Secured?Read More
Huobi, the Seychelles-based crypto exchange founded in China and listed in Hong Kong, is a cryptocurrency trading platform. Huobi officially launched its eco-chain HECO in December 2020: the new platform claims to have a maximum 500 transactions-per-second (TPS) rate, transaction confirmation time of three seconds and a gas fee of $0.001.
Where Can You Buy Mdex (MDX)?Read More
Mdex is trading on markets including Huobi Global, Gate.io and the MDEX exchange, among others.
Learn more about how to buy crypto here.
What is the all-time high price of Mdex (MDX)?Read More
The all-time high of MDX was 10.06 USD on 2021-02-22, from which the coin is now down 99.24574965366799%. The all-time high price of Mdex (MDX) is 10.06. The current price of MDX is down 99.24574965366799% from its all-time high.
How much Mdex (MDX) is there in circulation?Read More
, there is currently 950.25M MDX in circulation. MDX has a maximum supply of 0.
What is the market cap of Mdex (MDX)?Read More
The current market cap of MDX is 72.10M. It is calculated by multiplying the current supply of MDX by its real-time market price of 0.075877584841.
What is the all-time low price of Mdex (MDX)?Read More
The all-time low of MDX was 0.05520238
, from which the coin is now up 37.4534663922099%. The all-time low price of Mdex (MDX) is 0.05520238. The current price of MDX is up 37.4534663922099% from its all-time low.
Is Mdex (MDX) a good investment?Read More
Mdex (MDX) has a market capitalization of $72.10M and is ranked #501 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Mdex (MDX) price trends and patterns to find the best time to purchase MDX.