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    Mdex

    Mdex priceMDX

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    Quote currency:
    USD
    MDX
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    USD
    1 MDX = 0.01249 USD
    Last updated 2024-11-10 03:53:29(UTC-0)
    Buy MDX

    Mdex price live data summary

    The live price of Mdex is $0.01249 per (MDX / USD) today with a current market cap of $11.86M USD. The 24-hour trading volume is $624,397.27 USD. MDX to USD price is updated in real time. Mdex is -1.47% in the last 24 hours. It has a circulating supply of 950,246,900 .

    What is the highest price of MDX?

    MDX has an all-time high (ATH) of $10.06, recorded on 2021-02-22.

    What is the lowest price of MDX?

    MDX has an all-time low (ATL) of $0.01084, recorded on 2024-11-04.
    Calculate Mdex profit

    Mdex price prediction

    When is a good time to buy MDX? Should I buy or sell MDX now?

    When deciding whether to buy or sell MDX, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget MDX technical analysis can provide you with a reference for trading.
    According to the MDX 4h technical analysis, the trading signal is Buy.
    According to the MDX 1d technical analysis, the trading signal is Sell.
    According to the MDX 1w technical analysis, the trading signal is Sell.

    What will the price of MDX be in 2025?

    Based on MDX's historical price performance prediction model, the price of MDX is projected to reach $0.01002 in 2025.

    What will the price of MDX be in 2030?

    In 2030, the MDX price is expected to change by +6.00%. By the end of 2030, the MDX price is projected to reach $0.01945, with a cumulative ROI of +60.59%.

    Mdex ratings

    Average ratings from the community
    4.4
    100 ratings
    This content is for informational purposes only.

    About Mdex (MDX)

    What Is Mdex?

    Mdex is a decentralized trading protocol renowned for its Automatic Market Maker (AMM) and integration across multiple blockchain networks. As a pivotal player in the decentralized finance (DeFi) landscape, Mdex combines the functionalities of a decentralized exchange (DEX), Initial Mdex Offering (IMO), and a Decentralized Autonomous Organization (DAO). This innovative platform was the first successful DEX to launch on the HECO network and has since expanded its reach to include the BNB Chain and Ethereum networks.

    The platform's inception marked a significant milestone in the DeFi sector, achieving over $459 billion in trades. Mdex stands out for its high-performance AMM system and a robust DeFi ecosystem, which includes a custom-built exchange, an advanced cryptocurrency, and a unique mining mechanism. These features collectively empower users to securely exchange crypto and secure Return on Investments (ROIs), addressing the growing demand for eco-friendly blockchain projects.

    Resources

    Official Documents: https://mdexdoc.gitbook.io/doc/mdex-lightpaper

    Official Website: https://mdex.co/

    How Does Mdex Work?

    Mdex operates by leveraging its AMM protocol, which differs from traditional exchanges. Instead of using an order book, users trade with smart contracts, which helps in reducing slippage – the price difference between the time a trade order is placed and executed. This system enhances the responsiveness and scalability of the platform, with Mdex averaging 3-second confirmation times, a significant improvement over other DEXs like Uniswap.

    The platform also introduces a trade mining feature that rewards users for their trading activity, helping to offset network fees and stimulate liquidity in the market. Mdex's cross-chain compatibility is a key feature, supporting a mix of top-performing DeFi networks, including Ethereum, HECO, and BNB Chain. This interoperability is crucial for fostering innovation in the DeFi space.

    Furthermore, Mdex addresses issues like high transaction fees and network congestion commonly found in other DEXs. Large investors and whales, for instance, benefit from zero fees as trade mining rewards completely offset transaction costs. Mdex's liquidity pools (LP pools) are central to its ecosystem, where users receive LP tokens based on the amount of MDX they lock in, providing multiple ROI avenues.

    What Is MDX Token?

    MDX is the native utility token of the Mdex platform. The token plays a multifaceted role within the Mdex ecosystem. It is crucial for the governance of the network, allowing MDX holders to vote on major community decisions, such as project directions, trading rules, and more.

    MDX also serves as a standard for fundraising, akin to how ETH is used in ICOs on the Ethereum blockchain. The tokenomics of MDX include a total supply of 1,060,000,000 tokens, with mechanisms in place for mining and rewards. MDX holders can earn passive income through liquidity mining and staking, contributing to the platform's liquidity and earning rewards based on the fund pool's performance.

    What Determines Mdex's Price?

    The price of Mdex (MDX), like any cryptocurrency, is influenced by a complex interplay of factors typical in the blockchain and cryptocurrency markets. One of the primary drivers is market demand and supply dynamics. The unique features of Mdex, such as its Automatic Market Maker (AMM) system, cross-chain compatibility, and its role in the decentralized finance (DeFi) space, significantly impact its attractiveness to investors and users. As more users engage with the platform for trading, liquidity mining, and participating in its decentralized autonomous organization (DAO), the demand for MDX can increase, potentially driving up its price. Conversely, if the platform experiences reduced usage or faces competition from other DeFi projects, this could lead to a decrease in demand and a subsequent drop in price.

    Another crucial factor is the broader cryptocurrency market sentiment. The prices of major cryptocurrencies like Bitcoin and Ethereum often set the tone for the entire market, including tokens like MDX. Bullish trends in these major markets can lead to increased investor confidence and a willingness to invest in more speculative assets like Mdex. Additionally, regulatory news, technological advancements, and changes in the global economic landscape also play a significant role. For instance, positive developments in blockchain technology or favorable regulatory environments can boost investor confidence in cryptocurrencies, benefiting tokens like MDX.

    Lastly, Mdex's own developments and updates significantly influence its price. Announcements regarding new partnerships, expansions to other blockchains, improvements in the platform's technology, or changes in its tokenomics can all have immediate and profound effects on the price of MDX. Investors and users closely monitor such updates, as they can indicate the future potential and sustainability of the platform. In the rapidly evolving world of cryptocurrency and blockchain, staying informed about these factors is crucial for understanding the price movements of tokens like MDX.

    Mdex price performance in USD

    24h7 days30 days90 days1 yearAll-time
    -1.47%-15.91%-13.83%-19.42%-79.05%-100.00%

    Mdex price history in USD

    The price of Mdex is -79.05% over the last year. The highest price of in USD in the last year was $0.09517 and the lowest price of in USD in the last year was $0.01084.
    TimeLowHigh
    24h$0.01181$0.03303
    7d$0.01084$0.03342
    30d$0.01084$0.04352
    90d$0.01084$0.04512
    1y$0.01084$0.09517
    All-time$0.01084(2024-11-04, 6 days ago )$10.06(2021-02-22, 3 years ago )

    Mdex market information

    Market cap
    $11,864,127.33
    -1.47%
    Fully diluted market cap
    $13,234,428.31
    -1.47%
    Volume (24h)
    $624,397.27
    -9.05%
    Market rankings
    Circulation rate
    +89.00%
    24h volume / market cap
    0.0526
    Circulating supply
    950,246,900 MDX
    Total supply / Max supply
    1.06B MDX
    -- MDX
    Buy Mdex now

    Mdex Social Data

    In the last 24 hours, the social media sentiment score for Mdex was 3, and the social media sentiment towards Mdex price trend was Bullish. The overall Mdex social media score was 0, which ranks 1246 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Mdex being mentioned with a frequency ratio of 0%, ranking 1178 among all cryptocurrencies.

    In the last 24 hours, there were a total of 176 unique users discussing Mdex, with a total of Mdex mentions of 19. However, compared to the previous 24-hour period, the number of unique users decrease by 8%, and the total number of mentions has decrease by 21%.

    On Twitter, there were a total of 0 tweets mentioning Mdex in the last 24 hours. Among them, 0% are bullish on Mdex, 0% are bearish on Mdex, and 100% are neutral on Mdex.

    On Reddit, there were 7 posts mentioning Mdex in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 30% .

    All social overview

    Average sentiment (24h)
    3
    Social media score (24h)
    0(#1246)
    Social contributors (24h)
    176
    -8%
    Social media mentions (24h)
    19(#1178)
    -21%
    Social media dominance (24h)
    0%
    X
    X posts (24h)
    0
    0%
    X sentiment (24h)
    Bullish
    0%
    Neutral
    100%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    6
    Reddit posts (24h)
    7
    -30%
    Reddit comments (24h)
    0
    0%

    How to buy Mdex(MDX)

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    Join MDX copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or MDX tokens, you can also start copy trading by following elite traders.

    FAQ

    What is the current price of Mdex?

    The live price of Mdex is $0.01 per (MDX/USD) with a current market cap of $11,864,127.33 USD. Mdex's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Mdex's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Mdex?

    Over the last 24 hours, the trading volume of Mdex is $624,397.27.

    What is the all-time high of Mdex?

    The all-time high of Mdex is $10.06. This all-time high is highest price for Mdex since it was launched.

    Can I buy Mdex on Bitget?

    Yes, Mdex is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

    Can I get a steady income from investing in Mdex?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Mdex with the lowest fee?

    We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

    Where can I buy Mdex (MDX)?

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    Cryptocurrency investments, including buying Mdex online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Mdex, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Mdex purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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