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Mdex MDX

Mdex Price (MDX)
$0.0578
9.08% Buy MDX Now

0.0000148 ETH

0.000000843 BTC

Buy MDX Now
Low: $0.0527
High: $0.0594
24h
Market Cap
$54,891,965
9.08%
Fully Diluted Market Cap
$61,231,960
9.08%
Volume
24h
$3,766,771
11.76%
Volume / Market Cap
0.0686
Circulating Supply
950,246,937 MDX
Max Supply
--
Total Supply
1,060,000,000

Mdex (MDX) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.02%

Joined at Dec 29, 2020

Following

351

0.00%

Tweet count

1,123

0.09%

Mdex reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Mdex (MDX) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

Mdex telegram
Telegram Stats
Visit Telegram

Members

0.77%

Title

Mdex English

Mdex traffic
Website Traffic
Visit Website

Website Rating (DR)

52 / 100

0.00%

Ahrefs Rank

648,004

0.45%

Organic Traffic (mo.)

123

39.41%

Mdex github
GitHub Organization
Visit GitHub

Public repos

Created at Dec 27, 2020

Type

Personal

Mdex github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Mdex (MDX) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 167,371

Members: 30,295


Live MDX Price Analysis

The current real time Mdex price is $0.0578, and its trading volume is $3,766,771 in the last 24 hours. MDX price has grew by 9.08% in the last day, and decreased by 1.34% in the last 7 days. It’s important to note that current Mdex market capitalization is $54,891,965, Talking about circulating supply, MDX has 950,246,937 coins. Currently, Mdex rank on the market is #482.

Mdex price today is 99.43% below all time high, and it is 300.02% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling MDX are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is MDEX (MDX)?

MDX is the native token of MDEX, also known as Mandala Exchange, which is an AMM-based decentralized exchange (DEX). AMM stands for Automated Market Maker. It provides users with quick development and release of new apps, as well as good market depth, reduced trade slippages, and higher rewards for miners. The MDEX price chart featured above displays the MDX price. You should check that out if you're thinking about investing in this token.

Initially, MDEX started running on both Ethereum and Huobi Ecological Chain (HECO). Why? Ethereum, while being generally a successful and innovative blockchain, has issues with sluggish transaction speeds and excessive fees. Thus, the HECO blockchain was chosen as a solution for these problems because it has low transaction fees and quick processing times.

However, in April, 2021, MDEX was also launched on Binance Smart Chain (BSC). To conduct cross-chain transactions between HECO, Ethereum, and BSC, MDEX Bridge was established.

MDEX mostly differs from other DEXs due to its dual mining mode, which consists of liquidity and transaction mining (usually, DEXs only employ liquidity mining). With liquidity mining, users have to provide liquidity in exchange for rewards. With transaction mining, on the other hand, miners have to participate in MDEX transactions and provide transaction volume in order to be eligible for rewards.

Besides that, MDEX offers the Initial MDEX Offering (IMO) protocol, which allows projects to raise funds. It works through the public swap function, which requires users to firstly provide liquidity to MDX/HT and MDX/WBNB pools in order to get swap shares.

After they do that, they get IMO tokens. Besides, even if the sale doesn’t turn out to be 100% successful and not all funds are used, MDEX returns these funds to user wallets.

The security of the DEX is ensured through auditing and an incentivized campaign. Talking about auditing, MDEX was audited by such companies as Fairyproof, CertiK, and Slow Mist. Additionally, there is a project called the Bug Bounty Campaign. Professionals in the security sector are rewarded with MDX tokens for spotting various system flaws.

The Founders of Mdex

The founders of Mdex are Nate Flanders and Anant Handa.

Nate Flanders is the CEO of MDEX. He has a degree in business management and administration. He also worked as VP of operations at Decent. Bet and was a president at BitWatch.io. Besides that, he founded Phone ResQ and Crypto Coin Trader. Anant Handa is the CSO of MDEX. However, there’s not much information about him online.

The Purpose of MDX Tokens

MDX token is based on the ERC-20 token standard. The main use case of MDEX is rewarding transaction and liquidity miners, as well as participants of the Bug Bounty Campaign. Besides that, MDX tokens provide holders with governance rights. Holders of MDEX tokens have the power to decide whether a new token should be listed there and whether certain assets need to be collateralized.

FYI, you can analyze the MDX price patterns and how they managed to change over time on the aforementioned MDEX price chart.

Tokenomics of MDX

MDX tokens are inflationary since they don’t have a max supply set. The majority of the MDEX token supply (80%) goes to liquidity and transaction mining rewards. The remaining portion is split between the development team, investors, and marketing purposes.

In order to keep the MDX price from decreasing, MDEX utilizes repurchase-and-burn and repurchase-and-reward mechanisms. The names of the mechanisms are quite self-explanatory, MDEX either buys its tokens from the market to burn them or to use them as rewards.

Besides that, it employs block reward halving, which takes place every six months. This means that block rewards are cut by 50% once in half a year.

What's Mdex trading volume in the last 24 hours?

MDX has a trading volume of $3,766,771 in the last 24 hours.

What's Mdex highest price ever?

MDX has a highest price of $10.06, which was reached on Feb 22, 2021 (3 years 3 months ago).

What's Mdex lowest price ever?

MDX has a lowest price of $0.0144, which was reached on Dec 11, 2022 (1 year 5 months ago).

What are the best exchanges for buying and selling MDX?

Currently, the most active and dominating exchanges for buying and selling Mdex are Binance, Kraken & Kucoin. The most popular Mdex trading pairs are MDX/USDT (on Binance ), MDX/USDT (on Huobi Global ), MDX/USDT (on Bityard ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping MDX?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Mdex. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

Pages Related to Mdex

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Mdex project's Circulating Supply has been verified and is equal to:

Circulating Supply

950,246,937 MDX

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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