DAEX

DAEX (DAX)

Full information about DAEX (DAX). Current DAEX price in CLF, DAX open/close rates, DAEX history charts, DAEX market capitalization and volume.

1 DAX = 0.000091 CLF Chilean Unit of Account (UF) (CLF)
0.0040395 CLF

Last updated: 2023-10-05 04:04:00 UTC - about 2 years ago 1 USD = 0.022477 CLF

General information
Global rank:2817
Name: DAEX DAEX
Symbol:DAX
Current coin price (CLF):0.000091 CLF
Last hour:arrow_upward8.62 %
Last 24 hours:arrow_upward10.76 %
Last 7 days:21.00 %trending_up
Capitalisation (CLF):0.000000 CLF
Volume 24h (CLF):2 637.63 CLF
Available supply:0.000000 DAX
Total coin supply:2 000 000 000.00 DAX
Algorithm:ETH Token
Start date:09/02/2018
Last updated: 2023-10-05 04:04:00 UTC - about 2 years ago

DAEX/Chilean Unit of Account (UF) (DAX/CLF) price chart

DAEX/Chilean Unit of Account (UF) (DAX/CLF) capitalisation and volume charts

DAEX is a clearing solution for centralised cryptocurrency trading exchanges that want to provide a better service to the cryptocurrency trading through a clearing service based on distributed ledger technology. The DAEX ecosystem allows traders to use wallets and perform trades that when matched are sent to the clearing service. The clearing service (CaaS) generates the smart contracts to validate the trades and to make sure the requirements are met. After the validation process, the smart contract runs the consensus mechanism and updates the corresponding wallets with the cleared assets.

The DAEX network uses the DAX utility token (Ethereum-based ERC20) to ease the cooperation between different exchanges in the DAEX ecosystem.