| General information | |
|---|---|
| Global rank: | 2817 |
| Name: |
DAEX |
| Symbol: | DAX |
| Current coin price (XCD): | 0.011 $ |
| Last hour: | arrow_upward8.62 % |
| Last 24 hours: | arrow_upward10.76 % |
| Last 7 days: | 21.00 %trending_up |
| Capitalisation (XCD): | 0.000000 $ |
| Volume 24h (XCD): | 317 138.84 $ |
| Available supply: | 0.000000 DAX |
| Total coin supply: | 2 000 000 000.00 DAX |
| Algorithm: | ETH Token |
| Start date: | 09/02/2018 |
DAEX/East Caribbean Dollar (DAX/XCD) price chart
DAEX/East Caribbean Dollar (DAX/XCD) 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.