Mdex

Mdex (MDX)

Full information about Mdex (MDX). Current Mdex price in RSD, MDX open/close rates, Mdex history charts, Mdex market capitalization and volume.

1 MDX = 1.49 Дин. Serbian Dinar (RSD)
0.0147928 RSD

Last updated: 2024-10-01 01:41:00 UTC - about 1 year ago 1 USD = 100.902008 RSD

General information
Global rank:932
Name: Mdex Mdex
Symbol:MDX
Current coin price (RSD):1.49 Дин.
Last hour:arrow_upward0.640 %
Last 24 hours:arrow_downward-2.75 %
Last 7 days:-1.29 %trending_down
Capitalisation (RSD):1 418 361 162.29 Дин.
Volume 24h (RSD):28 043 695.08 Дин.
Available supply:950 246 937.00 MDX
Total coin supply:-1 MDX
Start date:2021-04-07
Last updated: 2024-10-01 01:41:00 UTC - about 1 year ago

Mdex/Serbian Dinar (MDX/RSD) price chart

Mdex/Serbian Dinar (MDX/RSD) capitalisation and volume charts

What is it?

Mdex Token (MDX):MDX is the native governance token of the Mdex platform. It can be used to vote on protocol developments, adjustments, and is essential for maintaining the decentralized nature of the platform. Like many governance tokens, MDX holders have a say in the future trajectory of the platform based on the number of tokens they hold.

Mdex Platform:Mdex is a decentralized exchange (DEX) that operates primarily on the Binance Smart Chain (BSC) and the Huobi ECO Chain (Heco). It integrates the functionality of swap, liquidity mining, and staking on its platform. This automated market maker (AMM) offers users an avenue to swap various cryptocurrency assets while providing liquidity providers the ability to earn rewards.

What is it used for?

Beyond its governance utility, MDX tokens can be staked on the Mdex platform to earn rewards. These rewards are generally sourced from trading fees generated on the platform. Moreover, MDX can also be traded on the Mdex exchange and other platforms that support the token.