MultiDEX AI

MultiDEX AI (MDX)

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

1 MDX = 0.025 XDR Special Drawing Rights (XDR)
0.0351047 XDR

Last updated: 2024-07-13 14:13:00 UTC - about 2 years ago 1 USD = 0.702943 XDR

General information
Global rank:4296
Name: MultiDEX AI MultiDEX AI
Symbol:MDX
Current coin price (XDR):0.025 XDR
Last hour:arrow_downward-6.66 %
Last 24 hours:arrow_downward-5.51 %
Last 7 days:1.76 %trending_up
Capitalisation (XDR):0.000000 XDR
Volume 24h (XDR):18 933.77 XDR
Available supply:0.000000 MDX
Total coin supply:-1 MDX
Start date:2021-04-07
Last updated: 2024-07-13 14:13:00 UTC - about 2 years ago

MultiDEX AI/Special Drawing Rights (MDX/XDR) price chart

MultiDEX AI/Special Drawing Rights (MDX/XDR) 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.