Rank #N/A
72 people like this
drax  (DRAX)

Drax (DRAX)

$0.824527 -6.0%
0.00002356 BTC -4.3%
72 people like this
$0.821333
24H Range
$0.876924
Market Cap ?
24 Hour Trading Vol $781.00
Circulating Supply ?
Total Supply ?
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DRAX
USD
USD

Drax (DRAX) Price Chart

Live Chart

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1h
24h
7d
14d
30d
1y
-2.3%
-6.0%
-24.6%
-20.6%
-31.1%

DRAX Price and Market Stats

DRAX Price $0.824527
Market Cap ?
Market Cap Dominance 0.00%
Trading Volume $781.00
Volume / Market Cap
24h Low / 24h High $0.821333 / $0.876924
7d Low / 7d High $0.821333 / $1.09
Market Cap Rank N/A
All-Time High $1.36 -39.2%
Dec 27, 2021 (27 days)
All-Time Low $0.228677 262.5%
Jul 20, 2021 (6 months)

Drax Coin Price & Market Data

Drax price today is $0.824527 with a 24-hour trading volume of $781.00. DRAX price is down -6.0% in the last 24 hours. It has a circulating supply of 0 DRAX coins and a total supply of ?. If you are looking to buy or sell Drax, Sushiswap (Polygon POS) is currently the most active exchange.

The purpose of Drax is as a Liquidity Pool wrapper for the Dark Magic token ecosystem. The concept is to give it significantly more flexibility in future use-cases, as well as possible exchange listings/ease of providing liquidity.
Potential secondary use cases include a secondary market for LP’s outside, aggregator listings, self-sustaining ecosystems onboarding, and other gamification elements as we create additional LP wrapper tokens in the ecosystem. To put in in less technical terms: It makes life easier for everyone in managing LP tokens; both for project developers to create value-add and community members. The only way to acquire Drax is to mint it by locking your Dark Magic / axMATIC LP into the Drax smart contract to mint Drax, or buy Drax on a Dex.

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