IDEX (IDEX) price has increased today.
The price of IDEX (IDEX) is $0.051843805606 today with a 24-hour trading volume of $4,363,818. This represents a 0.20% price increase in the last 24 hours and a -10.40% price decline in the past 7 days. With a circulating supply of 720 Million IDEX, IDEX is valued at a market cap of $37,186,384.
What is IDEX?
IDEX is the governance token for IDEX. Users can stake the tokens to earn a percentage of trading fees on the exchange.
How to obtain IDEX?
You may purchase IDEX from Binance and Idex. You can find IDEX trading on various centralized and decentralized cryptocurrency exchanges.
What is IDEX?
IDEX is a Decentralized Exchange (DEX) running on Ethereum and Binance Smart Chain (BSC). Unlike the Automated Market Market (AMM) based exchange that dominates the crypto scene, IDEX is an orderbook DEX.
IDEX lets users keep control of their funds at all times. Hence it is self-custodial. Since many truly decentralized exchanges are slow and have low volumes, IDEX centralizes the system that matches orders for a better user experience.
Users need to register with an email address and undergo the Know Your Customer (KYC) process to use the exchange. So it is a grey area to categorize IDEX as a DEX or just a non-custodial exchange. Other exchanges that follow the same path include Nash Exchange.
IDEX aims to match centralized exchanges’ performance as it ramps up its platform to enable hundreds of thousands of transactions per second. IDEX is exploring Optimistic Rollup L2 solution in Ethereum. At the same time, IDEX BSC can scale up using off-chain infrastructures such as a high-performance matching engine, instant execution, and protection against front-running. IDEX BSC also supports the kind of advanced orders ordinarily available only on centralized exchanges such as ‘stop-loss’ and ‘take-profit’.
New native assets available on IDEX BSC include BNB and CAKE. Other assets, which aren’t available on Ethereum DEXs, will be the wrapped versions of DOT, LTC, etc.
The team is planning to launch at Polkadot as well as part of their vision of IDEX Multichain.
What are the fees incurred from using IDEX?
IDEX charges 0.2% for the market taker and 0.1% for the market maker. Market takers do not have to pay gas fees.
Where can you buy IDEX?
IDEX tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade IDEX is Bitrue, where the most active trading pair IDEX/USDT has a trading volume of $1,647,424.35 in the last 24 hours. Other popular options include Binance and DigiFinex.
What is the daily trading volume of IDEX (IDEX)?
The trading volume of IDEX (IDEX) is $4,363,818.28 in the last 24 hours, representing a -23.00% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for IDEX (IDEX)?
The highest price paid for IDEX (IDEX) is $0.937763, which was recorded on Sep 08, 2021 (over 1 year). Comparatively, the current price is -94.50% lower than the all-time high price.
What is the all-time low for IDEX (IDEX)?
The lowest price paid for IDEX (IDEX) is $0.005638125416, which was recorded on Mar 23, 2020 (about 3 years). Comparatively, the current price is 818.10% higher than the all-time low price.
What is the market cap of IDEX (IDEX)?
Market capitalization of IDEX (IDEX) is $37,186,384 and is ranked #534 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of IDEX tokens (720 Million tokens are tradable on the market today).
What is the fully diluted valuation of IDEX (IDEX)?
The fully diluted valuation (FDV) of IDEX (IDEX) is $51,834,642. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion IDEX tokens are in circulation today. Depending on how the emission schedule of IDEX tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of IDEX compare against its peers?
With a price decline of -10.40% in the last 7 days, IDEX (IDEX) is underperforming the global cryptocurrency market which is up 0.70%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
What is the market sentiment of IDEX today?
There are no votes on IDEX (IDEX) today. Be the first to vote and share this with your community.
How to add IDEX (IDEX) to MetaMask?
Adding IDEX (IDEX) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import IDEX as a token. You can copy IDEX’s contract address (0xb705268213d593b8fd88d3fdeff93aff5cbdcfae) and import it manually, or if you've installed MetaMask's chrome extension, add IDEX to MetaMask with one click on CoinGecko.
Add IDEX to MetaMask.