About OAX
OAX is an ERC20 token developed to fuel an open-source decentralized exchange platform “openANX” which provides an aggregated order book to increase liquidity; holds collateral for asset gateways to reduce credit risk; and features an off-chain, predetermined dispute resolution system governed by the Decentralized Autonomous Organization(DAO) to maximize consumer protection.
Market Stats
Market Cap
£1.01M
-1.38%
FDV
£1.06M
Circ. Supply
96M OAX
Max Supply
100M OAX
Total Supply
100M OAX
Diluted Valuation
£1.06M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£58.90K
-4.12%
Volume (7D)
£442.67K
Volume (30D)
£1.65M
All time high
£2.17
Price Change (1Y)
-91.55%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of OAX has decreased by 0.55% in the last hour and decreased by 1.28% in the past 24 hours. OAX’s price has also fallen by 8.65% in the past week. The current price is £0.0106 per OAX with a 24-hour trading volume of £58.90K. Currently, OAX is valued at 99.51% below its all time high of £2.17. This all-time high was the highest price paid for OAX since its launch.
The current circulating supply of OAX is 95,812,246 OAX which means that OAX has as total market cap of £1,013,134.30.
Market details
OAX vs markets
↘ 94.82%
OAX vs BTC
↘ 95.45%
OAX vs ETH
↘ 91.56%
Tags
marketplace
substrate
polkadot
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x701C244b988a513c945973dEFA05de933b23Fe1D |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0106 | ↘ 1.28% |
1 Day | £0.0107 | ↘ 1.28% |
1 Week | £0.0108 | ↘ 8.65% |
1 Month | £0.0102 | ↗ 3.37% |
1 Year | £0.13 | ↘ 91.55% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
The OAX token (OAX) is the native of Ethereum divisible virtual token with up to 18 decimal places. According to the whitepaper of OAX, from utilizing decentralized or centralized exchanges to the times of ICOs and STOs and then the development of DeFi, the evolution of these technologies needs experts to come together for addressing the technical challenges. Moreover, the OAX Foundation aims to render optimal support in the space via tools, applications, technology, and better community support.
The openANX platform leverages the advantage of technical evolutions on the Ethereum blockchain, like payment channels, and uses the same to overcome the hurdles faced by the present CEM (centralized exchange model). The platform combines the solidities of the current CEM with the operations and attributes of the decentralized prototype while avoiding the drawbacks of both systems. OpenANX does so by leveraging the technological refinements and a peer-reviewed and enforced open-source code.
Furthermore, openANX co-opts the stability of the current model to enhance the existing decentralized exchange endeavors by linking the present exchange platforms (“asset gateways”) with the openANX platform and implementing a unique deposit system that offers users a method to estimate risk. Moreover, the model also provides an off-chain dispute resolution system to improve consumer protection.
The platform is transparent and subject to probe and intake from individuals and the broader community by being open-sourced. Rather than being a centralized authority, the ideal way to implement transparency is to document everything into the blockchain itself. The practice presents gateway services and bridging to decentralized exchange services for the Ethereum ERC20 tokens. These Ethereum tokens can be available in the native form or tokenized models of the off-blockchain assets.
Hence, the technology platform delivered by openANX obeys Ethereum smart contracts to handle and drive the market structure. Also, the platform is a standard implementation interface to enable better account administration and trading.
Hugh Madden, Dave Chapman, Claudia Lau, David Tee, and Ken Lo are the co-founders of the token.
We update our OAX to GBP currency in real-time. Get the live price of OAX on Coinbase.
The current market cap of OAX is £1.01M. A high market cap implies that the asset is highly valued by the market.
The all-time high of OAX is £2.17. This all-time high is highest price paid for OAX since it was launched.
Over the last 24 hours, the trading volume of OAX is £58.90K.
Assets that have a similar market cap to OAX include Asterix Labs, AgentLayer, ACA Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of OAX is 96 million.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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