About IDEX
IDEX is an Ethereum token that powers the IDEX decentralized exchange, which combines an order book and automated market maker (AMM). IDEX holders can stake tokens in order to help secure the protocol and earn rewards.
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Buyer Ratio
Traders
68
38.78%
Buyers
40
90.48%
Sellers
32
10.34%
Searched
66
Market Stats
Market Cap
€13.84M
-5.37%
FDV
€14.03M
Circ. Supply
987M IDEX
Max Supply
1B IDEX
Total Supply
1B IDEX
Total Value Locked
€27.67M
Diluted Valuation
€14.03M
Performance
Popularity
#876
Dominance
0%
Volume (24H)
€4.14M
9.82%
Volume (7D)
€29.36M
Volume (30D)
€121.39M
All time high
€0.87
Price Change (1Y)
-56.32%
Additional details
Market details
IDEX vs markets
↘ 60.53%
IDEX vs BTC
↘ 58.87%
IDEX vs ETH
↘ 57.5%
Tags
decentralized-exchange-dex-token
defi
derivatives
binance-listing
+1
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xB705268213D593B8FD88d3FDEFF93AFF5CbDcfAE |
Price history
Time | Price | Change |
|---|---|---|
Today | €0.0140 | ↘ 5.52% |
1 Day | €0.0148 | ↘ 5.52% |
1 Week | €0.0154 | ↘ 8.71% |
1 Month | €0.0181 | ↘ 22.06% |
1 Year | €0.0353 | ↘ 56.32% |
FAQ
IDEX (IDEX) is a unique hybrid liquidity decentralized exchange (DEX) that merges the features of a traditional order book model with an automated market maker (AMM). It aims to provide users with a seamless and efficient trading experience by combining an off-chain trading engine with on-chain trade settlement. This approach aims to eliminate the possibility of failed trades and unnecessary gas fees, allowing for instant trade execution and the implementation of advanced order types and trading strategies. IDEX operates on Ethereum and Binance Smart Chain and seeks to expand to other layer one and layer two blockchains in the future.
IDEX operates by using an off-chain trading engine to execute trades, matching the performance of centralized exchanges and ensuring sequencing. Trades are processed in an off-chain order book, and only when a trade is matched and executed, the transaction is settled on-chain. This method allows users to avoid additional network costs for placing and canceling orders. Moreover, placements are processed in real-time, enabling more advanced trading and market-making strategies. The AMM ensures liquidity by displaying virtual limit orders in the order book along with real limit orders, visualizing AMM liquidity in the order book model. IDEX uses smart contracts to decentralize fund custody and trade settlement, ensuring users maintain custody and can make markets without additional infrastructure.