About HMX
What is the project about? HMX is a decentralized perpetual exchange with a cross-margin and multi-asset collateral support on Arbitrum. What makes your project unique? HMX offers the following unique features to users: 1.) Leveraged Trading (Cross-Margin & Multi-Collateral Management Support): Users can open up to 1,000x leveraged long or short positions on many asset classes including Cryptocurrency, Forex, Equity, and Commodities. HMX also accepts various crypto assets as collateral with a cross-margin collateral support, allowing for flexible position and risk management strategies. 2.) Leveraged Market Making (HLP Vault): Users can simply deposit assets into the HLP vault to become market makers on HMX. HLP vault is unique because it is built on top of GMX's GLP token. This means that the liquidity deposited into the vault will be used to market make for traders both at GMX AND HMX. Depositors continue to earn all of the yields from GMX while also earning additional yields from fees generated on HMX. History of your project. The team behind HMX Exchange are experienced traders and DeFi users. We recognize the major pain points faced by our fellow traders with the current available platforms in the market, especially with the failure of many centralized trading platform in 2022. We want to build a platform with great UX/UI, allowing anyone to trade with low-fees, and let participants earn and prosper together with the platform. HMX is backed by DeFi veterans including CoralDeFi, CryptoMind, CompoundCapital and other angel investors. What’s next for your project? Some of the highlights from our RoadMap include: - Cross-chain Expansion: Expand HMX to other chains to grow the ecosystem. Other up and coming L2 chains such as zkSync and Starknet, etc. are our priorities. - Listing additional markets: Expand the selection of assets users can trade on HMX. - Grow HMX Userbase and Community: Grow HMX through various marketing campaign and initiatives - AMAs, paid marketing, trading competitions, etc. What can your token be used for? Below are the current and planned utilities for HMX token: - Earns 25% share of protocol revenue in stablecoins when staked (shared with staked esHMX & DP) - Earns a share of esHMX token emission when staked - Earns Dragon Points (DP) at 100% APR when staked - Receive governance voting rights to help shape key decisions on the development of HMX exchange (coming soon...) - Receive tiered trading fee discount when staked (coming soon...)
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Trading Insights
Searched
3
Market Stats
Market Cap
$1.01M
-2.75%
FDV
$2.37M
Circ. Supply
4.3M HMX
Max Supply
10M HMX
Total Supply
10M HMX
Diluted Valuation
$2.36M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$80.96K
1.21%
Volume (7D)
$606.47K
Volume (30D)
$2.60M
All time high
$11.70
Price Change (1Y)
-92.35%
Additional details
Market details
HMX vs markets
↘ 95.17%
HMX vs BTC
↘ 95.69%
HMX vs ETH
↘ 92.76%
Tags
decentralized-exchange-dex-token
defi
derivatives
dapp
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x83d6c8C06ac276465e4C92E7aC8C23740F435140 | |
Arbitrum | 0x83d6c8C06ac276465e4C92E7aC8C23740F435140 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.24 | ↘ 2.71% |
1 Day | $0.24 | ↘ 2.71% |
1 Week | $0.25 | ↘ 5.18% |
1 Month | $0.34 | ↘ 29.95% |
1 Year | $3.09 | ↘ 92.35% |
Coinbase insights
Recent trends
The latest HMX price is $0.24. Compared to HMX's value of $0.24 from 24 hours ago, there's been a -3% decrease, while the current price is -5% down from $0.25 which was recorded one week ago. HMX's all time high is $11.70, which was reached on March 14, 2024. This is a -98% change from its price today.
The current circulating supply of HMX is 4,280,291. This is 43% of its max supply of 10,000,000 HMX and 43% of its total supply of 10,000,000. The market cap is currently $1.01M, which is a result of multiplying the current price of HMX($0.24) by the total supply(10,000,000 HMX). The fully diluted valuation of HMX is $2.37M. The diluted valuation of HMX is $2.37M.
FAQ
We update our HMX to USD currency in real-time. Get the live price of HMX on Coinbase.
The current market cap of HMX is $1.01M. A high market cap implies that the asset is highly valued by the market.
The all-time high of HMX is $11.70. This all-time high is highest price paid for HMX since it was launched.
Over the last 24 hours, the trading volume of HMX is $80.96K.
Assets that have a similar market cap to HMX include HurricaneSwap Token, NFMart, Drac (Ordinals), and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of HMX is 4.3 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#4279
Contributors
289
Posts
544
% About HMX
0.002%
Hold times
0 days
X (Twitter)
87.62% bullish
Sentiment
5.0 ★
Highlights
289 unique individuals are talking about HMX and it is ranked #4,279 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, HMX has an average sentiment score of 100 out of 5. Finally, HMX is becoming less newsworthy, with 0 news articles published about HMX.
On Twitter, people are mostly bullish about HMX. There were 87.62% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about HMX. 12.38% of tweets were neutral about HMX. These sentiments are based on 50 tweets.
On Reddit, HMX was mentioned in 68 Reddit posts and there were 227 comments about HMX. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.