About SmarDex
SDEX is the token from the first DEX on the planet to fix Impermanent Loss. It is explained in a scientific paper here:
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Searched
18
Market Stats
Market Cap
$53.96M
1.57%
FDV
$58.85M
Circ. Supply
9.2B SDEX
Max Supply
10B SDEX
Total Supply
10B SDEX
Total Value Locked
$3.14M
Diluted Valuation
$58.71M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$324.61K
16.17%
Volume (7D)
$2.22M
Volume (30D)
$8.43M
All time high
$0.0262
Price Change (1Y)
-68.54%
Additional info about SmarDex
Recent trends
The latest SDEX price is $0.0059. Compared to SmarDex's value of $0.01 from 24 hours ago, there's been a 1% increase, while the current price is 6% up from $0.01 which was recorded one week ago. SmarDex's all time high is $0.0262, which was reached on March 12, 2024. This is a -78% change from its price today.
The current circulating supply of SmarDex is 9,168,810,166. This is 92% of its max supply of 10,000,000,000 SDEX and 92% of its total supply of 10,000,000,000. The market cap is currently $53.96M, which is a result of multiplying the current price of SmarDex($0.01) by the total supply(10,000,000,000 SDEX). The fully diluted valuation of SmarDex is $58.85M. The diluted valuation of SmarDex is $58.85M.
Market details
SDEX vs markets
↘ 76.15%
SDEX vs BTC
↘ 79.32%
SDEX vs ETH
↘ 52.3%
Tags
decentralized-exchange-dex-token
defi
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0x5DE8ab7E27f6E7A1fFf3E5B337584Aa43961BEeF | |
BNB Smart Chain | 0xFdc66A08B0d0Dc44c17bbd471B88f49F50CdD20F | |
Polygon | 0x6899fAcE15c14348E1759371049ab64A3a06bFA6 | |
Base | 0xFd4330b0312fdEEC6d4225075b82E00493FF2e3f |
Price history
Time | Price | Change |
---|---|---|
Today | $0.0059 | ↗ 1.42% |
1 Day | $0.0058 | ↗ 1.42% |
1 Week | $0.0055 | ↗ 6.02% |
1 Month | $0.0046 | ↗ 26.82% |
1 Year | $0.0187 | ↘ 68.54% |
FAQ
SmarDex (SDEX) is a participant in the decentralized finance (DeFi) landscape, with the intention to optimize the functionality of decentralized exchanges (DEXs). It introduces a unique technology that aims to mitigate the issue of Impermanent Loss, and in certain scenarios, even generate Impermanent Gain. This approach is supported by mathematical proof, highlighting its potential effectiveness. SmarDex's protocol emphasizes the importance of continuous research and innovation in the DeFi space, with the goal to provide new opportunities for users, developers, and liquidity providers. The platform also strives to reduce fees, aiming to create a more incentivized environment for liquidity providers.
SmarDex operates by introducing a new technology that manages liquidity differently, using a concept known as Fictive Reserve (FR). This technology strives to address the significant challenge of Impermanent Loss (IL) that arises when users provide tokens to a liquidity pool, and the price of those tokens changes. Previous attempts to solve IL have been unsuccessful, but SmarDex's protocol intends to be the first to effectively address this issue. The platform also aims to lower fees from the traditional 0.3% seen in other DEXs to 0.07% for SmarDex, with 0.05% for liquidity providers (LPs), and 0.02% for an SDEX staking pool.
SmarDex aims to provide a platform where both liquidity providers and users wishing to swap their tokens can benefit from optimized market conditions. By addressing the issue of Impermanent Loss and potentially generating Impermanent Gain, SmarDex seeks to offer a more efficient and beneficial environment for liquidity providers. This could potentially open up new opportunities in the DeFi space, as it strives to provide a more incentivized and cost-effective platform for token swapping and liquidity provision.
SmarDex is a result of ongoing research and innovation in the DeFi space. It was developed to address the significant challenge of Impermanent Loss in decentralized finance, a problem that had previously remained unsolved. The platform's unique approach to managing liquidity using Fictive Reserve (FR) is a result of this research. SmarDex's protocol is supported by mathematical proof, highlighting its potential effectiveness in addressing the issue of IL. The platform's development emphasizes the importance of continuous innovation in the DeFi space, as it aims to provide new opportunities for users, developers, and liquidity providers.
We update our SmarDex to USD currency in real-time. Get the live price of SmarDex on Coinbase.
The current market cap of SmarDex is $53.96M. A high market cap implies that the asset is highly valued by the market.
The all-time high of SmarDex is $0.0262. This all-time high is highest price paid for SmarDex since it was launched.
Over the last 24 hours, the trading volume of SmarDex is $324.61K.
Assets that have a similar market cap to SmarDex include ISLM, Roam, BENQI, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of SmarDex is 9.2 billion.
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