Soldex Price (SOLX)

Soldex (SOLX) is a cryptocurrency exchange that operates on the Solana network. Differing from traditional exchanges, Soldex is a decentralized exchange (DEX) that enables users to trade directly with each other, eliminating the need for intermediaries. This non-custodial approach ensures that users maintain full custody of their tokens while trading. Soldex aims to leverage artificial intelligence, machine learning, and neural network algorithms to assist both retail and professional traders. It strives to address the challenges faced by other DEXs, such as slow transaction speeds and high costs, by enabling users to execute trades at a speed greater than 50,000 transactions per second for a cost of less than $0.00001 per transaction.

Soldex operates on the Solana network, which allows it to offer high-speed and low-cost transactions. It aims to use artificial intelligence and machine learning algorithms to assist users in their trading activities. These algorithms analyze market data, predict market risks, and execute buying and selling of assets based on pre-set conditions. This allows users to customize their trading strategies and adjust their risk exposure while maintaining custody of their funds. Soldex also encourages users to contribute assets and provide liquidity, which facilitates instant trades. The platform is governed by its community of token holders, who can vote on governance proposals or introduce new proposals for a vote.

Soldex aims to be used by both retail and professional traders who want to trade cryptocurrencies in a secure, efficient, and cost-effective manner. Its AI-powered trading features aim to assist users in analyzing market data, predicting market risks, and executing trades. This can be particularly useful for users who lack expert knowledge about trading. Additionally, Soldex aims to be used by businesses such as over-the-counter (OTC) desks and market makers to simplify complex settlement workflows. The platform also offers educational resources through the Soldex Academy, which aims to help new users become familiar with Solana and decentralized finance (DeFi) and its key concepts.

Soldex was developed to address the challenges faced by traditional and decentralized exchanges, such as slow transaction speeds, high costs, and the need for intermediaries. It was built on the Solana network, which allows it to offer high-speed and low-cost transactions. Soldex is a crypto exchange that aims to solve the issues faced by order-matching centralized exchanges and trustless custody within current decentralized exchanges. It aims to use advanced machine learning and neural network algorithms to assist users in their trading activities. Soldex aims to be a DEX platform on the Solana network.

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The current market cap of Soldex is $66.70K. A high market cap implies that the asset is highly valued by the market.

The all-time high of Soldex is $0.0911. This all-time high is highest price paid for Soldex since it was launched.

Over the last 24 hours, the trading volume of Soldex is $33.87K.

Assets that have a similar market cap to Soldex include Ares Protocol, Genesis Worlds, Polis, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Soldex is 420 million.