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Mdex

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TypeDeFi
ServiceDencentralized Exchange
TokenMDX[1]
IndustryBitcoin exchange
Websitemdex.com

MDEX[2] is a decentralized exchange (DEX) and a DeFi platform that built on Binance Smart Chain - (Known as BSC, now is the largest exchange in the world in terms of daily trading volume of cryptocurrencies), Huobi ECO Chain (HECO) and Ethereum network and that facilitates "dual mining" of liquidity and trade mining. It operates similarly to Uniswap or PancakeSwap DEXes, allowing users to exchange every pair of crypto assets through its pools and automated market-making (AMM) mechanism.[3][4][5][6][7][8][9]

Development History of MDEX[edit]

  • On January 6, 2021, the project went online and deployed on the Huobi Eco Chain(HECO).
  • On March 30, 2021, MDEX Passes CertiK Security Audit with Flying Colors.[10][11]
  • On May 24, 2021, Binance has listed MDEX (MDX) in the Innovation Zone.[12][13]

[14]

  • On July 16, 2021,Huobi Eco Chain (HECO), announced MDEX is on of the 9 nodes that surpassed 1 million votes each in its Global Node Campaign.Nodes is seen as the an important indicator of the stability and decentralization of the HECO ecosystem.[15]
  • On October 2, 2021, MDEX announces its deployment on Ethereum Network.[16]
  • On October 7, 2021, MDEX ranked at number 1 in terms of development activities,[17]

References[edit]

  1. "Mdex". Coinmarketcap.com. Coinmarketcap.
  2. NewsBTC. "MDEX.COM Holds Top DEX Ranking on Coinmarketcap and Coingecko". markets.businessinsider. Businessinsider. Retrieved 15 Mar 2021.
  3. Adaline, Fritz. "Top 5 Cryptocurrency Decentralized Exchanges". washingtonindependent. The washington independent.
  4. cryptonews. "Top 10 Decentralized Exchanges (DEX) in 2022". cryptonews. .
  5. MARTIN, YOUNG. "Huobi Eco Chain's TVL surges to $2.7B, but two DApps represent 86% of locked assets". cointelegraph. cointelegraph.com/news. Retrieved 8 Jun 2021.
  6. Ajibola, Akamo. "Shiba Inu DeFi, ShibaSwap surpasses $1 billion in total value locked". nairametrics. Retrieved 11 July 2021.
  7. 博链财经, 企鹅号. "MDEX开启双链挖矿,TVL逼近50亿美元". new.qq.com/. Tencent.
  8. 项目动态. "上线币安智能链BSC只是MDEX的第一步". theblockbeats. 律动.
  9. LISBON, Portugal. "The Highest APR Of MDEX's Entire Network LP Gives Liquidity Providers Higher Returns". finance.yahoo. Yahoo/BUSINESS WIRE. Retrieved 22 December 2021.
  10. "MDEX Passes CertiK Security Audit with Flying Colors". bitcoinist.
  11. "Mdex". certik.com/. certik.
  12. "Binance Will List Mdex (MDX) in the Innovation Zone". Binance.com/.
  13. 佛系持币的先生. "MDEX跨链币安:DEX新的龙头呼之欲出". 金色财经. www.jinse.com. Retrieved 6 April 2021.
  14. 加密乌托邦. "MDEX上线币安,是行业大事件". 火星财经. news.huoxing24.com. Retrieved 27 May 2021.
  15. Yahoo, Finance. "Huobi Eco Chain (HECO) Reveals Nodes with 1M+ Votes". Finance.yahoo.com/news/.
  16. "Announcement on MDEX's deployment on Ethereum Network". mdexdoc.gitbook.io.
  17. Ibis. "Here's what 10 busiest DeFi projects in September have been working on 🏗️". insights.santiment.net/.}


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