Business Network New York
Products and Services:2,659
Articles and publications:27,521 (+3)
Tenders & Vacancies:17

MDEX: Rising to The DEX Challenge, A Contender for UniSwap and SushiSwap
Information may not be reliable

MDEX: Rising to The DEX Challenge, A Contender for UniSwap and SushiSwap
The new kid on the block, MDEX is causing a stir in DEX (decentralized exchange) waters.

The new kid on the block, MDEX is causing a stir in DEX (decentralized exchange) waters. Launching mining on January 19th, in 8 days the MDEX total liquidity pool (LP) pledge amount exceeded USD 1 billion, and the 24-hour transaction volume exceeded USD 1.4 billion, surpassing the market’s most popular DEX duo, UniSwap and SushiSwap. Currently the TVL (Total Value Locked) on MDEX is USDT 1.055 billion.

Low Fees on HECO and Access to Ethereum’s Extensive Ecosystem

As an automatic market-making (AMM) DEX based on the concept of fund pools, MDEX implements a mix-chain model on Ethereum and HECO (Huobi Eco-Chain). It effectively leverages on the low transaction fees of the HECO chain and the broad, far-reaching Ethereum ecosystem.

MDEX Dual Mining Innovation: Liquidity and Transaction Mining

MDEX supports the "dual mining mechanism" of DEX-based AMM liquidity and transaction mining.

At the base of dual liquidity mining, transaction mining is equivalent to adding a layer of "leverage". The deposits of all funds not only increases the AMM liquidity but supports trading activities.

Regardless of DEX or CEX (centralized exchange), the battle of the exchanges has always been one for liquidity. Both liquidity and transaction mining methods have proven to be tried-and-true methods in helping exchanges gain liquidity in a short period of time.

Tokenomics Model

The total supply of MDX is 1 billion and the allocation is as follows:

- Team: 10%

- Investors: 7%

- Marketing: 3%

- Mining: 80%


MDX is Deflationary with Repurchase and Burn + Repurchase and Reward

A good token economic mechanism is essential to sustain liquidity mining. Unlike most DEX tokens, MDEX has introduced a "repurchase and burn" and "repurchase and reward" mechanism, in a bid to enhance the  financial value of the MDX token.

After the launch of MDEX mining, 66% of the income of the daily transaction fees will be split into two parts, 30% of which will be used to buy back MDX for burning. The remaining 70% will be used to buy HT (Huobi token) and a small portion of MDX from the secondary market to reward those who stake MDX.

At the time of this writing, the amount of MDX repurchased is 2.72 million and its real-time deflation rate is at 5.2%.

Secure and Committed

MDEX is audited by leading blockchain security audit firm CodeSafe and is committed to building the largest DeFi platform integrating DEX, IMO and DAO on the HECO and Ethereum chains.

For more details about MDEX, please visit the Official Website:

MDEX Official Channels:




view all (947)

Other articles and publications:

The auction saw sustained passion for rare and never-before-seen lithographs from the Art Nouveau and Art Deco eras, continuing PAI’s streak of $2 million auctions this year.
The auction, with over 500 lots of stage-used guitars, autographs and personal relics from the greatest names in rock ‘n’ roll, is online now for viewing and bidding: www. IconicAuctions. com.
The auction is online now for viewing and bidding at IconicAuctions. com. The Beatles, Led Zeppelin and Eddie Van Halen are also featured.
Lasting only ten seconds, the $COW IDO was oversubscribed on the MDEX platform, collecting the equivalent of USD 1.5 million in MDX, HT and BNB tokens.
The leading decentralized cross-chain trading protocol MDEX. COM has pulled off quite the coup, with its MDX token listing on top exchange Binance
Fast-growing Heco-based MDEX recently announced their record breaking daily transaction volume of USD 5.05 billion.

Articles and publications of other companies:

The importance of KYC/AML is being recognized by companies worldwide, particularly as this has led to lower fraud, better compliance, and higher efficiency.
If you are looking for help, this blog will help you fix the Unidentified Network No Internet issue.
If you begin your Windows 10 computer and find all of your Desktop icons not showing in Windows 10 and don’t know how to repair it, check these ways below to revive desktop icons Windows 10.
How to Activate Dark Mode on Windows 11? How to Activate Dark Mode on Windows 11?
Information is out of date
This short tutorial will show you how to activate dark mode on Windows 11 for everything that supports Windows color mode.
MLM companies need the best software to make their tasks easier. Understanding this, MLMSoftware. one offers user-friendly MLM Software with the best set of features and attractive deals.
Follow the steps mentioned above, and hopefully, the SrtTrail. txt BSoD error in Windows 10 can be fixed through these methods.
Business details
  • +1 (987654) 321-0
  • 1575nd Ave. Suite 7J
PR Pocket is a Public relations agency offering paid distribution service. PR Pocket founded to help small, medium and large businesses and organisations get reach and publicity on the web