IDEX Price (IDEX)

Currency:
IDEX to VND:
1 IDEX equals ₫ 1,693.85 VND-10.85%1D
Page last updated: 2024-12-11 08:27 (UTC+0)
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Note: This information is for reference only.

Price of IDEX today

The live price of IDEX is ₫ 1,693.85 per (IDEX / VND) with a current market cap of ₫ 1,367.76B VND. 24-hour trading volume is ₫ 1,312.87B VND. IDEX to VND price is updated in real-time. IDEX is -10.85% in the last 24 hours with a circulating supply of 807.49M.
IDEX Price History VND
Date ComparisonAmount Change% Change
Today₫ -206.11-10.85%
30 Days₫ 722.23+74.33%
60 Days₫ 721.53+74.21%
90 Days₫ 651.32+62.48%

IDEX Market Information

24h Low & High
Low: ₫ 1,527.87
High: ₫ 1,884.67
The highest and lowest price paid for this asset in 24 hours.
All Time High
₫ 24,727.76
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
-0.36%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-10.85%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
+12.32%
The percentage change in price for this asset compared to 7 days ago.

IDEX Market Information

Popularity
#663
Popularity is based on the relative market cap of assets.
Market Cap
₫ 1,367.76B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
₫ 1,312.87B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
807.49M
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
₫ 1,693.85B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2018-01-10

What Can You Do With IDEX (IDEX)?

Explore how to use your cryptocurrencies with Binance.

What is IDEX (IDEX)?

IDEX is a "Hybrid Liquidity DEX." IDEX combines an order book and matching engine with a traditional Automated Market Maker (AMM) to incorporate elements of both decentralized and centralized exchanges. It operates on Polygon's Matic Network. IDEX allegedly provides users with order book features and AMM security and liquidity. Using real limit and stop-loss orders, IDEX purportedly enables traders to obtain desirable spreads, provide liquidity, and avoid failed transactions. The platform is powered by the ERC-20 token $IDEX.

IDEX allows users to maintain full custody of their cryptocurrency funds while allegedly ensuring security. The IDEX token serves as the underlying asset for all network operations. Thus users can use it as the primary payment method on the network.

IDEX relies on a Proof-of-Stake (PoS) consensus mechanism and employs equity and node operators to protect the network and validate transactions. IDEX holders can stake their IDEX to enable users to operate their staking node or delegate their IDEX to existing nodes. IDEX states that IDEX stakers collect 50% of all trade fees collected on the network.

According to the IDEX documentation, users can exchange BNB Chain and Ethereum-supported cryptocurrencies on the decentralized exchange. Additionally, the development team announced that IDEX would integrate with Polkadot and other networks in the future. The current price of IDEX is live-tracked on Binance.

People Also Ask: Other Questions About IDEX

  1. What is IDEX Used For?

    IDEX is the native token on the platform and is available on both BNB Chain and Ethereum. The IDEX token is the primary means of exchange on the platform. However, IDEX notes that IDEX token holders can stake their IDEX tokens to receive a 50% of all transaction fees. Furthermore, users interested in operating nodes can stake IDEX to become verified node operators to validate transactions on the IDEX Proof-of-Stake consensus algorithm. IDEX claims that the more staked revenue is provided to the ecosystem, the more liquidity is available, which purportedly increases trading volume, thus allegedly increasing IDEX price.

  2. Who is the Founder of IDEX Founder?

    IDEX was co-founded in 2016 by CEO Alex Wearn and COO Phil Wearn. Alex Wearn previously worked at Amazon as a Senior Product Manager, while Phil Wearn founded another exchange, EtherEX.

    In 2020, IDEX raised $2.5 million in a funding round led by Borderless Capital.

  3. What is the Maximum Token Supply of IDEX?

    At the time of writing, the maximum supply of IDEX is 1 billion IDEX, with a circulating supply of 673,858,614 IDEX. 

  4. What Makes IDEX Different From Others?

    IDEX claims that while most DEX platforms use an automated market maker model to execute buy and sell orders, IDEX uses an order book with a centralized system for order matching. IDEX argues that centralization within this system is used to purportedly ensure instant execution and fast processing of all off-chain transactions.

  5. How To Buy IDEX (IDEX)?

    IDEX (IDEX) can be purchased directly from Binance. The live price of IDEX is updated in real-time on Binance. Additionally, IDEX price and purchase information is available for users in our How To Buy IDEX (IDEX) guide.

IDEX to Local Currency

FiatPriceOperation
1 IDEX to USD$ 0.066754
1 IDEX to TRY$ 0.066754
1 IDEX to RUB$ 0.066754
1 IDEX to EUR$ 0.066754
1 IDEX to AED$ 0.066754
1 IDEX to AUD$ 0.066754
1 IDEX to BRL$ 0.066754
1 IDEX to VND$ 0.066754
1 IDEX to IDR$ 0.066754
Last updated 2024/12/11 08:27 (UTC)

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