IDEX is the native token of the IDEX decentralized exchange, which combines off‑chain order books with on‑chain settlement to reduce failed trades and improve user experience.
Currently trading around ~$0.009–$0.0095 USD, the token remains deeply below its all‑time high near $0.94, highlighting prolonged weakness and micro‑cap status.
Recent price action shows mild declines over 7‑day and 30‑day periods, with technical indicators below key moving averages suggesting bearish momentum persists.
Binance placed IDEX on its Monitoring Tag list, which can discourage investors and add selling pressure due to perceived regulatory risk.
Adoption catalysts like fiat gateway expansion, multi‑chain perpetuals, and enhanced governance aim to improve utility, but tangible impact on price remains limited.
@IDEX $IDEX #IDEX.... #idex