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What is MDX?
This is a crypto project currently serving as a leading DEX built on the Huobi Eco Chain. Mandal Exchange (MDEX) utilizes the Automated Market Maker technology to fund their liquidity pools.
The team behind the platform wants to provide a wide selection of digital assets which can be used in a safe and reliable atmosphere. The reason why there are many new decentralized exchanges on the Huobi blockchain is that the number of Ethereum based DEXs has grown exponentially.
This made the Ethereum blockchain more congested and consequently led to increased gas fees. The project was funded in 2017 to be a revolutionary blockchain-based exchange for digital assets and cryptos. However, the mining activity started in January of 2021. The exchange also has its native token which is rather flexible and is trading under the MDX tag.
