$0.03474253
- Market Cap$5,759,004.105
- 24 Hour Trading Vol$13,768.585
- Fully Diluted Valuation$6,663,512.296
- Circulating Supply165,754,409
- Total Supply191,796,952
- Max Supply191,796,952
- Comdex Price$0.03474253
- Trading Volume$13,768.585
- Market Cap$5,759,004.105
Loading...
Comdex presents a synthetic asset creation and exchange protocol. This protocol plays a crucial role in Comdex’s mission to democratize finance. The creation of digitally tradeable representations of a wide range of assets enables investors to have global accessibility in finance. Built with the core fundamentals of interoperability, Comdex’s ecosystem of solutions can work synergistically to aggregate liquidity from multiple DeFi ecosystems and facilitate its flow into CeFi. Synthetic assets lay the foundation for fulfilling this vision by creating bridges to Crypto ecosystems and financial instrument markets.
The Comdex synthetics exchange facilitates the creation and trading of synthetic assets on-chain. Minted synthetics on the chain are called ‘cAssets.’ Each commodity listed on the platform has its own unique ‘cAsset’ token tradable on the ‘cSwap,’ which is the AMM module of Comdex.
The key stakeholders involved on the platform include:
Traders. Traders are users of the platform who intend to profit on the movement of the prices of cAssets on cSwap. Minters/Borrowers. Minters are users who create the initial liquidity of cAssets on the platform. These users can lock up a range of Cosmos assets to mint cAssets. The collateralized debt position (CDP) created can be closed when the user returns the cAsset debt to unlock their locked collaterals.Liquidity Providers. These users intend to earn trading fees and CMDX token rewards by providing liquidity in the form of cAsset pairs to liquidity pools on the cSwap. Users can provide long or short position-based liquidity for each listed cAsset.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
|---|
