$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
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Comdex offers a protocol for creating synthetic assets and enabling their exchange. It supports Comdex’s goal of making finance more accessible by turning many real-world assets into digital, tradeable representations that investors can access worldwide. Grounded in interoperability, Comdex’s solutions are designed to work together-bringing liquidity together across multiple DeFi ecosystems and helping route it into CeFi. Synthetic assets help realize this plan by connecting Crypto ecosystems with financial instrument markets.
The Comdex synthetics exchange enables on-chain creation and trading of synthetic assets. The synthetics minted on-chain are referred to as ‘cAssets.’ For every commodity available on the platform, there is a corresponding ‘cAsset’ token that can be traded on the ‘cSwap,’ Comdex’s AMM module.
The key stakeholders involved on the platform include:
Traders. Traders use the platform to try to generate profit from movements in the prices of cAssets on cSwap. Minters/Borrowers. Minters create the first liquidity for cAssets on the platform. They can deposit and lock a variety of Cosmos assets to mint cAssets. The collateralized debt position (CDP) that results can be closed once the user repays the cAsset debt, allowing their locked collateral to be released.Liquidity Providers. Liquidity providers aim to earn trading fees and CMDX token rewards by supplying liquidity as cAsset pairs into liquidity pools on the cSwap. For each supported cAsset, they can supply liquidity aligned to long or short position logic.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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