$0.00010815

Mdex is an automated market-making decentralized exchange that uses a fund-pool approach. While it works much like other DEX platforms, it also introduces a dual-chain DEX framework built on the Huobi Eco Chain and Ethereum. This model aims to pair the low fees of the Huobi Eco Chain with the activity of the Ethereum ecosystem, and it supports dual mining for liquidity and transactions.

MDX, functioning as a governance token, forms a key part of MDEX's ecological rollout. The team is steadily extending its use cases and shaping a broader value system. Token buyback and burn fees for MDX create a closed, self-sustaining cycle for value capture. At present, MDEX conducts repurchase and burn activities worth thousands of dollars each day, strengthening community confidence in MDX.

MDEX enables staking for a single token. Users can stake MDX in the Boardroom to earn more MDX, and during the designated time window, they can also stake MDX to mine other ecosystem tokens such as HT and BNB. Transaction mining rewards are designed to help cover users’ transaction demand. On centralized exchanges, the transaction fee is 0.2%, whereas transactions on MDEX can be as low as $0.1 cents; transaction mining income further offsets these costs, making MDEX transactions effectively free.