Welcome to MDEX.COM
MDEX.COM supports the decentralized cross-chain transaction protocols of BSC, HECO and ETH, and ranks first in the DEX rankings by CoinMarketCap and CoinGecko. MDEX.COM innovatively combines the different advantages of various basic public chains, and creates a well-rounded and composite DEX ecosystem with high performance. The "dual mining" mechanism of liquidity mining and transaction mining brings greater returns to the participants, and the transaction fee “repurchase and burn” mechanism realizes a closed and self-driven loop for value capture. It runs on the HECO,ETH and Binance Smart Chain (BSC). Users can use MDEX Bridge to realize cross-chain interoperability between HECO, ETH and BSC.
MDEX is committed to establishing a composite DeFi ecosystem that integrates DEX, IMO, and DAO, providing one-stop liquidity services for more high-quality assets, and providing users with a more secure, reliable, diverse, and cost-effective trading experience. For cryptocurrency trading, MDEX.COM is definitely the greater, faster, better and cheaper choice!
MDEX currently has five major sectors: Swap (including transaction mining), Liquidity mining, Boardroom, IMO, and Fun Buyback.
Swap (including transaction mining): MDEX currently supports most token transactions on HECO and BSC. Besides the deep, fast, diversified transactions, users can receive transaction fee subsidies during the transaction process.
Liquidity mining: Obtain MDX token rewards by staking LP after adding liquidity on HECO or BSC.
Boardroom: Boardroom supports LP and single token staking to obtain MDX rewards. The rewards are purchased and distributed by the project party through the secondary market. For specific trading pairs that can participate, please click on the Boardroom to view.
Bridge: Through the MDEX Bridge, users can perform cross-chain transactions with one click. Users can click “How to conduct cross-chain” for detailed tutorials.
DAO: DAO governance gives users the authority to lead the development of the ecosystem directly or indirectly.
All users who participate in the MDX boardroom lock-up (30 days, 90 days, 180 days, 365 days) can manually collect the vouchers (xMDX) on the boardroom staking page. Users with the lock-up vouchers have rights to participate IMO, director election, director voting, community proposals voting, etc.
Milestones of MDEX
On January 19, 2021, MDEX.COM officially launched transaction mining and liquidity mining.
On the same day, the TVL was $275 million, and daily trading volume was $521 million
On January 26, 2021, MDX was listed on Huobi Global, with a maximum increase of 800% on that day.
On February 4, 2021, the boardroom reward mechanism was launched. As of today, the distributed reward has exceeded $220 million, while there is still over $288 million reward that needs to be distributed.
On February 6, 2021, MDEX boardroom started the “repurchase and burn”. As of today, it has repurchased and burned more than 48.09 million MDX, worth over $141 million.
On February 20, 2021, it became the world's No. 1 DEX. The 24H transaction volume on that day exceeded $3.1 billion, which was close to the sum of the trading volume of PancakeSwap and UniSwap, which are the second and third biggest DEXes respectively.
On March 10, 2021, the cumulative transaction volume exceeded $100 billion, which was 2.83 times that of SushiSwap.
On March 17, 2021, MDEX’s TVL exceeded $2 billion, with daily transaction volume of $2.17 billion, surpassing UniSwap.
On April 8, 2021, MDEX.COM was deployed on BSC, with TVL exceeding $1.5 billion in 2 hours.
On April 20, 2021, the cumulative transaction volume of MDEX on HECO and BSC approached $200 billion, and the 24H transaction volume exceeded the sum of UniSwap+PancakeSwap+SushiSwap. On April 27, 2021, the 24H transaction volume of MDEX ranked first in DEX, and the transaction volume could rank 19th in CEX, surpassing ZB, FTX, HOO, Gate
On April 30, 2021, the average daily visit of MDEX.COM was 188,800, and the average daily pageview (PV) was nearly 1 million.
On May 12, 2021 MDEX’s TVL on HECO and BSC exceeded $5.7 billion. On May 14, 2021, the 24H revenue of MDEX exceeded its daily reward for the first time, and the daily reward was $6.9 million.
On May 24, 2021, MDX was listed on Binance Innovation Zone, with a highest price increase of 60.53%. The 24H transaction volume of MDX on BSC hit a record high, exceeding 201 million MDX. On May 25, 2021, COW, one of MDEX’s Phase I IMO projects, raised $380 million in the IMO.
On June 1, 2021, 464,000 MDX participated in the first "Burning Black Hole", and 417,600 MDX was burned in the end.
On June 5, 2021, the output of MDX was halved for the first time, with the daily output dropping from 4.6 million to 2.3 million.
On July 19, 2021, the boardroom lock-up plan was launched. The total lock-up rate on that day was 89.26%, and the dual-chain lock-up volume exceeded $600 million.
On July 22, 2021, the new version of the market function was launched.
On August 25, 2021, MDEX Foundation officially announced the brand-new ecological development plan-- Hunter, with a fund size up to 30 million US dollars
On September 2, 2021, MDEX launched the DAO governance function, giving MDEX users the right to lead the ecological development directly or indirectly.
On September 9, 2021, MDEX officially launched the DAO governance lock-up voucher xMDX. Users with the lock-up vouchers can participate in the IMO, director election, director voting, and community proposal voting.
On September 13, 2021, MDEX completed the Phase II IMO, staking over US$350 million.
On September 18, 2021, MDEX officially starts the first global director election.
On September 25, 2021, MDEX officially launched the DAO community proposal.
On October 8, 2021, MDEX.COM was successfully deployed on the Ethereum network.