# Announcement on MDEX Team's Completion of MDX Token Buyback and Burn Equivalent to 3 Million USDT

Dear MDEX Global Users,

As of now, the MDEX team has completed the buyback and burn of MDX tokens equivalent to 3 million USDT, with a total of 99,610,534.43 MDX tokens burned. This effectively reduces the number of MDX tokens in market circulation.

**Details of the buyback and burn are as follows:**

Burn Black Hole Address: 0x000000000000000000000000000000000000dEaD

**Buyback and Burn Network: BNB Chain**

－Burn Hash: 0x8735eaa3c0105be342a7e744bec544ceaedae965dedaa76d32dfd3f4c78b80af －Burn Quantity: 19,999,979

－Burn Hash: 0x467d0459825c90bb74a38855e5f80c2afce8d5b9681e6149c7fb09e51623e257 －Burn Quantity: 9,999,979

－Burn Hash: 0xbab2d48005020ec34f65ba626837cd72effdac50a9d7ca1328a01dc588540f8d －Burn Quantity: 4,611,364.43

**Buyback and Burn Network: Ethereum**

－Burn Hash: 0xb5c24eb2c6ce4eed7bf760a3dc966b8f89c454e7c58be00b4cfe6797d5266aa0 －Burn Quantity: 9,999,786

－Burn Hash: 0xbe12b1d9085fab664de1bd4dcce77fbd8e938881aecef964110a3fe30931e09f －Burn Quantity: 29,999,713

－Burn Hash: 0xf07b2f7bf99852f3a81e40b4f19cfda225d786a6abc49926db789a1d7a6c96de －Burn Quantity: 24,999,713

We will continue to dedicate ourselves to optimizing the MDEX platform, enhancing user experience, and providing higher quality trading services to our global users. Thank you for your continuous support of MDEX!

MDEX Team&#x20;

July 24, 2024


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