MDEX.COM
English
English
  • Welcome to MDEX.COM
  • MDEX LightPaper
  • Meta-Elephant NFT
  • Guids
    • MDX cross-chain to Ethereum (ERC20) operational guide
    • Anti-Scam Guide
    • Farming by Voting Plan
      • Voting tutorials
    • DAO Governance Rules
      • Governance voucher Guide
      • Director Election and Voting Guide
      • Community Proposal Voting Guide
      • Community Proposal Guide
      • DAO Governance FAQ
    • New “Market” Tutorial of MDEX
    • Manual for MDEX order book function
    • Tutorial Guide on Referral Rebate
    • Boardroom Lockup Tutorial
    • Boardroom Staking Pool Release Tutorial
    • How to use the wallet
      • How to create a wallet and enter the MDEX trading interface on mobile
      • How to install MetaMask wallet in browser and configure the mainnet
    • How to conduct liquidity mining
      • PC Version
      • Mobile Version
    • How to create a liquidity pool on the MDEX platform?
    • How to trade mining
      • Mobile Version
      • PC Version
    • Futures Trading
      • Crypto Futures Explained
      • Funding Rate
      • Transfer Funds into Your Futures Wallet【Website】
      • Changing the Leverage Multiplier
      • How to change Margin Mode
      • How to use the MDEX Futures Calculator
      • Beginner's Guide to Futures Trading
      • MDEX Futures Transaction Fees
      • Mark Price in USDⓈ-M Perpetual Futures Contracts
      • MDEX Futures Liquidation Protocol
      • Order Types
      • What is a Stop Order
      • What is a Trailing Stop Order
      • Types of Position Mode
      • Leverage and Margin for USDⓈ-M Perpetual Futures Contracts
      • Why Can't I Place a Futures Order?
      • USDⓈ-M Perpetual Futures Contract Specifications
    • How to conduct cross-chain
      • How to cross-chain USDT to BSC
      • How to cross-chain MDX to BSC
      • Guide for cross-chain SHIB from ETH to Heco
  • Announcement
    • Announcement on the HECO Network Shutdown and Clearance of Certain HECO Assets
    • Announcement on MDEX Team's Completion of MDX Token Buyback and Burn Equivalent to 3 Million USDT
    • Announcement on the Repurchase and Burn of MDX by MDEX
    • Announcement on Enabling ERC20 Network Deposits for MDX on HTX Exchange
    • Announcement on the Official Deployment of MDEX NFT Marketplace on Polygon Network
    • An announcement on the thirteenth halving of MDX production
    • Join the MDEX NFT Market (BNB Chain) Trading Competition and Win a Total Reward of 500U worth of MDX
    • Announcement on the Official Deployment of MDEX NFT Marketplace on the Ethereum Network
    • Announcement Regarding the Launch of NFT Trading Marketplace on MDEX (BNB Chain)
    • Announcement Regarding the Restart of Cross-Chain Bridge Functionality on MDEX
    • An announcement on the twelfth halving of MDX production
    • MDEX officially deployed the OPBNB Network
    • MDEX's Third Anniversary: The Path of Flexibility Amidst Changes
    • An announcement on the eleventh halving of MDX production
    • MDEX advises users to convert their BUSD to other stablecoins by February 2024
    • An announcement on the tenth halving of MDX production
    • Announcement on the Addition of MDEX Team Wallet Address
    • Announcement on MDEX.COM has officially launched the Cross-Chain Bridge functionality
    • An announcement on the ninth halving of MDX production
    • Announcement on liquidity mining activities with Stader on MDEX (BSC)
    • Announcement on MDEX Officially Deployed on BitTorrent Network
    • MDEX is deploying BTTC Network and launching multiple activities with a total reward of $180,000
    • Announcement on UI upgrade of MDEX official website
    • An announcement on the eighth halving of MDX production
    • MDEX forges ahead with determination on its 2nd Birthday
    • Enjoy the Lowest Transaction Fee on BNB Chain on MDEX!
    • MDEX Referral System Updated Version (BNB Chain)
    • An announcement on the seventh halving of MDX production
    • Announcement on joint mining activities with BULL BTC CLUB(BBC) on MDEX (BSC)
    • Announcement on MDEX launches USDT-margined perpetual trading feature
    • An announcement on the sixth halving of MDX production
    • Announcement on joint mining activities with Trias on MDEX (HECO)
    • Announcement on joint mining activities with AQUANEE on MDEX (BSC)
    • An announcement on the fifth halving of MDX production
    • Announcement on upgrading of cross-chain scope backed by iSwap on MDEX protocol
    • MDEX upgrades its cross-chain scope by integrating with the cross-chain protocol iSwap
    • Announcement on joint mining activities with Platofarm (MARK、PLATO) on MDEX (HECO)
    • Announcement on joint mining activities with CoinsPaid (CPD) on MDEX (BSC)
    • Announcement on 4th halving of MDX
    • Announcement on results of 4th round Farming by Voting Plan
    • Announcement on introduction of innovation zone and first batch of shirtlisted projects
    • Announcement on commencement of 4th round of Farming by Voting
    • Announcement on the list of Meta-Elephant NFT on Binance NFT Marketplace
    • Announcement on results of 3rd round Farming by Voting Plan
    • Announcement on commencement of 2nd round of Farming by Voting
    • Announcement on 2nd round of joint mining activities with Juggernaut on MDEX.COM (BSC)
    • 2000 Pieces of Meta-Elephant Mystery Boxes Grab on OpenMeta Primary Whitelist + Public Sale
    • MDEX 1 year anniversary: looking back, we never forget why we started
    • Announcement on joint mining activity with AVNRich (AVN) on MDEX (BSC)
    • Announcement on joint mining activity with WonderHero (WND) on MDEX (HECO)
    • Announcement on results of 2nd round Farming by Voting Plan
    • Announcement on the launch of OpenMeta, an NFT service platform incubated by the MDEX Foundation
    • Announcement on joint mining activities with Atlantis Loans on MDEX (BSC)
    • Announcement on commencement of 2nd round of Farming by Voting
    • The burning of the lock-up revenue of MDEX team
    • Announcement on joint mining activity with WonderHero (WND) on MDEX (HECO)
    • Announcement on results of first-round Farming by Voting Plan
    • MDEX will launch a new voting function to select projects with the highest potential
    • Announcement on joint mining activities with SPACE SIP on MDEX (BSC)
    • Announcement on addition of liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on joint mining activities with BabySwap (BABY) on MDEX (BSC)
    • Announcement on unlocking of assets before maturity for time deposit in boardroom
    • Announcement on joint mining activities with Torum (XTM)on MDEX (HECO)
    • Announcement on joint mining activities with GINZA NETWORK (GINZA) on MDEX (BSC)
    • Announcement on joint mining activities with Deap coin (DEP)on MDEX (BSC)
    • Announcement on the third halving of MDX and the adjustment of allocation of its transaction fee
    • Announcement on joint mining activities with MetaversePRO(META) on MDEX.COM (BSC)
    • Announcement on joint mining activities with Rici Elon (RICI) on MDEX (BSC)
    • Announcement on addition of liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on addition of liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on addition of liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on joint mining activities with BNB Hero (BNBH) on MDEX (BSC)
    • Support Plan for projects in META and GameFi sector from MDEX Foundation
    • Announcement on upgrade of referral program on MDEX
    • Announcement on joint mining activities with Juggernaut(JGN) on MDEX.COM (BSC)
    • Announcement on adjustment of MDX-PID farming pool in boardroom.
    • Announcement on addition of liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on mining activities between MDEX.COM and PIDAO Finance
    • Announcement on joint mining activities with Ariva on MDEX.COM (BSC)
    • Announcement on open of dual-mining Pool on MDEX
    • Announcement on new liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on new liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on the optimization of the usage of lock-up incentives of the MDEX team in boardroom
    • MDEX.COM (BSC) will commence joint mining activities with KINE
    • Announcement on the launch of order book feature on MDEX
    • Announcement on upgrade of the repurchase and burn mechanism
    • Announcement on matters after the maturity of the lock-up positions in the boardroom on MDEX
    • Announcement on new liquidity mining activity & weightage adjustment on MDEX.COM (BSC)
    • Announcement on new liquidity mining activity on MDEX.COM (HECO)
    • Announcement on MDEX’s deployment on Ethereum Network
    • Announcement on destruction of staking profit for MDEX team
    • Announcement on MDEX.COM (BSC version) 's launch of new market function
    • MDEX reached a partnership with Alpaca Finance, a well-known lending app
    • Announcement of Community referendum on Community proposal on MDEX
    • The announcement that MDEX.COM is about to commence the community proposal
    • Announcement on the first-round election results of the director of MDEX.COM
    • Announcement on joint mining activities between MDEX.COM (HECO) & CONFLUX and new list for liquidity
    • Announcement on joint mining activities between MDEX.COM (BSC) & Binapet
    • Announcement on joint mining activities between MDEX.COM (BSC) & KALATA
    • Announcement on new liquidity mining list and weightage adjustment on MDEX.COM (HECO)
    • MDEX team decided to participant DAO directors' election
    • Announcement on joint mining activity between MDEX.COM (BSC) and X World Games
    • MDEX is about to launch the first round of the global director elections
    • Announcement on commence of collaboration between MDEX & MOBOX
    • Announcement on the launch of IMO ( phase 2) on MDEX.COM
    • Announcement on the launch of IMO ( phase 2) on MDEX.COM
    • Announcement on joint mining activity between MDEX.COM (BSC) and DeFi Warrior
    • MDEX Launches DAO Lock-in Vouchers
    • Announcement of MDEX.COM (HECO&BSC) liquidity mining weightage adjustment
    • Announcement on 2nd halving of MDX
    • Announcement on the launch of DAO governance page on MDEX.com
    • Announcement on the lock-up rewards destruction for MDEX team in September.
    • Announcement on joint mining activity between MDEX.COM (HECO) and NEXTYPE
    • Announcement on joint mining activity between MDEX.COM and Pancake Bunny & Qubit Finance
    • MDEX Foundation Releases $10 million Hunter Program to Help Ecological Projects
    • MDEX Referral Program Invitee Rewards Rules
    • MDEX Referral Program Rules
    • A review of MDEX performance at its half-year anniversary
    • MDEX supports the ETH hard fork upgrade
    • Announcement on destruction of MDEX team lock-up rewards and the schedule of DAO launching
    • MDEX.COM (HECO) is starting the joint mining activity with TUSD
    • MDEX.COM (BSC&HECO) Announcement on emendation of Boardroom award and liquidity mining list.
    • MDEX's 1st Video Creation Contest "Along with MDEX" successfully completed
    • MDEX.COM launches a new market function (Beta)
    • Announcement on launch of MDEX.COM Boardroom Lockup Function
    • Adjustments of MDEX.COM (BSC&HECO) joint mining and liquidity mining
    • MDEX.COM Boardroom dual mining launches and liquidity mining weights adjustment
    • MDEX (HECO & BSC) Announcement of emendation of rewards weightage for liquidity and trading mining
    • MDEX.COM(BSC) will soon start joint mining and add new pool for liquidity mining.
    • MDEX.COM (HECO) will soon start joint mining activity with O3
    • Adjustment of MDEX "Burning Black Hole" campaign
    • MDEX "Burning Black Hole" Campaign Re-launched
    • Announcement: Change of MDEX’s Official Twitter and Medium Accounts
    • MDEX.COM Adjusts the time of "Burning Black Hole"
    • MDEX will Optimize the “Burning Black Hole” and Reschedule Boardroom Dual Mining on Boardroom
    • Adjusting "Burning Black Hole" participation eligibility and rewards
    • Adjusting the Time for MDEX Burning Black Hole Campaign & Boardroom MDX Dual Mining
    • Notice on the Adjustment of Data Display and Dual-mining on Boardroom
    • MDEX.COM Completes It First Halving
    • MDEX's Updated Roadmap
    • Notice on Adjusting the Repurchase and Burn & Liquidity Mining on MDEX
    • MDEX.COM (BSC) Announcement for Boardroom Reward Adjustment
    • MDEX.COM Announcement Adjustment of Repurchase and Burn
    • Announcement for MDEX.com is About to launch IMO
    • MDEX (HECO) Will Start Mining Activity with MXC
    • MDEX.COM (HECO & BSC) Announcement For New Added Liquidity Mining Pools And Weight Adjustmen
    • Newly Added Liquidity Mining Pools and New Pools on Boardroom
    • MDEX Officially Participates in the HECO Supernode Campaign
    • Newly Added Liquidity Mining Pools and New Pools on Boardroom
    • New Added Liquidity Mining Pools And Weight Adjustment: Doge, BNB, HT
    • New Liquidity Mining Pools: DOG/USDT
    • MDEX.COM (HECO) Announcement For New Added Trading Mining Pools And Weight Adjustment
    • MDEX.COM (HECO) Announcement For New Added Liquidity Mining Pools And Weight Adjustment
    • MDEX.COM (BSC) Announcement For New Added Liquidity Mining Pools And Boardroom Reward Adjustment
    • MDEX.COM (HECO) Announcement For New Added Liquidity Mining Pools And Weight Adjustment
    • MDEX.COM(BSC) Announcement For Adjustment of Liquidity Mining And Repurchase Start
    • MDEX.COM(BSC) Announcement For New Added Liquidity And Trading Mining Pools And Weight Adjustment
    • MDEX.COM(BSC Version) Announcement For New Added Liquidity And Trading Mining Pools
    • Announcement for MDEX.COM (BSC version) is about to open Boardroom
    • MDEX launch on BSC, airdroping millions of MDX
    • Announcement For Mdex.com(HECO version) New Liquidity Mining Pools And Weight Adjustment
    • MDEX.COM (HECO) Is Going Online in the Innovation Section and Will Start Its First Joint Mining with
    • MDEX.com is about to open FILDA/HUSD &LHB/USDT liquidity mining
    • MDEX & HECO Chinese New Year Airdrop Campaign
    • MDEX Boardroom will start ‘Stake MDX to earn HT' soon
    • Mdex.com Boardroom will be officially launched
    • February 2nd MDEX.COM mining pool weight adjustment announcement
  • FAQ
  • API
  • Activity
    • Share your feedback to win $2,000 in MDEX’s Birthday
    • The 2022 MDEX’s Most Outstanding Community Members Selection
    • New Year’s Bull Market Celebration Predict Price to Share 10,000 MDX
    • $10,000 Rewards of Airdrop Event for Perpetual Traders
    • 10,000 MDX Giveaway on Every Lucky Friday(2nd)
    • 10,000 MDX Giveaway on Every Lucky Friday
    • Celebrating the Launch of WON Complete Tasks & Get Worth $40,000 Rewards
    • Double Campaigns to Win 2500 PLATO Rewards (worth $20,000+)
    • Trade NFTs for free Visit OpenMeta now Enjoy limited-time offer
    • Win double gifts for everyone $20,000 in $SHEESHA as rewards
    • Design mascot for Christmas and New Year Welcome 2022 take away $3,000 in $MDX
    • Win double gifts for everyone $20,000 in $DEP + $2,000 in MDX
    • Win double gifts for everyone $30,000 in $XTM as rewards
    • Get ready for the $30,000 Thanksgivings of MDEX! 20% discount for MDX, ETH and BTC trading Experienc
    • Experience the order book function and share $10,000 in $MDX rewards!
    • KALATA trading competition starts! Win $30,000 in $KALA
    • Celebrating 1 Million Interactive Users, Feedback Insights to Win $3000 in $MDX
    • Mascot Stickers Design Contest 2000 MDX Rewards Waiting For You
    • MDEX is launching its second round of M-angel recruitment
    • Join the first MDEX Video Creation Contest to win 4500MDX rewards
    • Rabbit Trading Competition to Get $50,000 in $RABBIT Rewards
  • Contact Us
    • Business Collaboration
    • Media and Community
  • General Information
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  1. Announcement

MDEX forges ahead with determination on its 2nd Birthday

Dear global MDEX’s users:

How fast time goes by and we are now in the new year. Looking back to 2022, the crypto world has been plunged into a period of upheaval. We are so grateful for the love and support along our two-year journey and we wish you all the best in the new year.

In the unpredictable year of 2022, the crypto industry has evolved and iterated at a rapid pace, presenting us with a difficult test to answer as market participants.From Layer 2 to DeFi, NFT, GameFi and Metaverse to Web 3, every word represents the epitome of fast-moving, and also shows the ultimate innovative charm of this industry. We, MDEX, have accepted and embraced the challenges during this turbulent times while consistently working on our product functions, perfecting technical solutions, enhancing brand value, and improving service quality.

Although we’re still in a deep bearish market currently, MDEX adheres to its original mission and vision by working on a long-term strategy without making radical leaps forward. For us, putting user asset safety first is the irreplaceable spiritual core of our business philosophy.

We follow the rules of time and trends, crises and opportunities, competition and cooperation, and implement the concepts of safety, convenience, high performance, and low cost from day one.In particular, we have made significant efforts to resolve issues encountered during trading procedures, liquidity issues, slippage issues, and interactive conflicts among our users. At the same time, we’ve also launched a new function like perpetual trading. In the midst of this difficult times, we even become a better version of ourselves in terms of products and services!

In 2022, we actively build connections with many GameFi projects to provide strong support to our incubated NFT marketplace. other than that, we have held many activities jointly with Binance, OKX, Coinmarketcap(CMC), and other influential brands in the industry. Where, MDEX sponsored Binance BBW Paris Conference 2022, World Blockchain Summit-Dubai 2022, Nexttype X Huobi Tech Metaverse Hackathon partner, and other well-known global blockchain conferences through online and offline.

This year, MDEX has worked with more than 74 great projects, with a total TVL of more than $600 million and a cumulative annual transaction volume of more than $460 billion. As of now, it has more than 1.3 million users, as well as more than 330,000 MDX holders and the annual buyback and destruction of MDX and xMDX has reached 43 million.

In terms of brand value, MDEX was highlighted by well-known overseas media agencies like The Block, the Associated Press, and Yahoo!, as well as a number of influencers. Furthermore, we’ve received great marketing support and reports from many media agencies on Twitter, such as BSC News, BSC Daily, BSC Scan, BSC Project, and other well-known agencies on the BNB Chain.

In the long-term development strategy, MDEX aims to create a new full-scale coverage, full-ecological deployment, and full-chain connectivity business ecosystem. The original mission and vision of MDEX will never change, we will continue to innovate in multi-chain asset cross-chain, Lending, Futures, Leverage etc. However, given the unstable condition of the current market, which leads to frequent company collapses and hacker attacks, it reminds us to be extremely vigilant in making any decision and keep the safety of our users' assets as our top priority.

Throughout the turbulent crypto year of 2022, everyone faces a stern challenge, and with MDEX, we're keeping our own pace in realizing and striving to be the best version of ourselves in terms of product innovation and user experience optimization, aiming to become as comprehensive a DEX as possible over time. And we are confident that we will become an influential industry leader in the field of decentralized finance.

In the new year, the crypto market is in the transformation stage of the digital space, and the new era of Web 3.0 is full of opportunities and challenges. We will continue to seek out global potential developers and build a multi-integrated value ecosystem.

We take the transaction as the starting point, and ensuring the security of user assets is our top priority as a basis. Next, MDEX will:

1. Work towards to multi-chain and multi-dimensional development, building a complex ecology that can adapt to more users

At present, DeFi, NFT, GameFi, Metaverse, and Web 3 are still the main themes of the crypto industry. As the leading DEX and liquidity infrastructure for the innovation of the decentralized financial industry, we will look at the performance of other public chain ecosystems for insights and enlightenment. It is clear that the new generation of public chains has higher performance advantages and can bring better services to users. Therefore, the deployment to the new public chain is the breaking point of MDEX.

Multi-chain deployment means the diversification of ecology. It can accommodate users' various trading needs and also provide balanced products to users with various transactions, allowing users to participate in high-quality projects with promising benefits at a lower cost.

2. Improve automatic market maker (AMM) capabilities, continue to develop AMM technology, and explore scalable solutions

From traditional exchanges, centralized exchanges to decentralized exchanges, we have witnessed the rapid development of the cryptocurrency trading market and the evolution of the entire process. The AMM model has fundamentally changed the way users trade cryptocurrencies and provided users with more convenient services. However, the impermanent risk of loss and low capital efficiency faced by liquidity providers have become industry propositions that we urgently need to solve .

As an important part of decentralized finance, we are thinking about the future growth and value of MDEX. Next, we will put more efforts in granular control of aggregated liquidity, range orders, multi-level rates, advanced oracles, etc., to improve automatic market-making capabilities, maximize capital efficiency, and allow liquidity providers to obtain higher returns on capital.

3. Improve the interactive experience as well as the UI interface of our product to a different level

MDEX will carry out all-round upgrades in terms of architecture layout, UI vision, functional services, interactive experience, etc., and make corresponding optimizations in detail for UX operations such as banners, switching, sliding, etc..Giving our users a more concise, and smoother overall interactive experience.

4. Reconstruct the functional and technical structure of the order book and optimize transaction efficiency.

The demand for price-limited transactions in the crypto field is extremely high, but due to the immaturity of blockchain infrastructure, the experience of DEX's order book function has not been comparable to that of centralized products. Through research, we found a more innovative way to optimize the order book function. Therefore, next, we will reconstruct the order book technical architecture that will greatly reduce transaction slippage losses and provide a more friendly order book transaction front end while ensuring 100% security and composability on the chain for our users.

5. Provide more channels of users access and support multiple Web3 wallet login methods

In the future, we will usher in the great development and prosperity of Web 3.0 and the entire DApp ecology. In the blockchain ecosystem, wallets will serve as gateways to the mainstream. We have found different needs among users for wallets than the current market popular spot, so we will seek more cooperation with wallets in order to facilitate users' access to the Web 3.0 world.

6. Research and develop innovative solutions such as aggregation transactions to provide users with deeper transaction depth and optimal transaction paths

In the DeFi ecosystem, the scattering of liquidity leads to an increase in the overall transaction cost for users. At the same time, a single DEX will not be able to provide the right services for users that with special transaction needs or a larger volume. Therefore, aggregating transactions becomes important. To align with that, we will develop innovative solutions such as aggregating transactions, use more liquidity around interoperability and security, provide users with efficient and low-cost transaction services, thus to form a better trading platform for all users.

Time keeps moving. Looking back on the past two years, we have had many moments of unremitting exploration and belief in facing difficulties in the turbulent market. But we are determined to move forward amidst the upheaval. MDEX will embrace the changes and progress toward Web 3.0 era, Thanks again for the trust. We wish you nothing but the best.

MDEX team

January 19, 2023

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