|All Time High:
|The price of #IDEX today is $0.07 USD.
The lowest IDEX price for this period was $0, the highest was $0.071, and the current live price for one IDEX coin is $0.07124.
The all-time high IDEX coin price was $0.95.
Use our custom price calculator to see the hypothetical price of IDEX with market cap of BTC or other crypto coins.
|The code for IDEX crypto currency is also #IDEX.
IDEX is 4.8 years old.
|The current market capitalization for IDEX is $57,882,204.
IDEX is ranked #399 out of all coins, by market cap (and other factors).
|The trading volume is large today for #IDEX.
Today's 24-hour trading volume across all exchanges for IDEX is $13,500,221.
|The circulating supply of IDEX is 812,488,994 coins, which is 81% of the maximum coin supply.
XCHAIN — IDEX’s Evolutionary Leap into zkEVM
XCHAIN — IDEX’s Evolutionary Leap into zkEVM - Hey IDEX fam! We’re back with our biggest update of the year so far, and this one’s a game-changer. Previously we communicated our focus on the development of an IDEX specific Layer3. The goal was simple, to ensure the lowest fees combined with the highest level of security and performance possible. We’re stoked to share that we’ve made a strategic move that will bring these enhancements to life through the launch of XCHAIN — our very own Layer 2 powered by Polygon’s zkEVM. This is a natural evolution of our efforts with the development of Layer3, bringing the same performance with even greater security than was previously possible. — XCHAIN - Throughout our 6-year history, our vision has always been to synthesize a CEX-like trading experience with DEX-like custody and security. XCHAIN represents the final piece necessary to achieve that vision.XCHAIN represents the final piece necessary to achieve that vision. XCHAIN enables IDEX to eliminate the gap between the current status quo of clunky perpetual futures DEXs and their more performant, but less secure, centralized counterparts. The network builds on top of our already-successful partnership with Polygon and is the first of many Polygon ZK Supernets, a key milestone on Polygon’s 2.0 roadmap. With the help of XCHAIN, IDEX is able to provide traders a variety of unique benefits: Gas-free Tradi...
The All-New IDEX — A Quick Recap
The All-New IDEX — A Quick Recap - GM fam! Time for a quick recap of the all-new IDEX. We like clean, and we’re getting rid of the version numbers, so keep in mind: 1- v4 is out, The All-New IDEX is in. 2- IDEX is now powered by XCHAIN — Read all about it here. We’re building on the latest tech developments to bring the first perpetual futures DEX that fuses a CEX-like trading experience with DEX-like custody and security. The DEX will run on XCHAIN, our Layer2 powered by Polygon’s zkEVM. Let’s dive in. IDEX is different from all other perpetual futures DEXs. Our off-chain trading engine and an on-chain settlement and custody integrate to offer both high performance and the security of Ethereum’s base layer. — IDEX is set to provide: - Gas-free Trading: XCHAIN’s transactions costs are low enough to provide gas-free settlement, with costs on par with CEXs. Unrivaled Performance: The high-performance trading engine offers extremely low latency and instant, guaranteed execution. Paired with our instant trading feature, the experience is indistinguishable from (and we think better than) CEX trading. Self-custody and Transparency: By settling all trades on-chain, IDEX gives you full control over your funds with no hidden counterparty risk. Your keys, your coins. API Integrations: IDEX’s Delegated Keys make it dead simple to use external trading terminals without exposing your private keys ...
Rewarding the Winners! — Zealy Wrap-up #2
Rewarding the Winners! — Zealy Wrap-up #2 - Hey everyone, we’re happy to announce that the second Zealy campaign has come to a close. We’ve selected the winners and finalized prize distributions. This Zealy campaign featured 874 participants and 10,678 quests, kudos to everyone who embraced the one-off quests and were lucky enough to reap the rewards! Engagement in those quests was great overall. Now, let’s dive into the exciting part — prize distribution. Each place on the leaderboard will receive the following % of the pool: — IDEX Community Creativity - Showcased above we have some amazing art that people made! Below we have some videos we enjoyed. Thanks for all of your submissions! 😳 medium.com — tolkiaz ALGEBRA🟪 on Twitter: "promo video for @idexio !#dex #crypto pic.twitter.com/AmvoaogbF8 / Twitter" - promo video for @idexio !#dex #crypto pic.twitter.com/AmvoaogbF8 — Wrapping Up - Overall, Zealy was a great experience again for us and we’re glad to have been able to reward our most active community members. Moving forward, we’ll be exploring other options like Galxe which will potentially connect with initiatives like Spill the Alpha over on Twitter Spaces and even we might see some interesting on-chain stuff for our future campaigns. Physical prizes are also on our minds (some of you have already seen the plushes on Twitter) as well as expanding on the whitelist...
The Road to Layer3 — 50,000 IDEX In Prizes
The Road to Layer3 — 50,000 IDEX In Prizes - tl;dr: Zealy campaign will be running May 16-Jun 16 with a 50,000 IDEX prize pool, link to the campaign can be found here IDEX frens, we’re here to announce the launch of our next Zealy campaign (formerly known as Crew3). Last campaign was a HUGE success and really showed us how engaged our community can be so out of appreciation we’ve done a few things: — Bigger prize pool. — We’ve increased the prize pool to 50,000 $IDEX! This is our biggest prize pool yet and we would definitely recommend participating. Please note that all IDEX rewards will be sent to winners via the Polygon Network. — More winners. — We’ve increased the number of potential winners to 75, a theoretical 50% increased chance to win! Random winners will also be featured again this time so just by participating you can also win. — POAPs. — You’ve seen our POAPs from our Town Halls, and due to limited supply and people asking, we’re now introducing a new way to get them through Zealy. These will be given out intermittently on certain criteria. — Whitelist beta spots. — IDEX, The First Layer3 Exchange, is soon upon us so we’d like to give even MORE whitelist beta spots out to let you guys test the next generation of perp DEX products. Now that we’ve talked about what’s new, let’s get into the last details of this campaign. — Zealy R...
Our First Zealy Campaign
We’ve reached a successful conclusion of our first community campaign on what was formerly known as Crew3 and now rebranded to Zealy. We are delighted to see that so many of you participated in the campaign, with 874 questooors and an impressive 10,498 quests completed. Thanks to the community for your enthusiastic engagement and participation throughout the campaign. Your support has been instrumental in making this campaign a resounding success. We have compiled the list of winners and will be distributing their rewards in the coming days. The top four will be receiving the same prize amount since they were all tied for first. If you haven’t added your wallet address via Zealy, don’t worry, Laura [Laura.#4990] from our support team will message you on Discord, but be wary of scam DMs as scammers may attempt to impersonate us. We also have some exciting news to share about the next Zealy campaign. — The next campaign will feature a 50,000 $IDEX prize pool as well as 50 whitelist spots for the upcoming IDEX beta. - If you are selected, you will have the opportunity to get an early look at the all-new IDEX and test out the ultimate trading experience on a Layer3 DEX. — We’re going for bigger and better! - So don’t miss out. We’re pulling all the stops so make sure to climb the leaderboard to win some $IDEX and a whitelist beta spot! More details like the launch date and the full list of quests will be...
IDEX — The First Layer3 Derivatives Exchange
Hey IDEX fam! Since our last update, we’ve made some changes that we’re excited to share with you. v4 is out, IDEX is in. Who needs version numbers with a name as clean as IDEX. We like clean., We’re building on the latest tech developments to bring something never seen before, the first Layer3 derivatives exchange, one that doesn’t force users to choose between performance or security., Let’s dive in. IDEX is different from any other perpetual futures DEXs. Most notably, our trading engine offers high performance while simultaneously deriving its security from Ethereum’s base layer. This allows us to synthesize CEX performance with DEX custody and security. IDEX will provide you with: Unrivaled Performance: The high-performance trading engine offers extremely low latency and instant, guaranteed execution. Alongside our instant trading feature, the experience is indistinguishable from (and we think better than) CEX trading, let alone using a DEX., Self-custody and Transparency: IDEX’s onchain roots give you full control over your funds at all times. No hidden counterparty risk. Your keys, your coins., API Integrations: IDEX conforms to emerging standards so it’s dead simple to implement existing strategies. Delegated keys allow connections to trading terminals without exposing custody keys., Ultra-low Fees: Maker rebates, deep order book liquidity, and a fee model that rewards $IDEX stakers. It won’t ...
IDEX Crew3 Launch — $2,500 Prize Pool
IDEX Crew3 Launch — $2,500 Prize Pool - — IDEX and Crew3 - We’re excited to announce that we’re integrating the Crew3 platform into the IDEX ecosystem! Crew3 is a social platform that rewards you for staying engaged with IDEX. We’ll be introducing our first campaign based on the Crew3 platform with this integration. 🐐IDEX Crew3 Page🐐 Through quests on Crew3, we aim to reward our long-standing community members and show appreciation for traders who engage with our tweets, Discord, and IDEX itself. — Our first campaign will run from March 23rd, 2023 to April 30th, 2023 and will feature a $2,500 prize pool! - The prizes will be distributed to the participants who reach the highest level on the Crew3 leaderboard, as well as a few random winners who reach at least level 1 on Crew3. — Participating - If you want to participate, simply go to the IDEX Crew3 Questboard and sign up with any method you like. After that, you can immediately start collecting XP for our first sprint (Mar 23 — Apr 7), which will reward additional XP to the participants who finish a series of quests first! These participants may also receive access to our incentivized IDEX v4 whitelist beta in the future. 👀 Quests will be updated on a rolling basis so look out for new quests and opportunities to earn XP. You can check where you stand by going to the ‘Leaderboard’ on Crew3. We’re looking forward to seei...
The Long Awaited Release
Exciting news today IDEX fam! Given our recent development progress, we’re planning to launch IDEX v4 the week of May 22nd. IDEX v4 is the ultimate perpetual futures DEX, with unrivaled performance and ultra low fees. It represents the culmination of 12 months of development to adapt IDEX’s existing world-class hybrid DEX design to support perpetual futures. IDEX v4 will have a host of new features that don’t exist on perp DEXs today such as advanced order types, instant trade execution, and trading terminal integration. Since our latest roadmap update, we’ve been focused on a few key areas: Smart contract audits: we performed 7 rounds of internal review, and are working with 3 independent external audit teams. While audits are not perfect, they are the best tool to catch issues before the product goes live, USDC de-peg analysis: we’ve engaged in a comprehensive analysis of the impact of potential stablecoin de-pegs on our system to ensure that it will not negatively impact traders, Polygon’s ZK EVM: where we deploy v4 is critical. Our main considerations are liquidity, ease of onboarding, and trade settlement costs. Polygon’s ZK EVM appears to check all of these boxes, but we’ll know more after we get our hands on the mainnet beta at the end of the month, — IDEX Community - While we’ve been working hard during the bear market, we haven’t forgotten about our amazing community! We want to show ou...
IDEX v4 Roadmap — Key Features & Timeline
IDEX v4 Roadmap — Key Features & Timeline - Welcome to the IDEX v4 Roadmap! Like you, the entire team is hyped for the upcoming launch of our decentralized perpetual swaps exchange. In this blog, we will cover the key features and enhancements that will be included in IDEX v4, as well as provide a timeline for when these updates will be available. As excited as we are to share our blueprint for the future, it’s important to note that this plan is subject to change. Unforeseen circumstances and new developments may arise as we get closer to the launch of IDEX v4, and all proposed milestone dates on our IDEX v4 roadmap are our current best estimates. We will continue to update this roadmap leading up to and after the launch of IDEX v4. We appreciate your understanding and continued support as we work towards bringing you the best trading experience possible. Before we jump in, a quick refresher on what to expect with IDEX v4. A decentralized perpetual swaps exchange built on a framework of hybrid on-chain/off-chain infrastructure., Off-chain is the high performance trading engine, which allows IDEX to match the performance and UX of centralized exchanges., On-chain is custody and settlement, giving traders the security of self-custody along with verifiable on-chain transaction data., Our design sets the stage for IDEX v4 to be the best of both worlds; performance of a CEX with the security of a DEX. With that, le...
IDEX Launches Exchange Fiat On-Ramp with Wyre
We’ve made things simple. — SUMMARY. — IDEX has integrated Wyre’s Fiat On-RampBuy crypto on IDEX directly with your credit card or bank accountEnjoy reduced on-ramp fees until July 10th — ONBOARDING WITH IDEX. — Can’t be bothered to bridge, anon? We’ve got you covered… finally! IDEX has integrated with Wyre to provide users with a seamless fiat on-ramp directly into their crypto wallets. Purchasing crypto on CEXes and bridging funds through Ethereum can be a complicated and expensive process. A fiat on-ramp allows for a more inclusive experience to less technical users who don’t already have crypto assets deployed in various ecosystems. Traders from all over the world can deploy capital directly from their credit card or bank account, with reduced fees until July 10th. — HOW IT WORKS. — Launch the IDEX ExchangeConnect your walletClick on ‘Buy Crypto’ in the main navigation of the exchange and select Wyre in the dropdown menu 4. You will be redirected to Wyre to complete your transaction with reduced fees 5. Once you have completed your transaction, your wallet will be credited with USDC on the Polygon Network as well as some MATIC from the IDEX faucet 6. You can now deposit your USDC onto IDEX by navigating to the Balances page. 7. Once your USDC deposit has completed you are ready to trade on IDEX! Happy trading! — Get involved and stay up to date. &mdas...
More IDEX (#IDEX) News
|Polygon CDK Expansion Takes Precedence as Edge Contributions Cease
Polygon Labs has discontinued contributions to its Edge platform which is designed to build custom Ethereum-compatible blockchain networks.
This decision reflects the company's plans to prioritize the expansion of the Polygon Chain Development Kit (CDK), the open-source development toolkit for building ZK-powered Layer 2 chains on Ethereum for both Web3 projects and Web2 enterprises.
Polygon CDK Set to Take Center Stage
In the official announcement, Polygon Labs - the developer behind the Polygon blockchain ecosystem - said that Edge has been an open-source project. Its code base is licensed under the permissive Apache License 2.0, which enables the community to use the software for any purpose, distribute, and modify it.
However, there has been a change in the team's development priorities over the past year.
Rather than developing with Edge, the emphasis will now shift towards CDK, Polygon's toolkit for designing and launching zero knowledge-powered Layer 2 chains. CDX has emerged as a preferred solution for both Web2 and Web3 players. Chains deployed through the CDK are expected to exhibit interoperability across an extensive network.
'The landscape in which Edge was developed has changed and Polygon Labs now supports a solution that empowers developers to build within a (future) unified ecosystem of ZK-powered L2s.'
Polygon's ZK Push
Polygon Labs has already started doubling down its efforts towards zero-knowledge (ZK) since the beginning of the year. In March, they ...
|Nansen Report: Polygon Demonstrates Network Resilience and Developer-Fri...
Ethereum scaling network Polygon's native crypto (MATIC) has been leading altcoin gains. Over the past week, MATIC surged by approximately 20%, briefly hitting a 5-month high of $0.86. This increase is fueled by a growing level of trade activity and a more positive overall sentiment in the broader crypto market.
The upcoming developments, particularly Polygon 2.0, could potentially drive the rally further.
Polygon: Key Metrics Q3
According to Nansen's latest quarterly report shared exclusively with CryptoPotato, Polygon has shown network resilience amid rising demand for layer and cheaper alternatives and a 'developer-friendly environment.'
Polygon Daily Transactions
During the third quarter of 2023, the daily gas fees on the Polygon PoS network experienced notable volatility, fluctuating between approximately $29,000 and $132,000. In the previous quarter, fees ranged from $68,000 to $236,000.
Simultaneously, the daily transaction counts reached a peak of around 2.8 million transactions and decreased to a low of about 1.9 million transactions throughout the quarter, according to data compiled by the blockchain intelligence platform.
Polygon Active Addresses
In the same period, the number of daily active addresses on Polygon PoS demonstrated consistent stability, ranging from 275,000 to 466,000. This consistent range indicates that Polygon PoS has effectively maintained a strong user base, ensuring a steady level of daily user interactions.
Polygon Average Daily Gas
In Q3 2023...
|Polygon Labs Pitches Plan to Streamline Celo's Move to Ethereum Layer 2 ...
Polygon Labs has suggested that the Celo blockchain community consider utilizing its Chain Development Kit (CDK) to streamline the intended layer-2 migration on the Ethereum network.
The proposal comes after cLabs, the primary development team behind Celo, unveiled an alternative strategy in July to transition its layer-1 into an Ethereum-compatible layer-2 solution by utilizing Optimism's OP Stack. OP Stack is a similar customizable toolkit that leverages Optimism's 'optimistic' technology.
Move to Ethereum Layer-2 Via Polygon CDK
Polygon Labs' co-founder Sandeep Nailwal presented a proposal to the Celo community this week recommending that the blockchain ecosystem consider implementing Polygon's Chain Development Kit, which is a codebase enabling developers to build customized layer-2 chains leveraging zero-knowledge (ZK) technology.
The proposal on the Celo governance forum stated,
'Polygon Labs is excited to welcome Celo home to Ethereum in the chain’s transition from an independent EVM-compatible L1 to an Ethereum L2. As Ethereum devotees obsessed with scaling, we are beyond excited to see Celo expand into an emerging and thriving Ethereum ecosystem and help extend Ethereum blockspace.'
Nailwal explained that this shift would enable Celo to fully leverage the benefits of operating as an Ethereum layer-2 solution while preserving the fundamental traits that initially propelled the chain to success.
The exec further emphasized that the transition represents a signifi...
|Polygon's Chain Development Kit Facilitates Canto's Transition to ZK Lay...
Cosmos-based layer-1 blockchain - Canto - is migrating to a zero-knowledge layer 2 on Ethereum powered by Polygon Chain Development Kit (CDK). The move aligns with Canto's plans to build a blockchain dedicated to real-world assets.
The development comes amidst a significant shift in the Ethereum layer-2 space.
Migration to Ethereum ZK-powered L2
Canto is a layer-1 blockchain initially focused on decentralized finance (DeFi) and is now migrating to a zero-knowledge Layer 2 solution on Ethereum using Polygon CDK. This move aims to create a blockchain ecosystem dedicated to real-world assets. Canto, which was launched in 2022, offers an EVM execution layer and essential financial tools, with its development governed by the Canto Commons, an open framework.
Once consensus is achieved within the Canto Commons, core devs will be able to build a ZK L2. With the help of a shared ZK bridge, Canto will eventually leverage the liquidity of a 'unified Polygon ecosystem' with easy access to Ethereum.
According to the official blog post, Canto is set to integrate the Plonky2 ZK, proving implementation and maintaining its proof-of-stake validator set for decentralized sequencing. This transition will not impact Canto's validators or stakers, ensuring continuity for them while enhancing decentralization and trustless assurances for users engaging in asset bridging.
Furthermore, Canto's developers will shift towards utilizing a shared ZK bridge for handling canonical assets.
The migration to ...
|BingX Introduces Innovative Spot Grid Copy Trading to Let Anyone Execute...
[PRESS RELEASE - Singapore, Singapore, 29th March 2022]
BingX, the leading crypto social trading platform, has introduced a new Spot Grid Copy Trading feature, offering unprecedented flexibility to users.
As the name suggests, the system combines the benefits of Grid trading with that of Copy trading, using strategies from professional traders to earn money from crypto asset volatility. Grid trading is similar to providing liquidity on AMM DEXs, as it sets up gradual buy and sell orders in a defined range of prices. As long as the price oscillates within the band, users can make reliable profit from these fluctuations.
The strategies are created by professional traders going through strict screening by BingX. Up to 8% of the followers’ profits will be given to the creator of the strategy, incentivizing them to be as efficient and effective as possible. Users are presented with a choice of multiple strategies, which can be evaluated by investment amounts, past returns, projected annualized returns, and many more.
For new crypto users, the Spot Grid Copy Trading is particularly valuable as it’s fire and forget and easy to set up. The consistent income can be incredibly valuable, especially in a flat-ranging market like that of early 2022.
“We are very excited to launch our Spot Grid Copy Trading Feature. We’ve promised to give our users new cutting edge features throughout 2022 and we are doing just that. In an industry where innovation is at its peak, i...