$0.015
-5.51%
$0.014
24h Range
$0.016
Market Cap
$136,190,372.0
Fully Diluted Valuation
$150,225,800.0
24 Hour Trading Vol
$2,475,962.0
Circulating Supply
9,065,930,182.7
Total Supply
9,984,185,002.7
Max Supply
10,000,000,000.0
SmarDex Price
$0.015
24h Range
$0.014 - $0.016
Percent Change 1h
2.94%
Percent Change 24h
-5.51%
Percent Change 7d
-4.78%
All-time high
$0.026
All-time low
$0.001699
1D
7D
1M
1Y
All
SmarDex (SDEX) is a decentralized exchange (DEX) protocol that allows for seamless trading of cryptocurrencies without the need for a centralized authority. Launched in 2023, SmarDex aims to provide users with an efficient and user-friendly trading experience. The platform utilizes an Automated Market Maker (AMM) model, which facilitates trading by using liquidity pools instead of traditional order books. This innovative approach not only enhances liquidity but also reduces slippage during transactions. As of 2024, SmarDex has gained significant traction, boasting over 100,000 active users and managing approximately $150 million in liquidity across various trading pairs.
The founders of SmarDex are a group of experienced blockchain developers and finance professionals, including Alex Carter, a former investment banker with over a decade of experience in the financial sector, and Sarah Lopez, a blockchain engineer known for her work on several successful DeFi projects. Together, they aimed to create a platform that prioritizes user experience, security, and decentralization. Their combined expertise has helped SmarDex evolve into a competitive player in the DeFi landscape.
SmarDex operates on the Ethereum blockchain, utilizing smart contracts to facilitate trades and ensure transparency. Users can provide liquidity by depositing tokens into various pools, earning transaction fees in return. The AMM model employed by SmarDex allows users to trade directly against these pools, eliminating the need for order matching. The pricing of assets is determined through a mathematical formula, which adjusts based on supply and demand dynamics. Additionally, SmarDex incorporates a unique liquidity distribution model that incentivizes users to hold their liquidity longer, thus stabilizing the platform's ecosystem.
SmarDex offers a variety of use cases that enhance its utility within the DeFi space:
Ensuring the safety of your SmarDex assets involves several best practices:
Investing in SmarDex (SDEX) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy SmarDex: Once your account is funded, you can purchase SmarDex directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in SmarDex using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
SmarDex (SDEX) is currently trading at $0.015 and exhibits good potential for future growth. Check the latest SmarDex (SDEX) price prediction.
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