ADAX

ADAXADAX

Rank #3333
Token
On 32,384 watchlists

ADAX Price (ADAX)

$0.07488
16.97%

0.000003714 BTC13.00%

0.00006591 ETH10.55%

Low:$0.0738
High:$0.09159
24h
ADAX  ADAX ADAX
Price:
$0.07488
 16.97%
Market Cap
$3,924,558
0.00%
Fully Diluted Market Cap
$7,488,185
16.97%
Volume
24h
$323,148
3.27%
Volume / Market Cap
0.08234
Self Reported Circulating Supply
52,410,000.00 ADAX
Max Supply
100,000,000
Total Supply
100,000,000
Sponsored

ADAX to USD Chart

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ADAX

ADAX

USD

United States Dollar

ADAX Price Statistics

ADAX Price Today
ADAX Price$0.07488
Price Change24h-$0.0153
16.97%
24h Low / 24h High
$0.0738 /
$0.09159
Trading Volume24h$323,147.84
3.27%
Volume / Market Cap0.08234
Market Dominance0.00%
Market Rank#3333
ADAX Market Cap
Market Cap$3,924,558.00
Fully Diluted Market Cap$7,488,185.45
16.97%
ADAX Price Yesterday
Yesterday's Low / High
$0.08263 /
$0.09159
Yesterday's Open / Close
$0.08758 /
$0.08269
Yesterday's Change

5.59%

Yesterday's Volume$274,804.25
ADAX Price History
7d Low / 7d High
$0.0738 /
$0.09993
30d Low / 30d High
$0.0738 /
$0.1849
90d Low / 90d High
$0.0738 /
$0.2276
52 Week Low / 52 Week High
$0 /
$2.41
All Time High
Sep 20, 2021 (9 months ago)
$2.41
96.89%
All Time Low
Sep 07, 2021 (10 months ago)
No Data
ADAX ROI

25.12%

ADAX Supply
Circulating Supply52,410,000 ADAX
Total Supply100,000,000 ADAX
Max Supply100,000,000 ADAX

ADAX to USD Converter

ADAX

ADAX

USD

United States Dollar

ADAX Price Live Data

The live ADAX price today is $0.074882 USD with a 24-hour trading volume of $323,148 USD. We update our ADAX to USD price in real-time. ADAX is down 16.97% in the last 24 hours. The current CoinMarketCap ranking is #3333, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000 ADAX coins.

If you would like to know where to buy ADAX at the current rate, the top cryptocurrency exchanges for trading in ADAX stock are currently MEXC, Bitrue, ExMarkets, and SundaeSwap. You can find others listed on our crypto exchanges page.

What Is ADAX (ADAX)?

ADAX is an automated liquidity protocol built on Cardano that operates with the native ADAX token. Developers opted for Cardano as the platform, as it outperforms Ethereum due to faster transactions and higher throughput.

ADAX is a key element in bringing DeFi into the Cardano ecosystem by providing all the required components. The protocol simplifies transactions in the ecosystem and allows users to buy and trade tokens in a decentralized manner.

ADAX doesn’t have an order book, which means token holders don't need to pay for intermediaries or other implemented procedures. Instead, users trade with each other directly. ADAX is free of censorship, providing freedom of trade and full asset control. With ADAX, only users have the right to control and utilize their tokens.

The project was launched in the third quarter of 2021, and held a public IEO (Initial Exchange Offering) on the ExMarkets platform (Jun 11, 2021 - Jun 25, 2021).

Who Are the Founders of ADAX?

The founder of ADAX is Timo Trippler, who has been CEO from the very start - since June 2021. Trippler is a talented entrepreneur with experience in FinTech and InsurTech. He is an ICO Advisor, boasting an impressive list of successful ICO projects, and a true expert in financial market and risk management. He has been in the blockchain industry since 2015 and is involved in strategic and marketing consulting.

The rest of the ADAX team are skilled crypto industry professionals who have decided to bring their ETH expertise to the Cardano ecosystem. This cohort includes Dovydas Petkevičius (CMO), Muhammad Furqan (CTO), Murad Sharifli (Head of Post Sales), Domas Dilūnas (Growth Specialist), Mate Tokay & David Widmann (Strategic Advisors) and Arturas Svirskis (Business Advisor). More information is available on the official website of the company.

What Makes ADAX Unique?

ADAX is deployed on Cardano, and Cardano is a strong alternative to the Ethereum blockchain which has been the subject of criticism due to congestion and rising gas fees. Cardano offers a scalable infrastructure for projects like ADAX, where developers can build decentralized applications (DApps) without worrying about high transaction fees and traffic crowding the network. In addition, Cardano allows users to convert ERC-20 tokens to the new protocol and enjoy the benefits, such as improved functionality and fast transaction speed.

ADAX is a completely decentralized protocol that helps users develop and launch decentralized trading platforms, while facilitating decentralized transactions on its infrastructure. The protocol appeals to developers of decentralized applications, allowing them to create and benefit from their products with greater efficiency and increased decentralization.

ADAX is a decentralized exchange (DEX) that uses an automated market maker (AMM) model and liquidity pools instead of regular order books. The platform's features include stable liquidity pools, token swaps, staking, and an ERC-20 token converter. Furthermore, ADAX is a non-custodial exchange where platform users have their own private keys, censorship-resistant funds, the ability to control assets and the advantage of trading without intermediaries.

Users can convert ERC-20 tokens to Cardano-compatible tokens and vice versa via the cross-chain bridge. This component allows trading in AMM and simplifies the exchange of tokens and streamlines the process of moving assets between blockchains.

The Automatic Market Maker (AMM) model is similar to the Uniswap model. The aim of ADAX is to become a Uniswap on the Cardano network, providing the most reliable Decentralized Exchange (DEX) protocol as well as a user-friendly and intuitive user interface.

Another fundamental component is the liquidity pools of the platform, where users provide liquidity for the pools that are used for decentralized trading, and as a result, participants are rewarded for contributing to the platform.

Liquidity pools are built on the basis of a special ADAX protocol with a focus on the maximum incentive for LP. ADAX utilizes a model for distributing the fee rewards between liquidity providers to help reduce risk and make the provision of liquidity for various tokens attractive (to all users in all respects).

Related Pages:

Read about Cardano (ADA).

Take a deep dive into Cardano with CMC Alexandria.

What is Ethereum 2.0? Click here and find out.

What are decentralized exchanges (DEX) and how exactly do they differentiate from centralized ones? Learn more on our educational portal.

Check out the pros and cons of Initial Exchange Offerings.

How Many ADAX (ADAX) Coins Are There in Circulation?

The initial exchange offering (IEO) of ADAX took place in June 2021 on the ExMarkets.com crowdfunding platform - one of the first exchanges to support the Cardano native token.

The total supply that will be released to the market is 100 million ADAX with the split of: Liquidity - 10%, Team Tokens - 10%, Staking - 15%, Treasury - 25%, Public Distribution - 40%.

As of October 2021, the current circulating supply of ADAX is ~52.4 million coins.

How Is the ADAX Network Secured?

ADAX (ADAX) operates on the Cardano blockchain which is secured through the PoS consensus protocol. Due to the Proof-of-Stake method, the blockchain verifies transactions and prevents the double counting problem.

Where Can You Buy ADAX (ADAX)?

As of October 2021, ADAX is listed on a centralized exchange - ExMarkets.

And here are a few more steps to purchase ADAX tokens:

Go to the official ADAX website (or alternative trusted platforms like PancakeSwap or Binance);

Connect and fund your wallet;

Select ADAX coins in the exchange column;

Specify the number and select the swap option.

Level up your knowledge of crypto with the CoinMarketCap blog.

Check out the top proof of stake coins by market capitalization.

Our most recent articles about ADAX:

Converter

ADAX

ADAX

USD

United States Dollar

ADAX Price Statistics

ADAX Price Today
ADAX Price$0.07488
Price Change24h-$0.0153
16.97%
24h Low / 24h High
$0.0738 /
$0.09159
Trading Volume24h$323,147.84
3.27%
Volume / Market Cap0.08234
Market Dominance0.00%
Market Rank#3333
ADAX Market Cap
Market Cap$3,924,558.00
Fully Diluted Market Cap$7,488,185.45
16.97%
ADAX Price Yesterday
Yesterday's Low / High
$0.08263 /
$0.09159
Yesterday's Open / Close
$0.08758 /
$0.08269
Yesterday's Change

5.59%

Yesterday's Volume$274,804.25
ADAX Price History
7d Low / 7d High
$0.0738 /
$0.09993
30d Low / 30d High
$0.0738 /
$0.1849
90d Low / 90d High
$0.0738 /
$0.2276
52 Week Low / 52 Week High
$0 /
$2.41
All Time High
Sep 20, 2021 (9 months ago)
$2.41
96.89%
All Time Low
Sep 07, 2021 (10 months ago)
No Data
ADAX ROI

25.12%

ADAX Supply
Circulating Supply52,410,000 ADAX
Total Supply100,000,000 ADAX
Max Supply100,000,000 ADAX