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Cryptocurrencies: Β 5,137Markets: Β 20,678Market Cap: Β $296,172,760,24824h Vol: Β $158,815,161,075BTC Dominance: Β 62.3%
Market Cap: Β $296,172,760,24824h Vol: Β $158,815,161,075BTC Dominance: Β 62.3%Cryptocurrencies: Β 5,137Markets: Β 20,678

HEX (HEX)

$0.000235 USD (-6.80%)
0.00000002 BTC (-9.49%)
0.00000084 ETH (-8.51%)
Buy
Exchange
Gamble
Crypto Credit
  • Market Cap
    $4,345,798 USD
    428.84170342 BTC
    15,446 ETH
  • Volume (24h)
    $1,553,749 USD
    153.32335009 BTC
    5,522 ETH
  • Circulating Supply
    18,491,369,710 HEX
  • Total Supply
    18,497,166,799 HEX

About HEX

Designed and launched by Richard Heart on 2 December 2019, HEX describes itself as a Certificate of Deposit on the blockchain.

HEX is an ERC20 token launched on the Ethereum network. HEX is designed to be a store of value to replace the Certificate of Deposit as the blockchain counterpart of that financial product used in traditional financial markets. HEX is also designed to leverage off the emerging DeFi (Decentralised Finance) ecosystem in cryptocurrencies within the Ethereum network.

HEX uses the Ethereum network for the transaction layer (sending and receiving HEX tokens, as well as interacting with the HEX smart contract), whilst the consensus code and staking mechanism is contained in the HEX smart contract.

HEX allows a user to stake his or her HEX coins for a share of the new HEX coin issuance, or inflation and contains features designed to incentivize behaviors that encourage price appreciation and disincentivize behaviors that encourage harm to the price. The HEX smart contract penalizes stakers for ending their stake early and rewards them for staking larger amounts of HEX for longer periods.

HEX is distributed to Bitcoin holders by way of a snapshot of the Bitcoin UTXO set that occurred on 2 December 2019 at block height 606227. The distribution of HEX to Bitcoin holders is 10,000 HEX per 1 BTC. Bitcoin holders are able to claim HEX only during the first year of launch. During this period, HEX is also obtained in exchange for ETH through interacting with the HEX smart contract.

At the end of the first year of launch, all HEX coins that were not claimed by Bitcoin holders are distributed to the rest of the HEX users who have stakes that are active. The maximum possible annual inflation of HEX is designed to be 3.69% after the first year of launch.

HEX Statistics

HEX Price
$0.000235 USD
HEX ROI
17.37%
Market Rank
#547
Market Cap
$4,345,798 USD
24 Hour Volume
$1,553,749 USD
Circulating Supply
18,491,369,710 HEX
Total Supply
18,497,166,799 HEX
Max Supply
No Data
All Time High
$0.000503 USD
(Feb 07, 2020)
All Time Low
$0.000015 USD
(Dec 22, 2019)
52 Week High / Low
$0.000503 USD /
$0.000015 USD
90 Day High / Low
$0.000503 USD /
$0.000015 USD
30 Day High / Low
$0.000503 USD /
$0.000084 USD
7 Day High / Low
$0.000313 USD /
$0.000227 USD
24 Hour High / Low
$0.000261 USD /
$0.000227 USD
Yesterday's High / Low
$0.000261 USD /
$0.000227 USD
Yesterday's Open / Close
$0.000228 USD /
$0.000260 USD
Yesterday's Change
$0.000033 USD (14.27%)
Yesterday's Volume
$423,152 USD
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