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Cryptocurrencies:  5,735Markets:  23,151Market Cap:  $271,784,402,47424h Vol:  $56,980,397,209BTC Dominance:  62.3%
Market Cap:  $271,784,402,47424h Vol:  $56,980,397,209BTC Dominance:  62.3%Cryptocurrencies:  5,735Markets:  23,151

HEX (HEX)

$0.003486 USD (-2.77%)
0.00000038 BTC (-2.10%)
0.00001469 ETH (-1.52%)
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  • Market Cap
    $849,531,656 USD
    92,523 BTC
    3,579,975 ETH
  • Volume (24h)
    $1,198,402 USD
    130.51813461 BTC
    5,050 ETH
  • Circulating Supply
    243,727,719,013 HEX
  • Total Supply
    247,236,368,480 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$0.003486 USD
HEX ROI
1,640.73%
Market Rank#202
Market Cap$849,531,656 USD
24 Hour Volume$1,198,402 USD
Circulating Supply243,727,719,013 HEX
Total Supply247,236,368,480 HEX
Max SupplyNo Data
All Time High
$0.006463 USD
(May 14, 2020)
All Time Low
$0.000015 USD
(Dec 22, 2019)
52 Week High / Low
$0.006463 USD /
$0.000015 USD
90 Day High / Low
$0.006463 USD /
$0.000527 USD
30 Day High / Low
$0.003771 USD /
$0.002659 USD
7 Day High / Low
$0.003771 USD /
$0.003429 USD
24 Hour High / Low
$0.003711 USD /
$0.003486 USD
Yesterday's High / Low
$0.003711 USD /
$0.003554 USD
Yesterday's Open / Close
$0.003573 USD /
$0.003638 USD
Yesterday's Change$0.000065 USD (1.83%)
Yesterday's Volume$1,275,307 USD
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