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Cryptocurrencies:  7,486Markets:  31,787Market Cap:  $395,050,731,03724h Vol:  $105,211,486,542BTC Dominance:  60.7%
Market Cap:  $395,050,731,03724h Vol:  $105,211,486,542BTC Dominance:  60.7%Cryptocurrencies:  7,486Markets:  31,787
HEX

HEX (HEX)

$0.005617 USD (-1.90%)
0.00000043 BTC (-4.19%)
0.00001356 ETH (-8.43%)
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  • Market Cap
    $2,117,044,505 USD
    163,357 BTC
    5,109,264 ETH
  • Volume (24h)
    $2,998,100 USD
    231.34111961 BTC
    7,236 ETH
  • Circulating Supply
    376,916,864,841 HEX
  • Total Supply
    378,959,044,279 HEX

About HEX

HEX price today is $0.005617 USD with a 24-hour trading volume of $2,998,100 USD. HEX is down 1.90% in the last 24 hours. The current CoinMarketCap ranking is #201, with a market cap of $2,117,044,505 USD. It has a circulating supply of 376,916,864,841 HEX coins and the max. supply is not available. You can find the top exchanges to trade HEX listed on our crypto exchanges page.

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 Price

HEX Price$0.005617 USD
HEX ROI
No Data
Market Rank#201
Market Cap$2,117,044,505 USD
24 Hour Volume$2,998,100 USD
Circulating Supply376,916,864,841 HEX
Total Supply378,959,044,279 HEX
Max SupplyNo Data
All Time HighNo Data
All Time LowNo Data
52 Week High / LowNo Data
90 Day High / LowNo Data
30 Day High / LowNo Data
7 Day High / LowNo Data
24 Hour High / LowNo Data
Yesterday's High / LowNo Data
Yesterday's Open / CloseNo Data
Yesterday's ChangeNo Data
Yesterday's VolumeNo Data
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