HEX price today is $0.003859 USD with a 24-hour trading volume of $3,522,041 USD. HEX is down 9.24% in the last 24 hours. The current CoinMarketCap ranking is #205, with a market cap of $669,155,496 USD. It has a circulating supply of 173,411,074,413 HEX coins and the max. supply is not available. The top exchanges for trading in HEX are currently Bidesk, LBank, HitBTC, Bitcoin.com Exchange, and Uniswap (V2). You can find others 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||$0.003859 USD|
|24 Hour High / Low|
$0.004355 USD /
|24 Hour Volume||$3,522,041 USD|
|Market Cap||$669,155,496 USD|
|Yesterday's High / Low|
$0.004356 USD /
|Yesterday's Open / Close|
$0.004305 USD /
|Yesterday's Change||$-0.000115 USD (-2.67%)|
|Yesterday's Volume||$3,266,561 USD|
|7 Day High / Low|
$0.004801 USD /
|30 Day High / Low|
$0.012467 USD /
|90 Day High / Low|
$0.014763 USD /
|52 Week High / Low|
$0.014763 USD /
|All Time High|
$0.014763 USD(Nov 01, 2020)
|All Time Low|
$0.000015 USD(Dec 22, 2019)
|Circulating Supply||173,411,074,413 HEX|
|Total Supply||175,453,179,545 HEX|
|Max Supply||No Data|