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OraiDEX news
About OraiDEX
Developed by Oraichain, OraiDEX is a CosmWasm smart contract-based decentralized exchange with multi-chain interoperability, optimal speed, and lots of liquidity options for users. OraiDEX is compatible with Cosmos IBC (Inter-Blockchain Communication) with a number of easy-to-use features:
Bridge: moving native token or data from Ethereum, BNB Chain, and other networks to Oraichain and vice versa;
Swap: easy token swapping, streamlined liquidity provision and farming with profitable APR;
IBC integration: allowing trustless communication between ORAI, ATOM, LUNA, UST, OSMO, JUNO, and more;
NFT Bridge: relocating NFT assets from Oraichain to other networks like Ethereum or BNB Chain and vice versa.
ORAIX is the governance and utility token of OraiDEX, which is designed to balance its inflation from rewards and spending from utility fees as follows. Note that a portion of utility fees will be burnt. It will be decided by governance voting.
Utilities:
- Pay meta-staking fee (the fee is taken directly from profits);
- Pay pool creation fee;
- Pay OraiBridge fee;
- Pay NFT Bridge fee;
- Buy airdrop NFT tickets of newly listed projects on OraiDEX.
The live OraiDEX price today is $0.009308 USD with a 24-hour trading volume of $203,454 USD. We update our ORAIX to USD price in real-time. OraiDEX is down 2.03% in the last 24 hours. The current CoinMarketCap ranking is #3325, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 ORAIX coins.
If you would like to know where to buy OraiDEX at the current rate, the top cryptocurrency exchanges for trading in OraiDEX stock are currently MEXC, and Uniswap v3 (Ethereum). You can find others listed on our crypto exchanges page.