IDEX (IDEX) Metrics
IDEX Price Chart Live
Price Chart
IDEX (IDEX)
What is IDEX?
IDEX is a decentralized cryptocurrency exchange that operates on the Ethereum blockchain. It features the IDEX token, which is used for trading fees, governance, and staking within the platform. As a blockchain project, IDEX aims to provide users with a secure and efficient trading experience while maintaining the benefits of decentralization. The platform allows for seamless trading of various cryptocurrencies, facilitating liquidity and user engagement in the decentralized finance (DeFi) ecosystem.
When and how did IDEX start?
IDEX was launched in 2017 and was developed by the team at Aurora Labs. It is a decentralized exchange that allows users to trade Ethereum-based tokens in a secure and efficient manner. Initially listed on various cryptocurrency tracking platforms, IDEX gained attention for its unique hybrid model combining on-chain and off-chain trading, which enhances speed and user experience. The platform has undergone several upgrades since its inception, including the introduction of IDEX 2.0 in 2021, which aimed to improve scalability and user interface.
What’s coming up for IDEX?
IDEX is set to enhance its platform with several key updates outlined in its roadmap for the upcoming months. The next upgrade will focus on improving user experience through enhanced liquidity solutions and the introduction of new trading pairs, which aims to attract a broader user base. Additionally, the IDEX team is actively engaging with the community to gather feedback for future features, including advanced trading tools and decentralized finance (DeFi) integrations. As IDEX continues to evolve, it aims to solidify its position as a leading decentralized exchange, catering to both retail and institutional traders.
What makes IDEX stand out?
IDEX stands out from other cryptocurrencies due to its hybrid decentralized exchange model, which combines on-chain order matching with off-chain trade execution, allowing for faster transactions and reduced latency. Unlike traditional DEXs, IDEX offers real-world use cases in trading with enhanced liquidity and user experience, making it unique in the DeFi landscape. Additionally, its tokenomics incentivizes liquidity providers and traders, fostering a robust ecosystem that encourages participation and growth.
What can you do with IDEX?
IDEX is primarily used for trading on decentralized exchanges, enabling users to engage in DeFi applications with high liquidity and low latency. The token serves as a utility token for governance, allowing holders to vote on protocol upgrades and participate in decision-making processes. Additionally, IDEX can be utilized for staking to earn rewards, making it a versatile asset within the DeFi ecosystem.
Is IDEX still active or relevant?
IDEX is currently active and still traded, demonstrating ongoing trading activity. The development team continues to release updates, indicating that the project is not inactive or abandoned. Additionally, the community remains engaged, contributing to its sustained presence in the crypto space.
Who is IDEX designed for?
IDEX is built for DeFi users seeking a decentralized trading experience with high liquidity and fast transaction speeds. Its target audience includes cryptocurrency investors and traders looking for a secure and efficient platform to execute trades without intermediaries. Additionally, IDEX is adopted by developers who aim to integrate decentralized finance solutions into their projects.
How is IDEX secured?
IDEX secures its network through a unique hybrid consensus model that combines aspects of Proof of Stake and off-chain order matching, enhancing transaction speed and efficiency while maintaining blockchain protection. Validators play a crucial role in this setup, ensuring network security by verifying transactions and maintaining the integrity of the decentralized exchange. This innovative approach allows IDEX to offer a secure and scalable trading environment within the cryptocurrency ecosystem.
Has IDEX faced any controversy or risks?
IDEX has faced challenges related to security incidents, including a notable hack in 2018 that compromised user funds, raising concerns about the platform's security measures. Additionally, the decentralized exchange space is often associated with extreme volatility and risks of rug pulls, which can affect user confidence. Legal issues surrounding regulatory compliance also pose ongoing challenges for IDEX as it navigates the evolving landscape of cryptocurrency regulations.
IDEX (IDEX) FAQ – Key Metrics & Market Insights
Where can I buy IDEX (IDEX)?
IDEX (IDEX) is widely available on centralized cryptocurrency exchanges. The most active platform is Pionex, where the IDEX/USDT trading pair recorded a 24-hour volume of over $664 934.78. Other exchanges include Binance and WhiteBIT.
What’s the current daily trading volume of IDEX?
As of the last 24 hours, IDEX's trading volume stands at $3,991,517.82 , showing a 23.70% increase compared to the previous day. This suggests a short-term increase in trading activity.
What’s IDEX’s price range history?
All-Time High (ATH): $299 648.31
All-Time Low (ATL): $0.008537
IDEX is currently trading ~100.00% below its ATH
and has appreciated +139% from its ATL.
What’s IDEX’s current market capitalization?
IDEX’s market cap is approximately $12 887 805.00, ranking it #1059 globally by market size. This figure is calculated based on its circulating supply of 807 488 993 IDEX tokens.
How is IDEX performing compared to the broader crypto market?
Over the past 7 days, IDEX has declined by 9.70%, underperforming the overall crypto market which posted a 3.38% decline. This indicates a temporary lag in IDEX's price action relative to the broader market momentum.
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IDEX Basics
| Whitepaper |
|---|
| Development status | Unknown |
|---|---|
| Consensus Mechanism | Not mineable |
| Algorithm | None |
| Hardware wallet | Yes |
| Website | idex.market |
|---|---|
| Wallet | Coins Mobile App |
| Asset type | Token |
|---|---|
| Contract Address |
| Explorers (2) | etherscan.io polygonscan.com |
|---|
| Tags |
|
|---|
| Faq | idex.market |
|---|---|
| Forum | medium.com |
| reddit.com |
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Popular Calculators
IDEX Exchanges
IDEX Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to IDEX
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 14 | Hyperliquid HYPE | $12 632 463 293 | $37.83 | $270 637 150 | 333,928,180 | |||
| 18 | Chainlink LINK | $8 925 745 049 | $14.24 | $942 070 998 | 626,849,970 | |||
| 37 | Uniswap UNI | $4 522 378 419 | $7.53 | $783 940 781 | 600,425,074 | |||
| 41 | Official World Liberty Financial WLFI | $3 476 306 733 | $0.140918 | $108 748 902 | 24,669,070,265 | |||
| 42 | Dai DAI | $3 332 361 133 | $1.000941 | $995 881 929 | 3,329,226,824 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 3 | Tether USDT | $177 517 024 747 | $1.000545 | $134 188 846 223 | 177,420,277,588 | |||
| 7 | USDC USDC | $75 794 055 570 | $1.000876 | $19 713 454 231 | 75,727,735,624 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $13 792 246 254 | $3 878.88 | $25 575 896 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $12 908 073 004 | $98 401.20 | $475 004 223 | 131,178 | |||
| 15 | WETH WETH | $11 989 302 801 | $3 183.65 | $1 505 245 214 | 3,765,896 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 14 | Hyperliquid HYPE | $12 632 463 293 | $37.83 | $270 637 150 | 333,928,180 | |||
| 37 | Uniswap UNI | $4 522 378 419 | $7.53 | $783 940 781 | 600,425,074 | |||
| 60 | Jupiter Perpetuals Liquidity Provider Token JLP | $1 662 240 513 | $4.79 | $28 538 949 | 347,206,682 | |||
| 91 | Jupiter Exchange Token JUP | $1 000 753 522 | $0.310920 | $29 012 893 | 3,218,688,889 | |||
| 100 | Aerodrome Finance AERO | $828 284 079 | $0.914163 | $161 043 626 | 906,057,032 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 5 | BNB BNB | $127 359 056 275 | $915.04 | $2 951 422 861 | 139,184,442 | |||
| 20 | LEO Token LEO | $8 474 351 415 | $9.17 | $431 067 | 923,921,789 | |||
| 28 | OKB OKB | $6 842 379 648 | $114.04 | $51 376 111 | 60,000,000 | |||
| 35 | Bitget Token BGB | $4 785 983 406 | $3.99 | $70 342 005 | 1,200,000,000 | |||
| 37 | Uniswap UNI | $4 522 378 419 | $7.53 | $783 940 781 | 600,425,074 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 3 | Tether USDT | $177 517 024 747 | $1.000545 | $134 188 846 223 | 177,420,277,588 | |||
| 7 | USDC USDC | $75 794 055 570 | $1.000876 | $19 713 454 231 | 75,727,735,624 | |||
| 8 | Lido Staked Ether STETH | $31 149 387 607 | $3 180.33 | $73 040 301 | 9,794,399 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $13 792 246 254 | $3 878.88 | $25 575 896 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $12 908 073 004 | $98 401.20 | $475 004 223 | 131,178 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
IDEX




