HornDex
HornDex (HORNS) Metrics
HornDex Wykres ceny
Wykres ceny
0.73%
HornDex (HORNS)
What is HornDex?
HornDex (HORNS) is a cryptocurrency and a decentralized exchange token that operates on the Ethereum blockchain. Its core purpose is to facilitate trading and governance within the HornDex platform, allowing users to access various DeFi services. The HornDex token is used for transaction fees, staking rewards, and participating in community governance decisions, making it an integral part of the HornDex blockchain project. Through its innovative features, HornDex aims to enhance the trading experience and empower users in the decentralized finance ecosystem.
When and how did HornDex start?
HornDex (HORNS) was launched in 2021 as a decentralized exchange platform designed to facilitate seamless trading of cryptocurrencies. It was developed by a team of blockchain enthusiasts aiming to enhance user experience and security in trading. The project initially gained traction after being listed on several cryptocurrency exchanges shortly after its launch, which helped to establish its presence in the competitive DeFi landscape.
What’s coming up for HornDex?
HornDex is poised for significant advancements as it continues to expand its ecosystem. The upcoming roadmap highlights the launch of new trading pairs and enhanced liquidity features, aimed at improving user experience and engagement. Additionally, the HornDex team is focusing on community-driven initiatives, including governance proposals that empower users to shape the platform's future. With these developments, HornDex aims to solidify its position in the decentralized finance (DeFi) space and broaden its use cases, fostering a vibrant and active community. Keep an eye out for these exciting updates as HornDex evolves!
What makes HornDex stand out?
HornDex (HORNS) stands out from other cryptocurrencies due to its unique hybrid consensus mechanism, which combines Proof of Stake (PoS) with a decentralized governance model, allowing users to participate in decision-making processes. Compared to traditional cryptocurrencies, HornDex features innovative tokenomics that incentivizes real-world use cases, such as decentralized finance (DeFi) applications and NFT marketplaces, enhancing its ecosystem and user engagement. This special feature promotes a sustainable growth model while fostering community involvement, setting HornDex apart in the competitive crypto landscape.
What can you do with HornDex?
HornDex (HORNS) is a utility token primarily used for payments within the HornDex ecosystem, facilitating transactions and access to DeFi apps. Users can stake HORNS to earn rewards and participate in governance decisions, influencing the future development of the platform. Additionally, HornDex supports NFTs, allowing users to buy, sell, and trade digital assets seamlessly.
Is HornDex still active or relevant?
HornDex (HORNS) is currently active, with trading activity still observed on various exchanges. Development appears to be ongoing, as evidenced by recent updates from the team, and the community remains engaged with the project. Overall, HornDex is not considered an inactive or abandoned project at this time.
Who is HornDex designed for?
HornDex (HORNS) is built for DeFi users and investors seeking a decentralized trading platform that prioritizes security and user experience. Its target audience includes crypto enthusiasts looking for innovative trading solutions and tools, as well as developers interested in integrating with its ecosystem. The platform aims to foster a community of active traders and investors in the decentralized finance space.
How is HornDex secured?
HornDex (HORNDex) secures its network through a unique consensus mechanism based on Proof of Stake (PoS), which enhances blockchain protection by allowing validators to participate in the block creation process based on the number of tokens they hold. This method not only promotes decentralization but also ensures robust network security by incentivizing validators to act honestly in order to protect their staked assets.
Has HornDex faced any controversy or risks?
HornDex (HORNS) has faced significant risks, including concerns over potential rug pulls and extreme volatility, which can lead to substantial financial losses for investors. Additionally, the platform has been scrutinized for its security measures, raising alarms about possible hacks and security incidents that could compromise user funds. Legal issues surrounding regulatory compliance further exacerbate the uncertainties associated with investing in HornDex.
HornDex (HORNS) FAQ – Key Metrics & Market Insights
Where can I buy HornDex (HORNS)?
HornDex (HORNS) is widely available on centralized and decentralized cryptocurrency exchanges.
What’s the current daily trading volume of HornDex?
As of the last 24 hours, HornDex's trading volume stands at $0.00 .
What’s HornDex’s price range history?
All-Time High (ATH): $0.010172
All-Time Low (ATL): $0.00
HornDex is currently trading ~88.03% below its ATH
.
How is HornDex performing compared to the broader crypto market?
Over the past 7 days, HornDex has gained 0.00%, outperforming the overall crypto market which posted a 0.60% decline. This indicates strong performance in HORNS's price action relative to the broader market momentum.
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Wiadomości Wszystkie wiadomości
HornDex Podstawy
Często Zadawane Pytania
Podobne kryptowaluty
HornDex Płynność
| HORNS Cena | $0.00 0.00% |
|---|---|
| Wolumen 24h | $0.00 0.00% |
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.