MDEX

Decentralized Finance (DeFi) has been making headlines for the past year and has massively gained users and market capitalization. DeFi refers to financial services utilizing smart contracts. These contacts are automatically enforceable agreements that do not require an intermediary such as a bank but rely on blockchain technology.  Between December 2019 and now, the DeFi industry has grown from $700 million to $74.96 billion. It represents about 5.3% of the total crypto market space. This article will then focus on…

MDEX is a decentralized exchange network offering exchange and other services in three blockchain networks, including HECO, Ethereum, and Binance smart chain. This automated market maker (AMM) platform is a distinctive network providing much-needed multichain support, thus accessible to all investors. Generally, MDEX as a network has many services that can help create income and efficiency for users. The passive income services provided include trading, staking, trading mining, and liquidity mining. The liquidity and trading mining features are part of…

A quiet battle rages behind the scenes of the decentralized exchange (DEX) community. The recent surge in the decentralized finance (DeFi) sector has driven interest in DEXes to new heights. There are currently a variety of top-performing DEXes in the market. Each platform introduces new features and services based on its technical structure. Here are the differences between the four major contenders in the market - Uniswap vs. SushiSwap vs. PancakeSwap vs. MDEX. Uniswap Uniswap is the largest Ethereum Dapp…

The rapid growth of DeFi (Decentralized Finance) has seen an increase in the demand for technical infrastructure and made the existing DeFi sector very dynamic. Most importantly, DeFi growth has brought congestion in the Ethereum blockchain resulting in an immense rise in the GAS fees and higher ETH prices. The effect has been the increased development of other chains, notably the Huobi Ecological Chain (Heco) and its platforms.  One such platform built on the Heco Chain, taking the Decentralized Exchange…