The Defiant • Jun 05, 23
Curve’s Stablecoin to Support Lido’s stETH
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Market
Market stats
Market cap
-
Volume (24h)
$2,348.67
Circulating supply
-
All time high
$5.97
Price change (1h)
-0.43%
Price change (24h)
-8.34%
Price change (7d)
-6.31%
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Comdex is on the decline this week.
The price of Comdex has fallen by 6.31% in the past 7 days. The price declined by 8.34% in the last 24 hours. In just the past hour, the price shrunk by 0.43%. The current price is $0.0377 per CMDX. Comdex is 99.37% below the all time high of $5.97.
The current circulating supply is 0 CMDX.
Ratings
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About
What Is Comdex (CMDX)?
Comdex is a blockchain-based decentralized finance (DeFi) platform. The platform focuses on bridging the gap between traditional or centralized finance and DeFi. Comdex aims to create synthetic asset protocols for allowing traders to access a broad range of assets in the financial markets and generate a maximum yield from safer avenues. The protocols are designed to unlock access to major commodity debt assets and liquidity, aiming to enable seamless capital flow from DeFi to centralized finance.
According to the Comdex whitepaper, the platform is built with interoperability as a fundamental principle. Comdex claims that interoperability—the ability to exchange information with multiple blockchain networks—helps it aggregate liquidity from various DeFi ecosystems. Further, the platform aims to channel the aggregated liquidity into the conventional financial space.
Comdex also functions as a decentralized exchange (DEX) for the trade of synthetic assets- assets that mimic the value of another asset. The platform allows users to trade in tokenized synthetic assets that provide them exposure to real-world assets across the globe. The DEX seeks to enable users to provide liquidity, borrow funds, and enter speculation on multiple assets. Comdex states that synthetic assets are an important factor in achieving its goal of democratizing the financial space.
CMDX is the native cryptocurrency of the Comdex ecosystem. The digital asset functions as a utility as well as a governance token. The platform allows CMDX holders to control and operate key parameters and decide on network modifications. Comdex also collects transaction fees and rewards liquidity providers in CMDX tokens.
History of Comdex (CMDX)
Comdex mainnet was launched in November 2021, though enterprise trading began in November 2018. The platform was cofounded by Abhishek Singh and Siddharth Patil—CEO and COO of Comdex, respectively. The Comdex whitepaper was co-authored by the co-founders themselves. The maximum supply of CMDX is capped at 200,000,000 tokens, out of which 25% is reserved for the team and another 25% for liquidity providers.
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Comdex Calculator
How much is 1 CMDX?
Conversion Table
CMDX/USD (US Dollar)
$0.0377
CMDX/CAD (Canadian Dollar)
CA$0.0507
CMDX/GBP (British Pound)
£0.0304
CMDX/EUR (Euro)
€0.0352
CMDX/NGN (Nigerian Naira)
NGN 17.45
CMDX/SGD (Singapore Dollar)
S$0.0509
Reading List
News
BeInCrypto • Jun 05, 23
Ethereum Transaction Fees Drop: Network Cools After a Busy Month
Ethereum's gas fees dropped 60% in dollar terms after the frenzy surrounding ERC-20 meme coins PEPE, TROLL, APED and BOBO died down. Ethereum's gas fees dropped 60% in dollar terms after the frenzy surrounding ERC-20 meme coins PEPE, TROLL, APED and BOBO died down.
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CoinDesk • Jun 05, 23
The Lightning Network Doesn’t Fix Everything Wrong With Bitcoin
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Decrypt • Jun 05, 23
Bitcoin and Ethereum Have a Meh Monday While Gaming Tokens Score Gains
Most of the crypto market is having a meh Monday—except for a handful of gaming and metaverse tokens.
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BeInCrypto • Jun 05, 23
Ethereum (ETH) Price Defends $1,800 Mark as Exchange Supplies Hit Multi-Year Lows
ETH Exchange Balance has hit a 5-year low. Can Ethereum price finally flip the critical $2,000 milestone for the first time since April? ETH Exchange Balance has hit a 5-year low. Can Ethereum price finally flip the critical $2,000 milestone for the first time since April?
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CoinDesk • Jun 05, 23
First Mover Americas: Is Bitcoin Heading Below $26K?
The latest price moves in bitcoin (BTC) and crypto markets in context for June 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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CoinDesk • Jun 05, 23
Bitcoin Retail Demand to Remain Strong Ahead of Halving Event: JPMorgan
The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.
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Guides
Coinbase
How to Buy Comdex
Comdex is not currently supported across Coinbase's vast ecosystem. But there are still ways you can buy Comdex.
Read more
Coinbase
How to Stake Comdex
Comdex is not currently available to stake on Coinbase’s ecosystem, but you can learn more about how to earn rewards through Comdex Staking Page.
Read more
Coinbase Bytes
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FAQ
What is the current price of Comdex?
We update our Comdex to USD currency in real-time. Get the live price of Comdex on Coinbase.
What is the market cap of Comdex?
The current market cap of Comdex is $0.00. A high market cap implies that the asset is highly valued by the market.
What is the all time high of Comdex?
The all-time high of Comdex is $5.97. This all-time high is highest price paid for Comdex since it was launched.
What is the 24 hour trading volume of Comdex?
Over the last 24 hours, the trading volume of Comdex is $2.35K.
What other assets are similar to Comdex?
Assets that have a similar market cap to Comdex include FastSwap (BSC), AS Monaco Fan Token, Clay Nation, and many others. To see a full list, see our comparable market cap assets.
How many Comdex are there?
The current circulating supply of Comdex is 0.
Can I buy Comdex on Coinbase?
No, Comdex is not currently available on Coinbase, but you can sign up to get the latest news on Comdex and be notified when it gets added to our exchange.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.