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Degen Dex


11/30/2022, 7:08:05 PM

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Degen Dex is on the decline this week.

The price of Degen Dex has fallen by 0.91% in the past 7 days. The price declined by 8.00% in the last 24 hours. In just the past hour, the price grew by 0.02%. The current price is $0.00000058 per DEGN. Degen Dex is 98.06% below the all time high of $0.000030.

The current circulating supply is 0 DEGN.


What is Degen Dex (DEGN)?

Degen Dex is a decentralized exchange (DEX) platform designed by its development team to improve trading on the Solana ecosystem. Solana is a blockchain platform for scalable and decentralized applications. Degen Dex enables a seamless, integrated trading experience in the Solana ecosystem, regardless of their trading level. The platform aims to offer GUI-based (Graphical User Interface) SPL(Solana program library) token management. Degen has its Launchpad that gives users a comprehensive experience of the token sale. Launchpads help blockchain-based projects raise capital and give access to initial-stage token sales.

$DEGN is the token of the Degen Dex platform. On the platform, users can trade, swap, and yield farm with DEGN token. Yield farming is the process of earning tokens by lending or holding the tokens. Degen DEX also facilitates external network linkage expansion of NFTs, token utility, and can easily list any minted tokens.

The tokenomics of the DEGN token is distributed in following way;

  • Degen Dex offers 25 percent of the token supply to all the users who provide their DEGN token for staking, i.e., 4.6 billion DEGN as rewards.

  • Twenty-percent of the token supply, i.e., 4.6 billion, is distributed to the Solana ecosystem and community.

  • Marketing and Promotions reserve fifteen percent of the total amount.

  • Twenty percent of the token supply is used for the liquidity pools to make trading easier for users.

  • Degen Dex team is allocated 10 percent of the token supply.

  • The remaining 5 percent is utilized to build connections between various projects, communities, and established businesses.

History of Degen Dex

The Degen Dex coin was launched on the Solana Blockchain in October 2021. The first airdrop of the DEGN token supply was made in the same year of its launch. The network has partnered with Serum, Raydium, Solscan and more.

The total supply of the Degen Dex token is 18.4 billion DEGN.

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Last update: 7:07 PM

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What is the current price of Degen Dex?

The price of 1 Degen Dex currently costs $0.00000058.

What is the market cap of Degen Dex?

The current market cap of Degen Dex is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Degen Dex?

The all-time high of Degen Dex is $0.000030. This all-time high is highest price paid for Degen Dex since it was launched.

What is the 24 hour trading volume of Degen Dex?

Over the last 24 hours, the trading volume of Degen Dex is $7.21.

What other assets are similar to Degen Dex?

Assets that have a similar market cap to Degen Dex include SpiceUSD, Swampy, SoldierNodes, and many others. To see a full list, see our comparable market cap assets.

How many Degen Dex are there?

The current circulating supply of Degen Dex is 0.