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Price
$0.11
9/30/2022, 8:24:42 PM
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Market

Market stats

Market cap

$5.6M

Volume (24h)

$4,101.21

Circulating supply

52.5M DXL

All time high

$1.47

Price change (1h)

-0.02%

Price change (24h)

-2.7%

Price change (7d)

+4.74%

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Dexlab is on the rise this week.

The price of Dexlab has risen by 4.74% in the past 7 days. The price declined by 2.70% in the last 24 hours. In just the past hour, the price shrunk by 0.02%. The current price is $0.105834 per DXL. Dexlab is 92.80% below the all time high of $1.47.

The current circulating supply is 52,526,785.59 DXL.

About

What Is DexLab (DXL)?

DexLab is a decentralized exchange that seeks to offer cross-chain trading, allowing clients to conduct transactions at the time and price of their choosing.The recent market studies show that the existing DeFi protocols have two structural problems. The first is hefty transaction fees, and the second is the execution time delay. Therefore, to address these issues, DexLab aims to launch a project that borrows Serum Network’s GUI (graphical user interface) and combines it with the innovative Solana blockchain. Serum is a decentralized exchange (DEX) launched on the Solana blockchain to efficiently steer transactions in time. The project Serum also offers numerous features such as swapping. The DexLab platform works on the parameters to seek to provide on-time transactions, swapping, cross-chain support, and stablecoins. At the same time, DexLab utilizes Serum GUI to provide visualized data analysis of DEX markets to users.

Next, DexLab is deployed on the Solana blockchain to aim to enable interoperability between different blockchains for cross-chain trading. Solana is a blockchain known for its cheap transaction fee structure and fast speed. Hence, this integration allows the DexLab customers to possibly obtain great speed, price, and user experience, same as a centralized exchange. In addition, the platform also seeks to make launching on Solana easier with the help of a token minting lab, dedicated DEX, and launchpad for all listings.

Apart from this, the DexLab ecosystem aim to introduce the users to a few more platform features:

  • Swap: Interoperability between token to token allows for no involvement of a third party to manage the swap.

  • Orderbook: DexLab provides complete control of orders to the network traders by maintaining a decentralized automated full limit orderbook.

  • ETH Integration: DexLab token is interoperable with ERC-20 tokens for faster and more efficient transactions. The token ticker for DexLab is DXL, and it is the utility token of the platform. DXL is the payment source of trading for all the DexLab network transactions.

History of DexLab (DXL)

Dennis S. Lee is the founder of the DexLab platform, and the company released its whitepaper in January 2021. DexLab organized its IDO (initial DEX offering) on June 1, 2021, and it continued till June 6, 2021. The maximum total supply for DXL is 1,000,000,000.

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FAQ

What is the current price of Dexlab?

The price of 1 Dexlab currently costs $0.11.

What is the market cap of Dexlab?

The current market cap of Dexlab is $5.56M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Dexlab?

The all-time high of Dexlab is $1.47. This all-time high is highest price paid for Dexlab since it was launched.

What is the 24 hour trading volume of Dexlab?

Over the last 24 hours, the trading volume of Dexlab is $4.10K.

What other assets are similar to Dexlab?

Assets that have a similar market cap to Dexlab include Mysterium, GPEX, Unification, and many others. To see a full list, see our comparable market cap assets.

How many Dexlab are there?

The current circulating supply of Dexlab is 53 million.

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