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Dynex (DNX) is not tradable on Coinbase.

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Dynex

DNX

About Dynex

Dynex (DNX) is a platform for neuromorphic computing, built on a flexible blockchain protocol. It strives to create a decentralized neuromorphic supercomputing network, which aims to perform computations at high speed and efficiency. The network is composed of participating miners who utilize the proprietary Proof-of-Useful-Work (PoUW) algorithm, DynexSolve, to perform computations. This approach aims to transform traditional computers into neuromorphic machines, potentially driving new discoveries in the field of computing. The DNX utility coin is used on the platform to compensate for neuromorphic computing time and can be obtained by mining.

Dynex operates through its proprietary DynexSolve algorithm, which enables each miner to perform computations. The algorithm leverages the power of dormant GPU infrastructure, particularly in the ASIC-dominated proof-of-work token mining industry, to build powerful neuromorphic computing clusters. This aims to create a network with high computational speeds and efficiency. The Dynex platform uses a process called neuromorphic annealing to search for solutions to a problem, harnessing the natural tendency of real-world physical systems to find low-energy states. This approach is fundamentally different from classical computing and seeks to solve complex problems more efficiently.

Dynex has potential use cases in various fields, thanks to its aim to perform tasks at high speed and efficiency. It seeks to solve real-world problems in various fields, including artificial intelligence, healthcare, science, architecture, and smart cities. By transforming computers or dormant GPU mining equipment into neuromorphic machines, users can participate in the network and contribute to problem-solving efforts. The platform also aims to provide a cost-effective solution for the development of large-scale language models and other AI applications.

Dynex was initially not a blockchain project but was created as a chain after its potential was recognized. The project began with research and prototyping, followed by neuromorphic experiments and chip design. The first chip design solved problems with up to eight variables and was implemented on breadboards with a number of Raspberry Pis connected. The mainnet launch of DynexSolve PoUW took place in September 2022, marking a milestone for the project. Since then, Dynex has sought listing on several platforms and has released various wallets for users to manage their DNX assets. The project continues to evolve, with ongoing efforts to improve security, support machine learning, and integrate with Python.

Market

Market stats

Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more

Market cap

$61.1M

Volume (24h)

$2.0M

Circulating supply

91.5M DNX

All time high

$1.36

Market performance

Price change (1h)

+0.66%

Price change (1d)

-8.21%

Price change (1w)

-9.82%

Price change (2w)

+7.67%

Price change (1m)

+31.91%

Price change (1y)

+146.28%

Related Assets

Coinbase Bytes

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Dynex is on the decline this week.

The price of Dynex has increased by 0.66% in the last hour and decreased by 8.21% in the past 24 hours. Dynex’s price has also fallen by 9.82% in the past week. The current price is $0.67 per DNX with a 24-hour trading volume of $2.03M. Currently, Dynex is valued at 51.06% below its all time high of $1.36. This all-time high was the highest price paid for Dynex since its launch.

The current circulating supply of Dynex is 91,467,230.128 DNX which means that Dynex has as total market cap of 91,467,230.128.

FAQ

What is the current price of Dynex?

We update our Dynex to USD currency in real-time. Get the live price of Dynex on Coinbase.

What is the market cap of Dynex?

The current market cap of Dynex is $61.08M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Dynex?

The all-time high of Dynex is $1.36. This all-time high is highest price paid for Dynex since it was launched.

What is the 24 hour trading volume of Dynex?

Over the last 24 hours, the trading volume of Dynex is $2.03M.

What other assets are similar to Dynex?

Assets that have a similar market cap to Dynex include Shrapnel, Spell Token, Forta, and many others. To see a full list, see our comparable market cap assets.

How many Dynex are there?

The current circulating supply of Dynex is 91 million.

Can I buy Dynex on Coinbase?

No, Dynex is not currently available on Coinbase, but you can sign up to get the latest news on Dynex and be notified when it gets added to our exchange.