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MDEX

CEX

Launched: 2021-01-05

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Volume 24h
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Volume 7d
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Volume 30d
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Vol. Change 24h
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Trading Pairs
—
Coins Listed
—
Monthly Visits
493
Weekly Visits
115
Best Referral Code
N/A
Liquidity (24h)
N/A
Traffic Score
N/A
Maker / Taker Fee
N/A

MDEX Trading Volume History

Daily 24h volume snapshots collected by DEXCEX

No historical volume snapshots available yet.

Trade on MDEX

Visit MDEX to explore available markets and trading pairs.

Tags

Decentralized Exchange (DEX) TokenDEXAMM exchange

About MDEX

What Is MDEX? MDEX is an automatic market-making [decentralized exchange](https://coinmarketcap.com/alexandria/de/glossary/decentralized-exchange-dex) (DEX) that uses a fund pool to provide users with increased [liquidity](https://coinmarketcap.com/alexandria/glossary/liquidity)

The platform utilizes a mix-chain model based on the Heco Chain and Ethereum, combining the low transaction fees of the Huobi Ecological Chain (Heco) with the liquidity of Ethereum. The platform's main features include liquidity mining, dual mining, token swaps and automated market maker. #

Who Are the Founders of MDEX? Nate Flanders and Anant Handa first thought of creating a crypto exchange in late 2017

However, MDEX launched only in late January 2021. Flanders is the current MDEX CEO, while Handa is its CSO. Nate graduated from the Florida State College, Jacksonville, with a degree in Business Administration, Management, and Operations. He has headed a number of organizations, including founding ResQ, co-founding the startup Crypto Coin Trader, and being the President of the popular bitcoin and altcoin price alert application, Bitwatch. His partner, Anant, holds a Bachelor of Science degree in Chemical Engineering from Purdue University and an MBA from Columbia University Business School. He was the Projects Control Engineer at ExxonMobil Development Company, an Investment Banking Associate at Credit Suisse, a product manager at Apple, and the advisor and COO at Panda Analytics. #

When Was MDEX Launched? The platform became open to public access on January 6, 2021

Its transaction mining and liquidity mining launched on the same day. In September 2021, it rolled out its DAO governance feature. On October 8, 2021, the DEX became available on the Ethereum blockchain. #

Where Is MDEX Located? The company has its primary headquarters in Singapore

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MDEX Restricted Countries According to the company’s website, it has restricted IP access from Canada, Singapore, China (including Hong Kong, Macau, Taiwan), and North Korea

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What Coins Are Supported on MDEX? The exchange platform currently lists 55 cryptocurrencies, with zero fiat currencies and trading pairs

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How Much Are MDEX Fees? MDEX charges a 0.3% transaction fee on all trades

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Is it Possible To Use Leverage or Margin Trading on MDEX? The DEX does not support margin trading on spot markets

However, in October 2022, it launched a USDT-margined perpetual trading feature in collaboration with the on-chain derivatives platform ApolloX Finance.

MDEX in the CEX Ranking on dexcex.io

MDEX is tracked in the CEX Ranking on dexcex.io alongside every other major centralized exchange. Its position in the CEX Ranking is updated regularly based on 24h trading volume, exchange score, liquidity and web traffic.

Compare MDEX's 24h volume and fees against other top venues in the CEX Ranking on dexcex.io, then check how its listed assets perform inside the crypto rankings to spot which markets are driving its volume.

dexcex.io combines the DEX Ranking, the CEX Ranking and full crypto rankings in one portal, so you can move from this MDEX profile straight into the broader market context without leaving the site.

Frequently Asked Questions about MDEX

What is MDEX and is it a DEX or CEX?
MDEX is a centralized exchange (CEX), launched on 2021-01-05. As a CEX, it acts as an intermediary matching buyers and sellers with order books and custodial wallets.
How does MDEX work?
MDEX operates as a centralized exchange where users create an account, deposit funds (crypto or fiat), and place buy or sell orders through the platform's order book. The exchange matches orders between buyers and sellers and holds user funds in custodial wallets. The platform offers multiple trading pairs.
How does MDEX differ from other centralized exchanges?
MDEX stands out among CEXs with its trading activity. Key differentiating factors for CEXs include fee structure, number of supported assets, trading products (spot, futures, margin), regulatory status, and security measures.
What is MDEX's 24h trading volume?
MDEX currently has a 24-hour trading volume of —. The 7-day volume is — and the 30-day volume is —. CEX volume is a key indicator of exchange liquidity and activity.
How many trading pairs does MDEX support?
MDEX currently supports multiple trading pairs. More trading pairs generally means more options for traders to diversify their crypto portfolio.
What are MDEX's trading fees?
Detailed fee information for MDEX may vary by trading pair and user tier. Check the exchange's official fee schedule for the most up-to-date rates.
Where does MDEX rank among CEX exchanges?
MDEX is ranked #— in the CEX ranking on DEXCEX based on trading volume, liquidity score, web traffic and other key metrics.
What is the difference between a DEX and a CEX?
A DEX (decentralized exchange) lets users trade crypto directly from their wallets via smart contracts — there is no central authority holding funds. A CEX (centralized exchange) acts as a middleman, holding user deposits and matching orders through a centralized order book. DEXs offer self-custody and transparency, while CEXs typically provide faster execution, fiat on-ramps, and more advanced trading products. MDEX is a CEX, providing a managed trading environment with additional features.
How much web traffic does MDEX receive?
MDEX receives approximately 493 monthly visits (115 weekly). Web traffic is an important metric for evaluating exchange popularity and user adoption in CEX rankings.
What is MDEX's liquidity score?
The liquidity score for MDEX is currently not available. Liquidity is a critical factor for trade execution quality and is factored into CEX rankings on DEXCEX.
Is MDEX safe to use for crypto trading?
MDEX is listed on DEXCEX. As a centralized exchange, security depends on the platform's infrastructure, insurance funds, and regulatory compliance. Always enable two-factor authentication and withdraw large holdings to personal wallets. DEXCEX provides data and rankings but does not endorse any specific exchange.