Polkadex is not tradable on Coinbase.

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About Polkadex

Polkadex (PDEX) is a cryptocurrency launched in 2021and operates on the Ethereum platform. Polkadex has a current supply of 22,800,000 with 8,360,000 in circulation. The last known price of Polkadex is 0.01003777 USD and is up 0.00 over the last 24 hours. It is currently trading on 15 active market(s) with $0.00 traded over the last 24 hours.

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$0.8199

Market Stats

Market Cap

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FDV

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Circ. Supply

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Max Supply

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Total Supply

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Performance

Popularity

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Dominance

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Volume (24H)

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Volume (7D)

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Volume (30D)

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All time high

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Additional details

Market details

PDEX vs markets

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PDEX vs BTC

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PDEX vs ETH

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Tags

Network & Addresses

Network
Address

Ethereum

0xF59ae934f6fe444afC309586cC60a84a0F89Aaea

Sora

0x008a99c642c508f4f718598f32fa9ecbeea854e335312fecdbd298b92de26e21

Price history

Time
Price
Change
Today
$0.8199
NaN%
1 Day
$0.8199
0.00%
1 Week
$0.01004
0.00%
1 Month
$0.01004
0.00%
1 Year
$0.2501
0.00%

FAQ

Polkadex is a decentralized peer-to-peer (P2P) cryptocurrency exchange for the DeFi ecosystem. The DEX was created on Substrate and is based on an order book (list of trade orders). Substrate refers to a blockchain technology, particularly, a framework for creating customized blockchains. Thus, the Polkadex orderbook is a hybrid crypto-exchange supported by Web3 (internet version). The entire trading platform operates on the Substrate framework and combines the Automated Market Maker (AMM) model common in several DEXs, with an orderbook model utilized by centralized exchanges. Automated market makers (AMM) are part of decentralized exchanges introduced for removing any intermediaries while trading cryptocurrencies.

The mission of Polkadex is to merge the characteristics of cryptocurrency exchanges and user experience with the benefits of decentralized safety and security. Polkadex was created for attaining this mission with innovative ideas focusing on key areas such as liquidity, custody of assets, the execution speed of trades, and customer areas.

Further, Polkadex aims towards developing a decentralized network utilizing the Substrate framework, focusing on resolving the interface issue by introducing a centralized trading experience. The Substrate framework supports the development of composable, interoperable, and application-specific blockchains without any complexities related to block consensus (transaction verification) and production.

Moreover, to resolve the issue of low liquidity, Polkadex links AMMs to the trading engine directly. The auto market makers operate as on-chain market-making bots. Bots are implemented by traders to facilitate trade automatically in the cryptocurrency markets. If any trade is unable to match against the Polkadex orderbook, the engine instructs on-chain trading bots to try matching the order. The trades are executed successfully only when on-chain bots provide a better price.

Polkadex was launched on September 29, 2021 by a team of many developers and the CEO of Polkadex, Gautham J. The team started migrating the PDEX tokens based on ERC-20 from Ethereum to Polkadex soon after its launch.

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

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Social stats

Popularity in posts

#2167

Contributors

9

Posts

18

% About Polkadex

0.003%

Articles

0

X (Twitter)

41.18% bullish

Sentiment

4.0 ★

Highlights

9 unique individuals are talking about Polkadex and it is ranked #2,167 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Polkadex has an average sentiment score of 4.0 out of 5. Finally, Polkadex is becoming less newsworthy, with 0 news articles published about Polkadex.

On Twitter, people are mostly neutral about Polkadex. There were 46.67% of tweets with bullish sentiment compared to 13.33% of tweets with a bearish sentiment about Polkadex. 53.33% of tweets were neutral about Polkadex. These sentiments are based on 17 tweets.

On Reddit, Polkadex was mentioned in 1 Reddit posts and there were 2 comments about Polkadex. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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