Score withheld

MDEX

MDX

DeFi, financial protocol weights

STRICT score withheld.Score opens with Pro

Sustainabilitywithheld×0.20–

Transparencywithheld×0.16–

Revenuewithheld×0.24–

Innovationwithheld×0.16–

Communitywithheld×0.10–

Tokenomicswithheld×0.14–

Weights are public.

The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.

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Research, not financial advice. Read the terms.

About MDEX

Analysis of 11 Dec 2025

MDEX (MDX) is a multi-chain decentralized exchange protocol launched in January 2021 on Huobi ECO Chain (HECO), later expanding to BNB Smart Chain and Ethereum. As of December 2025, the token trades at $0.000824-$0.001163 with market capitalization of $1.05-$1.19 million and daily trading volume of only $11,475-$94,737.

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The platform peaked at $10.06 per token in February 2021 but has suffered a catastrophic 99.99% decline to current levels. Ranked #2199 on CoinMarketCap with 950.2 million MDX tokens in circulation (89.6% of 1.06 billion max supply), MDEX has experienced near-complete trading cessation on major exchanges.

The protocol's dual mining mechanism and cross-chain bridge connecting BSC, HECO, and Ethereum failed to sustain user interest following China's 2021 crypto crackdown and Huobi exchange's market decline.

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