{"id":646,"date":"2021-06-03T04:46:12","date_gmt":"2021-06-03T04:46:12","guid":{"rendered":"https:\/\/deficoins.io\/?page_id=646"},"modified":"2021-06-03T05:05:07","modified_gmt":"2021-06-03T05:05:07","slug":"mdex-review","status":"publish","type":"page","link":"https:\/\/deficoins.io\/review\/mdex","title":{"rendered":"MDEX Review: Everything You Need to Know About MDEX"},"content":{"rendered":"

Decentralized Finance in recent times has experienced exponential growth characterized by the emergence of several chains or projects like MDEX. This has led to congestion in the Ethereum blockchain leading to an increase in the price of ETH (Ether) and gas fees.<\/p>\n

As a result, other chains have started to spring up in the crypto space. A good example of such a chain is the Huobi Eco Chain launched by Huobi, a popular Crypto Exchange in China.<\/p>\n

\u2018Heco\u2019 is a decentralized public chain where Ethereum devs can design and launch Dapps. The platform functions similarly to Ethereum<\/a>, which enables it to be compatible with smart contracts. It is more cost-efficient and faster than Ethereum. It makes use of the Huobi token as its gas fees.<\/p>\n

Buy MDEX with Our Top Broker<\/span><\/a><\/div>\n

MDEX is a platform integrated into the Heco chain that is dominating the DEX sector. It started mining activity on the 19th<\/sup> of January 2021.<\/p>\n

With barely two months of its existence, MDEX recorded two billion Dollars as the total pledged amount of its liquidity pool and over 5.05 Billion Dollars in transaction volume for every 24-hour.<\/p>\n

This exceeds the amount of Uniswap and SushiSwap. The platform is also called DeFi Golden Shovel and currently has a Total Value Locked (TVL) of USD 2.09 billion.<\/p>\n

Keep reading this MDEX review to learn everything that is contributing to the success of this decentralized protocol.<\/p>\n

Contents<\/p>