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IDEX

IDEX (IDEX)

$ 0.00
-14.36 %
Main info
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Markets
Analytics
Market cap
$426.25K
-14.36 %
Volume (24h)
$84.11K
-14.36 %
Circulating supply
979,353,835 IDEX
Total supply
1,000,000,000 IDEX
Max. supply
1,000,000,000 IDEX

About IDEX

Aurora is a collection of Ethereum applications and protocols that together form a distributed banking and finance platform.

Aurora provides an advanced financial network through Aurora’s distributed exchange, IDEX, and own stable currency, the boreal. Boreals are backed by a combination of debt and retailer endorsement, starting with IDEX, and are available to customers via loans based on their digital economic reputation.

Traders on IDEX can rest easy knowing that at all times their funds are safe thanks to the non-custodial properties of the exchange.

Key data

updated $0
Market cap$426.25K
Volume 24h$84.11K
Circulating supply979.35M98% of max 1B
All-time high$0.94-100% from peak · 2021-09-08

IDEX (ticker: IDEX) is the token of IDEX, a hybrid decentralized exchange best known for being one of the first platforms to combine the speed of centralized order matching with the security of on-chain settlement. In simple terms, it's the utility token of a trading platform where users keep control of their funds while still getting a fast, order-book trading experience. The coin has a hard cap of 1,000,000,000 and is mineable.

Frequently asked questions

What is IDEX and how is it different from other exchange tokens?

IDEX is the native token of the IDEX exchange, a hybrid DEX that processes trades off-chain for speed but settles them on-chain for security. Unlike many exchange tokens that exist purely for fee discounts, IDEX was designed around a trading model that predates most automated market makers. It's also mineable, which is unusual for an exchange token.

How does the IDEX network work?

The token operates on a Proof-of-Work consensus mechanism, meaning new coins can be mined by contributing computational power. The IDEX exchange itself uses a hybrid architecture: an off-chain engine matches orders instantly, while the blockchain records and finalizes every transaction. This split lets traders avoid gas wars and failed transactions common on fully on-chain exchanges.

How is IDEX issuance structured?

IDEX has a hard cap of 1,000,000,000 coins, so no more than that will ever exist. Because the token is mineable, supply is released gradually through mining rather than all at once. The fixed cap makes the total supply fully transparent from day one.

How can you store and use IDEX?

Since IDEX is a token, it can be held in any compatible wallet — hardware wallets and popular non-custodial options are the safest bet for long-term storage. On the exchange itself, the token is used within the platform's trading and staking ecosystem. Always double-check the official site (idex.market) for the current contract address before making any transfers.