What is MDEX (HECO)?

MDEX (HECO) (MDX) is an altcoin currently ranked 547th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.

Market position

At the current price of $0.0317, MDEX (HECO) carries a market capitalization of $30.13M. Daily trading volume across exchanges sits at roughly $1.94K. That works out to a 24-hour turnover of about 0.01% of the float — lower than the broad crypto market average, suggesting limited short-term speculative flow.

Price action across timeframes

Over the past 24 hours, MDEX (HECO) has moved -1.77%; over the past week, MDEX (HECO) has moved -1.81%. Short-term and long-term direction diverge here, which often happens at inflection points where a trend is either reversing or pausing.

Cycle position

MDEX (HECO) is currently trading deeply below its all-time high (all-time high of $0.0890, -64.4% from peak). Classic accumulation territory where long-term holders historically build positions.

Supply & dilution

The circulating supply stands at 1,060,000,000 MDX. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts MDEX (HECO) in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual.

How to evaluate MDEX (HECO)

A balanced read on MDX typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is MDX performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

MDEX (HECO) is a decentralized exchange platform that operates on the HECO blockchain, enabling users to trade various cryptocurrencies while benefiting from enhanced liquidity and low transaction fees. Source: CoinPaprika.com