$ 0.7630 USD
$ 0.7630 USD
$ 710.383 million USD
$ 710.383m USD
$ 44.658 million USD
$ 44.658m USD
$ 495.353 million USD
$ 495.353m USD
930.993 million SPX
Issue Time
2023-09-21
Platform pertained to
--
Current coin price
$0.7630USD
Market Cap
$710.383mUSD
Volume of Transaction
24h
$44.658mUSD
Circulating supply
930.993mSPX
Volume of Transaction
7d
$495.353mUSD
Change
24h
0.00%
Number of Markets
318
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
-37.62%
1Y
+55449.66%
All
+35929.49%
SPX is a cryptocurrency that has garnered attention for its innovative approach to decentralized finance (DeFi). It serves as a utility token within its ecosystem, enabling users to participate in various DeFi activities such as staking, liquidity provision, and governance .
The token's utility is not just limited to speculative trading; it plays a pivotal role in the platform's services, acting as a medium of exchange and a staking currency. SPX holders can stake their tokens to earn rewards and participate in the network's governance, influencing future developments and decisions .
The project's tokenomics include a deflationary mechanism, where a portion of each transaction is redistributed to existing holders, and another portion is potentially burned, reducing the overall supply and potentially increasing the value of the tokens over time .
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