You didn't think we'd actually stop at just 8 DeFi listings this week, did you? Up next is number 9, MCDEX (MCB)! MCB joins our 30+ other DeFi assets in our Innovation Zone, including our newest additions from DeFi Listing Week so far: BAND, DOS, DIA, ZAP, sBREE, PERX, TRB, and DEXT.
Interested in our new DeFi listings? Tell your friends and earn 20% on their trading fees
Market Cap: $5,385,404
Market Cap Rank: #484
24hr Trading Volume: $1,135,599
7d High / 7d Low: $4.03 / $6.92
All Time High: $15.75 (July 24, 2020)
All Time Low: $1.15 (July 13, 2020)
Circulating Supply: 1,177,716 MCB
What is MCDEX?
MCDEX is one of the first DeFi derivatives exchanges. The mission of MCDEX is to make investing in DeFi more accessible by creating a secure and easy-to-use blockchain-based decentralized financial platform. Their main product is their Decentralized Perpetual Contract which they say is their most important underlying asset for providing financial services. The maximum leverage of the MCDEX perpetual contract is 10x. MCB, MCDEX’s native token, is used for voting purposes, to capture value from trading, to provide AMM liquidity, and to take on some of the liquidation risk from their traders. MCB is listed as an ERC-20 token on Poloniex. Deposit MCB now and begin trading.