What is HMX(HMX)?

Basic information about HMX

Coin name:

HMX

Coin symbol:

Coin introduction:

What is the project about? HMX is a decentralized perpetual exchange with a cross-margin and multi-asset collateral support on Arbitrum. What makes your project unique? HMX offers the following unique features to users: 1.) Leveraged Trading (Cross-Margin & Multi-Collateral Management Support): Users can open up to 1,000x leveraged long or short positions on many asset classes including Cryptocurrency, Forex, Equity, and Commodities. HMX also accepts various crypto assets as collateral with a cross-margin collateral support, allowing for flexible position and risk management strategies. 2.) Leveraged Market Making (HLP Vault): Users can simply deposit assets into the HLP vault to become market makers on HMX. HLP vault is unique because it is built on top of GMX's GLP token. This means that the liquidity deposited into the vault will be used to market make for traders both at GMX AND HMX. Depositors continue to earn all of the yields from GMX while also earning additional yields from fees generated on HMX. History of your project. The team behind HMX Exchange are experienced traders and DeFi users. We recognize the major pain points faced by our fellow traders with the current available platforms in the market, especially with the failure of many centralized trading platform in 2022. We want to build a platform with great UX/UI, allowing anyone to trade with low-fees, and let participants earn and prosper together with the platform. HMX is backed by DeFi veterans including CoralDeFi, CryptoMind, CompoundCapital and other angel investors. What’s next for your project? Some of the highlights from our RoadMap include: - Cross-chain Expansion: Expand HMX to other chains to grow the ecosystem. Other up and coming L2 chains such as zkSync and Starknet, etc. are our priorities. - Listing additional markets: Expand the selection of assets users can trade on HMX. - Grow HMX Userbase and Community: Grow HMX through various marketing campaign and initiatives - AMAs, paid marketing, trading competitions, etc. What can your token be used for? Below are the current and planned utilities for HMX token: - Earns 25% share of protocol revenue in stablecoins when staked (shared with staked esHMX & DP) - Earns a share of esHMX token emission when staked - Earns Dragon Points (DP) at 100% APR when staked - Receive governance voting rights to help shape key decisions on the development of HMX exchange (coming soon...) - Receive tiered trading fee discount when staked (coming soon...)

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Current Price:

$0.110198More coin details

All-time high:

$19.87

All-time low:

$0.091744

HMX Supply Info and Tokenomics

Circulating supply:

Total supply:

10M

Max supply:

10M

Market cap:

$499.509K

Fully diluted valuation:

$1.101M

What is the outlook and future value of HMX?

The current market cap of HMX is $499.509K, ranked 4993 in the market, showing that the market already recognizes the value of HMX. When a bull market arrives, the market cap of HMX may continue to grow.

Moreover, if HMX can play a greater role in real-world applications—such as if the Monero developers can fully empower HMX and establish partnerships with more business partners to expand its user base—then the long-term value of HMX will be further enhanced.

What is the price of HMX in 2026?

According to the historical price performance prediction model of HMX, the price of HMX is expected to reach $0.115707 at 2026.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get HMX?

Purchasing HMX with cash is not the only way to obtain HMX. If you have enough time, you can get HMX for free.

Learn how to get Hot rewards for free with HMX.

Earn free HMX by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get HMX airdrops for free.

All crypto airdrops and rewards can be exchanged for HMX through LBank spot trading.

Buy HMX starting from $1

What is HMX used for and how to use it?

The use cases for HMX may grow with the development of the crypto market and project progress. Currently, you can use HMX to:

Arbitrage trading of HMX

HMX is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many HMX trading pairs to suit your needs.

Earn yield with HMX

You can also lend out HMX or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your HMX gains.

Send or pay with HMX

If you want to pay someone with HMX, you can easily and quickly send HMX to them using their receiving address.

You can also visit the official website of HMX to learn more use cases of HMX, such as whether the HMX project supports community/eco apps or buying physical or virtual goods with HMX.