MDEX's cumulative transaction volume exceeded $100 billion
MDEX has been online for 51 days and the cumulative transaction volume has exceeded $100 billion, while UniSwap took 840 days to reach that figure.
MDEX is an automated, decentralized market-making exchange based on the concept of fund pools. It is similar in function to some of the DEX on the market, but on this basis offers and implements a dual-chain DEX model based on Huobi Eco Chain and Ethereum.
MDEX reportedly combines the benefits of Heco's low transaction fees with the thriving Ethereum ecosystem, and supports a dual liquidity and transaction mining mechanism.
MDEX will soon support two other major blockchain networks - OKExChain and Binance Smart Chain (BSC).