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MDEX's cumulative transaction volume exceeded $100 billion | DeFi Telegraph (eng) ( ICO reviews)

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).