Press Release
What Does the future hold for MDEX after the Halving?
On June 5, MDEX officially started its first halving. What changes will the halving bring? And what does it mean for MDX holders?
Before answering these questions, we can take a look at a typical example of cryptocurrency halving.
In 2012, Bitcoin halved for the first time, and its price skyrocketed over 84 times afterward; in 2016, Bitcoin halved for the second time, and rose 29 times afterward; Bitcoin’s most recent halving occurred in 2020, and the price peaked near $65,000 after that, which was also over 7 times higher than the $8,700 at the time of the halving. Investors have reached the consensus that havling means skyrocketing prices. Based on bitcoin’s halving history, we can try to predict how MDX will perform after halving.
MDEX currently produces 80 MDX per block, and each three seconds a new block is generated, which makes MDX’s daily output is 4.6 million (including both BSC and HECO chains). After the first halving, the output per block is reduced to 40 MDX, making MDX’s daily output reduced to 2.3 million.
MDEX adopts a “double mining mechanism” that combines liquidity mining and transaction mining. The advantage of this approach is that it can attract users to actively participate in transactions at the early stage of the project launch and thereby empower the platform with funds and traffic. However, there is also this problem that its token MDX has been facing increasing selling pressure in the secondary market, which is one of the reasons why the price of MDX’s tokens has been sluggish. The most direct effect of this halving is to reduce the selling pressure, making it easier to push up prices. In addition, it will also stimulate demand for MDX purchases.
Similarly, in the early days, Bitcoin production was high and mining difficulty was low, so users could easily obtain a large amount of Bitcoin, resulting in low purchase demand and low price. However, with the halving of Bitcoin, its production decreased, and the rising hash kept pushing up the mining difficulty, making it difficult for users to obtain more Bitcoin from mining. Users then started to choose to buy directly from the secondary market, thus driving up the price of bitcoin.
By the same token, on the one hand, with the halving of MDX, when the accelerated release period of MDX is over, it will become more and more difficult for users to obtain MDX through mining. While on the other hand, the IMO and community governance scenarios of MDEX will continue to expand the application scenarios of MDX. Users will have to buy MDX from the secondary market if they want to participate in MDEX activities, which also gives MDX another potential upward momentum.
The halving of MDX is based on the same logic as Bitcoin, but with a higher frequency– once every six months. Its daily production is reduced by half after each halving. In this way, in the first quarter of 2023 year, basically 80% of MDX will be mined out; with the reduction of production, the growth rate of MDX circulation will further decrease. The official MDEX repurchase and burn mechanism as well as the enhancement of community consensus, MDX will enter a new round of upward price change.
Intrinsic Mechanism Drives Up MDX’s Value
In addition to the halving, MDEX also uses other intrinsic mechanisms to drive up the value of MDX.
According to relevant rules, MDEX injects 30% of the daily platform revenue into the pending repurchase pool and automatically executes repurchase and burn when the smart contract is triggered by the repurchase price (72-hour MDX average price). From MDEX’s official website, MDEX has burned more than 6.4 million MDX on BSC and more than 42 million MDX on HECO, and the total repurchase amount is over $115 million according to the latest price of MDX.
MDEX’s “Burning Black Hole” campaign is another supplementary mechanism to accelerate the MDX deflation and further empower the value of MDX. In the Burning Black Hole campaign, MDEX will set aside 300,000 USDT per round to build a burning prize pool, and the rest pool is investments from MDEX users. There are three prizes set up in the campaign, the first prize Jupiler rewards users with 10% MDX from the prize pool; the second prize Saturn rewards users with 100,000 USDT, and the remaining users will share the 200,000 USDT remaining MDX in the prize pool. 90% of the MDX invested by users in the campaign will be burned.
As there are more transactions on MDEX, the transaction fee may also continue to increase, which means an increased number of MDXs will be burned; according to the data on MDEX’s official website, the first round of the Burning Black Hole capaign has burned a total of over 400,000 MDXs. If the campagin took place on a daily basis, the average daily MDX burn would be doubled. Along with the regular repurchase and burn mechanism. it will enable MDX to enter the deflationary stage in advance. That is, the daily MDX output wil be less than the daily MDX burned. This deflation will in turn increase the speed of MDX appreciation.
A horizontal comparison with DEXs
Let us now horizontally compare MDEX with other mainstream DEX:
Project | lock-up volume | daily transaction volume | Total market value |
Uniswap | 6.6B | 1.12B | 27B |
Sushiswap | 3.9B | 0.56B | 3.02B |
Pancake | 8.1B | 0.75B | 5.61B |
MDEX | 4.01B | 2.50B | 2.46B |
Data source: DeBank
From the table, it can be seen that, at present, the lock-up volume of MDEX is about 1/2 of Pancake, 2/3 of Uniswap, and basically at the same level as Sushiswap. But its average daily transaction volume of $2.5 billion is far ahead of the other three DEXs, and even higher than their sum. However, in terms of the market cap of MDX in circulation, it is only 1/11 of UNI and less than 1/2 of CAKE. Therefore, if the valuation logic is similar, then MDEX is just beginning to discover its value.
The above comparison of mainstream DEX shows that, in terms of total liquidity, MDEX is still somewhat lagging behind the current DEX leaders. But considering that MDEX has been online for the shortest time, its growth history is not comparable to Uniswap that has been in the DEX mark for years, or to Sushiswap and Pancake that have experienced DeFi hot and a bull market. In this sense, MDEX’s achievements in lockup volume and market capitalization are worth celebrating.
The highlight of MDEX is its transaction volume. With the support of transaction mining, its daily transaction volume has been far ahead of other head DEXs, and its growth is even more breathtaking. With the help of the upcoming halving, MDEX will give full play to the virtuous cycle of the repurchase and burn mechanism and dual-mining mechanism, which will bring MDEX a much broader future.
From the development history of DEX, it took Uniswap 840 days to increase the cumulative transaction volume from 0 to 100 billion, while MDEX accomplished the same result in just 50 days. If MDEX continues its current momentum, it will maintain a steady growth in locked positions with the development of the DeFi market, and enhance its transaction volume with the help of the dual-mining mechanism. The existence of repurchase and burn mechanism and the forthcoming having will further empower MDEX to secure a unique place in leading exchanges. Correspondingly, the value of its token MDX is still estimated to have the potential of more than several times of growth.
Official website: Click Here
Discord: Click Here
Twitter: Click Here
Medium: Click Here
Global Telegram: Click Here
Official Channels: Click Here
Press Release
KUN confirmed as Primary Exhibition Sponsor of Hong Kong Web3 Festival
As a global pioneer in the payments industry, KUN is proud to participate as a sponsor at Hong Kong Web3 Festival 2025, joining Web3 users, industry leaders, and technology experts from around the world to discuss the future of blockchain technology and digital payments. As a sponsor for the second consecutive year, we look forward to sharing KUN’s practical experience and innovative achievements in Web2+Web3 cross-border payment solutions. We are also eager to engage with partners from various sectors to explore new opportunities that empower the global economy.
KUN (KUN.global) is an innovative digital payment technology company based in Hong Kong and Singapore, built on Web2+Web3 payment licenses and compliance systems. Its business spans emerging markets in Asia, Africa, and Latin America. The company primarily provides secure, convenient, and efficient one-stop digital payment solutions for enterprises and individual clients in cross-border trade, overseas services, and the Web3 industry. KUN is dedicated to building the next-generation global digital payment network for the future.
KUN has developed three core product lines:
- KUN.crypto: The Stablecoin Payment and Management Platform
- PayX: The One-Stop Payment Service Provider for Emerging Markets
- K-Card: Your Reliable Card Solutions Partner
KUN depends on technological innovation and compliance, empowering businesses to tackle the challenges of cross-border payments and digital asset management while driving the healthy development of the industry.
We look forward to seeing you at Hong Kong Web3 Festival 2025 and embarking together on an exciting journey toward the future of Web3!
Hong Kong Web3 Festival 2025: https://www.web3festival.org/hongkong2025/?lang=zh#/en
Press Release
MAGAVERSE Shakes the Crypto World with $1M Donation to Trump-Endorsed Organizations
MAGAVERSE, the trailblazing memecoin project, has made history with a stunning $1,000,000 donation to organizations endorsed by former President Donald Trump. The donation, aimed at supporting MAGA initiatives and advancing the cause of freedom, has positioned MAGAVERSE as a serious player in both the cryptocurrency world and the political landscape.
This bold move matches the $1,000,000 contributions from industry leaders like Mark Zuckerberg and Jeff Bezos, sending a powerful message of gratitude and dedication from the MAGAVERSE community.
“It was important to our MAGAVERSE community that we put our money where our mouth is,” said Lee Hutchinson, community leader of MAGAVERSE. “This was our way of saying thank you to a man who has not only saved America but also championed crypto’s future.”
The impact of this donation has been felt far and wide, as MAGAVERSE has garnered national attention and earned a special place in Washington D.C.’s prestigious events this week. Members of the MAGAVERSE team are attending inaugural galas and official balls as special guests, further solidifying their reputation as key players in the crypto and political spheres.
“They are the talk of the town,” a prominent DC insider commented. “Meme coins have traditionally been underestimated, but MAGAVERSE’s $1M donation has changed the narrative. People are now recognizing the influence and vision of this innovative group.”
A Bright Future for $MVRS
The official ticker for MAGAVERSE, $MVRS, is experiencing newfound momentum as MAGA influencers and crypto enthusiasts flock to join the project. With whispers of major announcements on the horizon, the MAGAVERSE core team has hinted at exciting developments that promise to reshape the community and expand its reach.
This milestone donation demonstrates the growing impact of the MAGAVERSE community and the project’s commitment to both political and financial innovation. As the nation watches, MAGAVERSE continues to prove that meme coins are more than a trend – they are a force to be reckoned with.
For more information about MAGAVERSE, visit https://mvrs.wtf/.
Follow their journey on social media at:
Twitter: https://x.com/mvrs
Press Release
Paul CHAN Mo-po, Vitalik Buterin among the Top Speakers at Hong Kong Web3 Festival 2025
Hong Kong Web3 Festival today announced the first-round speaker lineup for its upcoming 2025 edition, which will take place from 6 to 9 April, 2025. The event will bring together representatives from a broad range of experts and leaders in the Web3 space, including:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region
Vitalik Buterin, Co-founder, Ethereum
XIAO Feng, Chairman, Wanxiang Blockchain; Chairman and CEO, HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
David Bailey, CEO, Bitcoin Magazine
Genki Oda, Chairman, Japan Virtual and Crypto assets Exchange Association
Lily Liu, President, Solana Foundation
Sreeram Kannan, CEO, EigenLabs
Smokey Bera, Co-founder, Berachain
John Patrick Mullin, CEO, Mantra
Alexander Pack, Managing Partner, Hack VC
Lasse Clausen, Founding Partner, 1kx
Keywolf, Partner and CPO, SlowMist
Blue, Partner and CTO, SlowMist
Rita Liu, CEO, RD Technologies
Devon Sin, Alternate Chief Executive, ZA Bank
YU Chen, Chief Advisor, 鲲KUN
Michael, Co-founder, Brevis
Alex Rawitz, Co-founder, DIMO
Bugra Celik, Director of Digital Assets, HSBC
Stanley Huo, Partner & Head of Asia, Hivemind Capital
Terence Kwok, Founder and CEO, Humanity Protocol
Tetsuya Sanada, CEO, BlockSmith & Co.
David Lee, Chairman, Global FinTech Institute
Hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, Hong Kong Web3 Festival is Asia’s premiere crypto gathering that convenes the world’s smartest minds in the Web3 and crypto space. Its previous editions, which took place in April 2023 and 2024, brought together over 250 exhibitors, more than 800 speakers, 80,000 visitors and 300 side events.
The Web3 Festival 2025 has forged a strategic alliance with the region’s trade statutory body, Hong Kong Trade Development Council (HKTDC). Furthermore, the event has revealed an impressive lineup of 2025 sponsors so far, including:
Title: OKX Web3
Platinum: CKB Eco Fund, SlowMist
Gold: Alchemy Pay, Beyond Gaming Labs, OneKey
Primary: Google Cloud, Hotcoin, 鲲KUN
Secondary: CertiK
Tertiary: Fufuture, Keyblock Solutions, MoneyCollect, PingCap
Knowledge: Brevis
Open Stage: Primecoin
The conference will feature keynote speeches, fireside chat, and panel discussions across various forums, including PayFi session hosted by the host together with RD Technologies, DePIN session by Arkreen, Bitcoin session by CKB Eco Fund, Crypto Finance Forum 2025 by MetaEra, Web3 Security and Compliance Session by SlowMist, Web3 Scholars Conference 2025 by DRK Lab, and more.
Taking an area of over 14,000㎡at the iconic HKCEC, which is 1.5 times larger than previous ones, the conference will create an ideal networking and learning environment, with regular conference areas and exhibition spaces embracing professionals, investors, enthusiasts, and leading projects worldwide who will delve into the latest progress, solutions, trends, and policies in Web3 and crypto.
$399 tickets are available for grabs now! Secure a spot at this fabulous gathering to meet industry leaders and professionals: https://www.web3festival.org/hongkong2025/#/en
-
Crypto3 years ago
Cardalonia Aiming To Become The Biggest Metaverse Project On Cardano
-
Press Release4 years ago
P2P2C BREAKTHROUGH CREATES A CONNECTION BETWEEN ETM TOKEN AND THE SUPER PROFITABLE MARKET
-
Blockchain4 years ago
WOM Protocol partners with CoinPayments, the world’s largest cryptocurrency payments processor
-
Press Release4 years ago
ETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
-
Press Release4 years ago
Project Quantum – Decentralised AAA Gaming
-
Blockchain4 years ago
WOM Protocol Recommended by Premier Crypto Analyst as only full featured project for August
-
Press Release4 years ago
ETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
-
Blockchain5 years ago
1.5 Times More Bitcoin is purchased by Grayscale Than Daily Mined Coins