MDX is a user-friendly decentralized exchange (DEX) protocol that has been operating since January 2021 and runs on popular blockchain networks such as Ethereum, Binance Smart Chain (BSC) and Huobi Eco Chain (HECO). Key features include multi-chain support that facilitates trading across different blockchain networks, an automated market maker (AMM) model that provides liquidity for buyers and sellers, a governance token that gives them the right to vote on the future of the platform, a deflationary token economy and low transaction fees.
MDX, which has fallen 17.77% in the last 24 hours and at the time of writing, is among the day's decliners. Following the news that it will delist in recent days, it may have caused a decline in the price of Mdex, which was delisted by the world's largest global stock exchange today.