What is HMX?

HMX

#1669
$HMX

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.)... Read more

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...)

24H Price

$2.64

4.16%

Explore HMX

Sectors:
2 New Partnerships (Last 90d)
Partner: @Flexperpetuals - Decentralized Derivatives Exchange on the Base Chain. Telegram Community: https://t.co/LvFGeXh3hC Built by traders, for traders.
Announcement Date: 2024-05-17
Followers: 1,429

RT @Flexperpetuals: We are delighted to further strengthen our partnership with @HMXorg with the news that our CEO @Iniquity_Flex has been…
Go To Tweet →
Partner: @Iniquity_Flex - Leader of the Flex Crypto Community. Absolute trading degen. All around nice guy :) Founder of @Flexperpetuals
Announcement Date: 2024-05-17
Followers: 1,209

RT @Flexperpetuals: We are delighted to further strengthen our partnership with @HMXorg with the news that our CEO @Iniquity_Flex has been…
Go To Tweet →
2.64K Followers

Community Score

Share on:
B 85
Follower
33.73K (#1851)
1.73% 7D
Activity
8/100
10% 7D
Sentiment
Neutral
Follower
6.10K (#1307)
0.2% 7D
Activity
14/100
10% 7D
Sentiment
Neutral
Follower
3.10K (#1705)
0.06% 7D
Activity
8/100
10% 7D
Sentiment
Neutral

💥 Rapid Growth

The community is experiencing rapid growth.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Overview

Market Cap

$1.94T

4.16%
Large Cap

Price

$1.94T

4.16%
Stable

Volume

$1.94T

4.16%
Highest

Community

$1.94T

4.16%
Rapid Growth

Marketing Activity

5/10

4.16%
High

Developer Activity

3/10

4.16%
Low
Development 24h 7d 14d 30d
Price 4.16% 14.81% 20.71% 31.72%
Follower 0% 1.73% 6.4% 22.58%

Coin Info

FDY
$2.09T
Total Supply
$21.00M
Max Supply
$21.00M
Circulating Supply
$19.79M

All-Time High
All-Time Low

$2.64

4.16%

$2.64

4.16%
Dec 05 2024
Dec 05 2024

Community Score

Share on:
B 85
Follower
33.73K (#1851)
1.73% 7D
Activity
8/100
10% 7D
Sentiment
Neutral
Follower
6.10K (#1307)
0.2% 7D
Activity
14/100
10% 7D
Sentiment
Neutral
Follower
3.10K (#1705)
0.06% 7D
Activity
8/100
10% 7D
Sentiment
Neutral

💥 Rapid Growth

The community is experiencing rapid growth.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Channels

Twitter @HMXorg
#1813
Follower
24,529
0.03%
Telegram @HMXorg
#1307
Follower
6,103
0.03%
Coingecko @HMX (HMX)
#1705
Follower
3,099
0.03%

Daily Social Panel

@HMXorg

2024-07-26 06:46
When can we expect some new pairs or some other updates on the platform fam... When can we expect some new pairs or some other updates on the platform fam

7
Score 60

@HMXorg

2024-07-26 12:40
Hmm, stalling? Have you been following us lately?We’ve launched several initiatives and are suppor... Hmm, stalling? Have you been following us lately?We’ve launched several initiatives and are supporting community-proposed initiatives:1. Launched HIP-4 with the goal of deepening on-chain liquidity, allocating POL, and deploying it to the HMX-WETH po[...]

Score 55

@hmxorg

2024-07-26 17:02
We're excited to announce our latest integration with @ChronicleLabs for $wUSDM from @MountainUSDM! ... We're excited to announce our latest integration with @ChronicleLabs for $wUSDM from @MountainUSDM! 🤝 Chronicle has offered decentralized, verifiable, & cost-efficient price feeds since 2017 📈 Use $wUSDM as collateral to trade on $HMX here 🔽: https[...]

1
Score 50

@HMXorg

2024-07-26 15:02
We're excited to announce our latest integration with @ChronicleLabs for $wUSDM from @MountainUSDM! ... We're excited to announce our latest integration with @ChronicleLabs for $wUSDM from @MountainUSDM! 🤝Chronicle has offered decentralized, verifiable, & cost-efficient price feeds since 2017 📈Use $wUSDM as collateral to trade on $HMX here 🔽:https://hm[...]

Score 49

@hmxorg

2024-07-26 15:22
RT @ChronicleLabs: 💋 Another day, another kiss 😊 We need to be careful, or we'll develop a rep... RT @ChronicleLabs: 💋 Another day, another kiss 😊 We need to be careful, or we'll develop a reputation! 👀 Something 'mountainous' is droppin…

1
Score 41

@HMXorg

2024-07-26 08:32
As we approach the testnet launch, we’ll provide more details on how you can become a beta tester.... As we approach the testnet launch, we’ll provide more details on how you can become a beta tester.

Score 30

@HMXorg

2024-07-26 06:59
We're currently working on a longer-term plan for the project. Right now, our top priority is the de... We're currently working on a longer-term plan for the project. Right now, our top priority is the development of HMX v2, which is expected to be released in Q3 - Q4 of this year. Also, it's going to be on testnet soon, with a closed beta for users an[...]

Score 30

@HMXorg

2024-07-26 15:49
Like we said, there will be more info regarding the V2 in the coming days and as of now, we don't ha... Like we said, there will be more info regarding the V2 in the coming days and as of now, we don't have ETA because our team wanna make sure that security of the product is on top like Shu said.BTW, Shu already revealed our long-term vision/plan in he[...]

Score 20

@HMXorg

2024-07-26 09:22
i was asking the same myself.at start there was a clear roadmap now its only V2 is coming without an... i was asking the same myself.at start there was a clear roadmap now its only V2 is coming without any details @shutsuwei team really needs to work on showing whats going on. for the outside world it seems the project is stalling especially with curr[...]

Score 20

@HMXorg

2024-07-26 09:33
I'm using the platform almost daily and I love it, fo me you did a great work, can't wait for V2.... I'm using the platform almost daily and I love it, fo me you did a great work, can't wait for V2.

2
Score 16

@HMXorg

2024-07-26 07:10
What will be the biggest change in v2 compared to v1... What will be the biggest change in v2 compared to v1

1
Score 9

@HMXorg

2024-07-26 15:05
Yes one the first persons in both HLP surges deposits . 1 and 3 are just reactions / counter measure... Yes one the first persons in both HLP surges deposits . 1 and 3 are just reactions / counter measures on market/price action to counter act Still not clear what V2 does. Just refactoring or implementing new features . If so what kind of features .

Score 0

@HMXorg

2024-07-26 07:29
Is there a way to be elected as beta tester?... Is there a way to be elected as beta tester?

Score 0

@HMXorg

2024-07-26 07:18
We'll find out as soon as the public testnet for V2 goes live.... We'll find out as soon as the public testnet for V2 goes live.

Score 0

@HMXorg

2024-07-26 01:03
Hey, please avoid price discussion here. We have a dedicated price discussion channel where you can ... Hey, please avoid price discussion here. We have a dedicated price discussion channel where you can engage about prices with other dragons:https://t.me/HMX_Price_Discussion

Score 0

Latest Partnerships

Last 90 days

@Flexperpetuals

1.43K Followers

Announcement

2024-05-17

@Iniquity_Flex

1.21K Followers

Announcement

2024-05-17

Key Events

12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact
12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact
12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact

Never miss any event.

HMX

#1669
$HMX

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.)... Read more

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...)

24H Price

$2.64

4.16%

Explore HMX

Sectors:
2 New Partnerships (Last 90d)
Partner: @Flexperpetuals - Decentralized Derivatives Exchange on the Base Chain. Telegram Community: https://t.co/LvFGeXh3hC Built by traders, for traders.
Announcement Date: 2024-05-17
Followers: 1,429

RT @Flexperpetuals: We are delighted to further strengthen our partnership with @HMXorg with the news that our CEO @Iniquity_Flex has been…
Go To Tweet →
Partner: @Iniquity_Flex - Leader of the Flex Crypto Community. Absolute trading degen. All around nice guy :) Founder of @Flexperpetuals
Announcement Date: 2024-05-17
Followers: 1,209

RT @Flexperpetuals: We are delighted to further strengthen our partnership with @HMXorg with the news that our CEO @Iniquity_Flex has been…
Go To Tweet →
2.64K Followers

Community Score

Share on:
B 85
Follower
33.73K (#1851)
1.73% 7D
Activity
8/100
10% 7D
Sentiment
Neutral
Follower
6.10K (#1307)
0.2% 7D
Activity
14/100
10% 7D
Sentiment
Neutral
Follower
3.10K (#1705)
0.06% 7D
Activity
8/100
10% 7D
Sentiment
Neutral

💥 Rapid Growth

The community is experiencing rapid growth.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Coin Info

FDY
$2.09T
Total Supply
$21.00M
Max Supply
$21.00M
Circulating Supply
$19.79M

All-Time High
All-Time Low

$2.64

4.16%

$2.64

4.16%
Dec 05 2024
Dec 05 2024

Overview

Market Cap

$1.94T

4.16%
Large Cap

Price

$1.94T

4.16%
Stable

Volume

$1.94T

4.16%
Highest

Community

$1.94T

4.16%
Rapid Growth

Marketing Activity

5/10

4.16%
High

Developer Activity

3/10

4.16%
Low
Development 24h 7d 14d 30d
Price 4.16% 14.81% 20.71% 31.72%
Follower 0% 1.73% 6.4% 22.58%

Key Events

12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact
12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact
12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact

Never miss any event.

Frequently Asked Questions

Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.” Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time. However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others.

1) Coindive is your ultimate guide to navigating the vast and enigmatic ocean of cryptocurrencies. Like the ever-changing seas, the crypto market is often turbulent, unpredictable, and brimming with uncharted territories. It can be stormy, tranquil, crystal-clear, or shrouded in murkiness, but beneath the surface lies a captivating world of hidden gems and treasures.

2) At Coindive, we believe that the deeper you delve into the crypto realm, the more you'll uncover its inherent beauty, serenity, and potential. Our dedicated community and advanced market tracking tools will help you chart a course through the wild waves and currents of the digital currency landscape, ensuring that you remain informed and equipped to make the best decisions possible.

Coindive tracks over 8,163 channels daily across Discord, Telegram, Twitter, Reddit, CoinMarketCap and Coingecko to collect data like follower counts, every text based data and every form of reactions to evaluate the attributes of the community by our unique metrics. Find out more about each metric in the section “Metrics” below.

Coindive offers a dashboard with top-performing coin metrics and recent trends, as well as a rankings page to explore the top 3000 cryptocurrencies based on various metrics. Its keyword explorer helps users identify coins related to specific trends, events, or discussions, while the coin pages offer in-depth analysis of individual cryptocurrencies' community and market data. Users can create a watchlist to monitor their favorite coins closely and receive customized alerts tailored to their investment interests. Coindive's personalized Watchlist Summary Report is AI-based and tailored to each user's knowledge level. Coindive alerts users whenever something unusual happens within the community or market, allowing for proactive portfolio management.

Coindive's target audience includes crypto investors of all types who want to stay informed about their investments, save time while keeping track of their portfolio, and consider community strengths as decision-making characteristics of their investments. The platform is designed for users who wish to quickly assess the performance of various cryptocurrencies, monitor significant events, and evaluate the overall health of communities behind different coins. Coindive caters to both long-term and short-term investors, offering valuable insights for effective decision-makin

Coindive offers a comprehensive free package with access to all of its features with just some limitations compared to the higher tier packages. A Premium Plan is available for users who want to access more alerts and additional benefits like ad-free experience and faster data refresh rates.

Latest Partnerships

Last 90 days

@Flexperpetuals

1.43K Followers

Announcement

2024-05-17

@Iniquity_Flex

1.21K Followers

Announcement

2024-05-17

Daily Social Panel

@HMXorg

2024-07-26 06:46
When can we expect some new pairs or some other updates on the platform fam... When can we expect some new pairs or some other updates on the platform fam

7
Score 60

@HMXorg

2024-07-26 12:40
Hmm, stalling? Have you been following us lately?We’ve launched several initiatives and are suppor... Hmm, stalling? Have you been following us lately?We’ve launched several initiatives and are supporting community-proposed initiatives:1. Launched HIP-4 with the goal of deepening on-chain liquidity, allocating POL, and deploying it to the HMX-WETH po[...]

Score 55

@hmxorg

2024-07-26 17:02
We're excited to announce our latest integration with @ChronicleLabs for $wUSDM from @MountainUSDM! ... We're excited to announce our latest integration with @ChronicleLabs for $wUSDM from @MountainUSDM! 🤝 Chronicle has offered decentralized, verifiable, & cost-efficient price feeds since 2017 📈 Use $wUSDM as collateral to trade on $HMX here 🔽: https[...]

1
Score 50

@HMXorg

2024-07-26 15:02
We're excited to announce our latest integration with @ChronicleLabs for $wUSDM from @MountainUSDM! ... We're excited to announce our latest integration with @ChronicleLabs for $wUSDM from @MountainUSDM! 🤝Chronicle has offered decentralized, verifiable, & cost-efficient price feeds since 2017 📈Use $wUSDM as collateral to trade on $HMX here 🔽:https://hm[...]

Score 49

@hmxorg

2024-07-26 15:22
RT @ChronicleLabs: 💋 Another day, another kiss 😊 We need to be careful, or we'll develop a rep... RT @ChronicleLabs: 💋 Another day, another kiss 😊 We need to be careful, or we'll develop a reputation! 👀 Something 'mountainous' is droppin…

1
Score 41

@HMXorg

2024-07-26 08:32
As we approach the testnet launch, we’ll provide more details on how you can become a beta tester.... As we approach the testnet launch, we’ll provide more details on how you can become a beta tester.

Score 30

@HMXorg

2024-07-26 06:59
We're currently working on a longer-term plan for the project. Right now, our top priority is the de... We're currently working on a longer-term plan for the project. Right now, our top priority is the development of HMX v2, which is expected to be released in Q3 - Q4 of this year. Also, it's going to be on testnet soon, with a closed beta for users an[...]

Score 30

@HMXorg

2024-07-26 15:49
Like we said, there will be more info regarding the V2 in the coming days and as of now, we don't ha... Like we said, there will be more info regarding the V2 in the coming days and as of now, we don't have ETA because our team wanna make sure that security of the product is on top like Shu said.BTW, Shu already revealed our long-term vision/plan in he[...]

Score 20

@HMXorg

2024-07-26 09:22
i was asking the same myself.at start there was a clear roadmap now its only V2 is coming without an... i was asking the same myself.at start there was a clear roadmap now its only V2 is coming without any details @shutsuwei team really needs to work on showing whats going on. for the outside world it seems the project is stalling especially with curr[...]

Score 20

@HMXorg

2024-07-26 09:33
I'm using the platform almost daily and I love it, fo me you did a great work, can't wait for V2.... I'm using the platform almost daily and I love it, fo me you did a great work, can't wait for V2.

2
Score 16

@HMXorg

2024-07-26 07:10
What will be the biggest change in v2 compared to v1... What will be the biggest change in v2 compared to v1

1
Score 9

@HMXorg

2024-07-26 15:05
Yes one the first persons in both HLP surges deposits . 1 and 3 are just reactions / counter measure... Yes one the first persons in both HLP surges deposits . 1 and 3 are just reactions / counter measures on market/price action to counter act Still not clear what V2 does. Just refactoring or implementing new features . If so what kind of features .

Score 0

@HMXorg

2024-07-26 07:29
Is there a way to be elected as beta tester?... Is there a way to be elected as beta tester?

Score 0

@HMXorg

2024-07-26 07:18
We'll find out as soon as the public testnet for V2 goes live.... We'll find out as soon as the public testnet for V2 goes live.

Score 0

@HMXorg

2024-07-26 01:03
Hey, please avoid price discussion here. We have a dedicated price discussion channel where you can ... Hey, please avoid price discussion here. We have a dedicated price discussion channel where you can engage about prices with other dragons:https://t.me/HMX_Price_Discussion

Score 0

Channels

Twitter @HMXorg
#1813
Follower
24,529
0.03%
Telegram @HMXorg
#1307
Follower
6,103
0.03%
Coingecko @HMX (HMX)
#1705
Follower
3,099
0.03%