Open Exchange Token (OX OLD) Tokenomics
Open Exchange Token (OX OLD) Information
What is the project about? OPNX (Open Exchange) is the world's first exchange for trading crypto spot, derivatives, and claims on public orderbooks. OPNX's vision is to create a new standard for a radically transparent and accessible financial world.
We help traders and investors who are seeking a credible exchange to experience more fair and transparent financial markets.
What makes your project unique? OPNX is a way for those affected by crypto crises to rebuild and take control of their financial future. Over $20 billion of claims are trapped in the bankruptcy proceedings of FTX, Voyager, Celsius, Genesis, BlockFi, Hodlnaut, Mt Gox, 3AC, and other firms.
OPNX solves this by being the first to provide tokenized claims trading on order books which can also be used as collateral to trade crypto futures.
History of your project. OPNX officially launched on April 3, 2023, as the world's first crypto and claims exchange.
On May 31, 2023, OPNX launched its new token $OX, a new staking and governance platform called The Herd, and claims trading for Celsius.
What’s next for your project? Following Celsius, we plan to offer FTX claims trading shortly in June. We aim to offer claims trading for as many bankruptcy estates available. The Herd is a staking / DAO type system for users to stake OX and is available at ox.opnx.com. We will be issuing various tokens into the
What can your token be used for? $OX introduces a new exchange token model at the heart of the Open Ecosystem, comprising OPNX, The Herd (where users stake $OX and vote on governance), and a host of upcoming products.
$OX disrupts the typical CEX token incentivization model by pioneering a staking fee discount model that is democratic, dynamically adjusting, and promotes alignment between the exchange and traders. Every user can receive up to a 100% fee discount in perpetuity by staking $OX tokens proportional to their share of trading activity.
Open Exchange Token (OX OLD) Tokenomics & Price Analysis
Explore key tokenomics and price data for Open Exchange Token (OX OLD), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Open Exchange Token (OX OLD) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Open Exchange Token (OX OLD) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of OX OLD tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many OX OLD tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand OX OLD's tokenomics, explore OX OLD token's live price!
OX OLD Price Prediction
Want to know where OX OLD might be heading? Our OX OLD price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.