OpenANX (OAX) Price

OpenANX is a decentralized cryptocurrency token built on the Ethereum blockchain. It was created to support the openANX project, which aims to develop an open-source and transparent decentralized exchange platform. OAX tokens can be used to obtain membership in the openANX DAO (Decentralized Autonomous Organization) and participate in governance decisions related to the platform. Key features of OpenANX: - Current price: $0.001240 - 24h trading volume: $14.08K - Market cap: $69.23K - Circulating supply: 55.79M OAX - Max supply: 100.00M OAX OpenANX was launched in June 2017 through an initial coin offering (ICO). The token is designed to facilitate decentralized trading, risk assessment, and dispute resolution within the openANX ecosystem. By holding OAX tokens, users can gain voting rights on key operational decisions for the platform. As of 2026-05-10, OpenANX ranks #5356 among all cryptocurrencies by market capitalization. The token has seen a 24-hour price change of -67.96%. Its all-time high price was $2.340000 (reached on January 7, 2018), while its all-time low was $0.001220 (on March 14, 2025).

OpenANX was created in June 2017. The project launched its initial coin offering (ICO) on June 22, 2017, raising funds to develop its decentralized exchange platform. The OAX token was issued as an ERC-20 token on the Ethereum blockchain at that time. Since its creation, OpenANX has aimed to build an open-source and transparent trading ecosystem, integrating features like credit risk assessment and dispute resolution to address long-standing uncertainties in cryptocurrency markets.

The founders of OpenANX are Hugh Madden, Ken Lo, and Dave Chapman. These three individuals co-founded the OAX Foundation in 2017 with the goal of developing decentralized exchange technology and promoting transparency in the cryptocurrency trading ecosystem. The OAX Foundation launched OAX as its native token to support the development of decentralized financial infrastructure and governance. While the founders have backgrounds in finance and technology, they aimed to create an open-source platform that could help address challenges around liquidity and trust in cryptocurrency exchanges.

OpenANX works as a decentralized cryptocurrency on the Ethereum blockchain. It utilizes smart contracts to enable transparent and secure transactions. The OAX token serves as the native utility token of the openANX platform, which aims to create an open-source and decentralized trading ecosystem. Key features of how OpenANX works: 1. Governance: OAX token holders can participate in voting on important decisions related to the openANX platform. 2. Membership: Tokens can be used to acquire DAO membership and associated rights within the openANX ecosystem. 3. Risk assessment: The platform incorporates credit risk evaluation and structured dispute resolution mechanisms. 4. Collateralized deposits: Users can provide collateral to enhance trust and security in transactions. 5. Hybrid model: OpenANX combines centralized exchange mechanisms (CEM) with decentralized features for improved efficiency and transparency. The total supply of OpenANX is capped at 100.00M OAX, with 55.79M OAX currently in circulation. The token's value is determined by market demand and its utility within the openANX ecosystem. As of 2026-05-10, OpenANX is trading at $0.001240 with a market cap of $69.23K.

OpenANX is built on the Ethereum blockchain as an ERC-20 token. Its technical architecture leverages smart contracts to enable decentralized trading and governance functionalities. The platform utilizes a hybrid model that integrates centralized exchange mechanisms (CEM) with decentralized features like credit risk assessment, structured dispute resolution, and collateralized deposits. This architecture aims to create an open-source and transparent trading system that helps users, providers, and third parties evaluate market uncertainties. OpenANX tokens can be used to participate in the project's DAO, granting voting rights on key operational decisions related to the OpenANX platform. The total supply is capped at 100.00M OAX, with 55.79M OAX currently in circulation. The Ethereum-based infrastructure allows for seamless integration with other DeFi protocols and provides a foundation for future scalability and interoperability improvements.

The future and roadmap of OpenANX (OAX) looks promising. The project aims to continue developing its decentralized exchange platform and expand its ecosystem. Key focus areas include: 1. Enhancing liquidity and trading features on the OpenANX DEX 2. Integrating more blockchain networks to improve interoperability 3. Launching new DeFi products and services 4. Expanding partnerships within the crypto industry 5. Improving governance mechanisms for OAX token holders The team plans to release regular updates and new features throughout 2026 and 2027. Long-term goals include becoming a leading decentralized trading platform and expanding OpenANX's use cases beyond just exchange functionality. While specific price predictions are uncertain, some analysts project OAX could reach -- by 2027 and potentially -- by 2031 if development and adoption progress as planned. However, investors should conduct their own research, as the crypto market can be volatile. Overall, OpenANX aims to play a significant role in the future of decentralized finance and cryptocurrency trading. The project's commitment to transparency, security, and continuous improvement positions it well for potential growth in the coming years.

OpenANX is experiencing an upward trend due to increased market interest, positive project developments, and growing adoption in the decentralized finance space. The recent -67.96% price increase to $0.001240 reflects renewed investor confidence in OAX's potential.

OpenANX is dropping due to market volatility and decreased investor confidence. The current price of $$0.001240 represents a -67.96% decrease in the last 24 hours. Factors like overall crypto market trends and project-specific developments may be influencing the price decline.

Based on current market trends and projections, OpenANX (OAX) could potentially reach -- by 2027, -- by 2026+3, and -- by 2031. However, cryptocurrency prices are highly volatile and these predictions should be viewed cautiously.

OpenANX price movements are unpredictable, but it may rise in 2027 if market conditions improve and the project gains more adoption. The current price is $0.001240 with a -67.96% change in the last 24 hours. Always do your own research before investing.

The current price of OpenANX (OAX) is $0.001240. As the #5356 cryptocurrency by market cap, OAX has seen a -67.96% change in the last 24 hours with a trading volume of $14.08K.

The highest price OpenANX has ever reached is $2.340000. This all-time high was recorded on January 7, 2018.

The lowest price OpenANX has ever reached is $0.001220. This all-time low occurred on March 14, 2025.

Currently, 1 OAX is worth $0.001240.

OpenANX is valuable due to its role in creating a decentralized trading platform. It serves as a governance token, allowing holders to participate in key decisions related to the OpenANX ecosystem. With a limited supply of 100.00M OAX tokens and current price of $0.001240, OpenANX has potential for growth in the decentralized finance space.

The total supply of OpenANX (OAX) is 100.00M OAX. Currently, there are 55.79M OAX OAX tokens in circulation, which represents 55.79% of the total supply.

Mining OpenANX (OAX) is not profitable. OAX uses a Proof-of-Stake consensus mechanism, which doesn't involve traditional mining. Instead, token holders can participate in network validation by staking their OAX tokens to earn rewards.

OpenANX was launched on June 22, 2017. This date marks the initial release and public availability of the OAX token on the Ethereum blockchain.

Currently, one OAX costs $0.001240.

You can buy OpenANX through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy OAX at $0.001240.

To purchase OAX, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to OAX trading pair, enter purchase amount, and confirm your transaction. Store your OAX in a secure wallet for safekeeping.

Yes, OpenANX is generally considered safe and legitimate. It's an established cryptocurrency project launched in 2017, with a transparent development team and active community. OpenANX operates on the Ethereum blockchain, providing additional security. However, as with all cryptocurrencies, investors should conduct their own research and be aware of market volatility.

OpenANX is a decentralized cryptocurrency token built on the Ethereum blockchain. It serves as the native utility token for the openANX platform, which aims to create an open-source and transparent decentralized exchange ecosystem. OpenANX holders can participate in governance decisions and access various features of the openANX network.

The current price of OpenANX (OAX) is $0.001240. It has seen a -67.96% change in the last 24 hours, with a trading volume of $14.08K. The market cap stands at $69.23K, ranking 5356 among all cryptocurrencies.

BinaryX coin was rebranded to OpenANX in 2017. It now trades under the ticker OAX with a current price of $0.001240. OpenANX aims to create a decentralized exchange platform and has a market cap of $69.23K.

OpenANX is a decentralized cryptocurrency built on the Ethereum blockchain. It aims to create an open and transparent trading platform, integrating credit risk assessment and dispute resolution systems. OpenANX tokens can be used to obtain DAO membership and voting rights on key platform decisions. The current price is $0.001240 with a market cap of $69.23K.