IDEX (IDEX) 24-hour pump 10.82%

Gate News Bot news, on September 29, according to CoinMarketCap data, IDEX (IDEX) is currently priced at $0.03, having risen 10.82% in the last 24 hours, with a high of $0.03 and a low of $0.02. The current market capitalization is approximately $257,000, an increase of $25,100 compared to yesterday.

IDEX is a decentralized exchange (DEX) based on Proof of Liquidity for perpetual contracts. The platform offers one-click onboarding, gas-free trading, a high-performance trading experience (20 times faster than leading perpetual contract DEX), an intuitive user interface, a smooth mobile trading experience, and non-custodial fund management. IDEX also provides APIs and SDKs for developers to integrate, as well as a market maker program, among other features.

Important news about IDEX recently:

1️⃣ Rise in Market Demand for Decentralized Exchanges As the cryptocurrency market develops, the demand for decentralized exchanges continues to rise. IDEX, as a perpetual contract DEX based on Proof of Liquidity, is attracting more and more traders' attention with its unique technical advantages and user-friendly features.

2️⃣ Technological innovation brings competitive advantage IDEX claims that its trading speed is 20 times faster than leading perpetual contract DEXs, and this performance advantage helps attract high-frequency traders and algorithmic trading strategies. At the same time, the feature of gas-free trading also reduces users' trading costs, further enhancing the platform's appeal.

3️⃣ Developer Ecosystem Expansion IDEX provides APIs and SDKs for developers to integrate, a move that helps expand its ecosystem and attract more third-party applications and services. As the ecosystem expands, IDEX's network effects may further enhance, driving the rise in its token value.

From a technical perspective, IDEX recently broke through the $0.03 mark, showing certain rising momentum. However, considering its relatively small market capitalization, investors should still be wary of potential high volatility risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.