Coins
22,583
Market Cap
$2,556.25 B USD
24H Change

-1.48%

24H Volume
$66.72 B USD
Dominance
BTC: 50.38%, ETH: 15.66%
ETH Gas
5 Gwei

HEX

HEX

HEX

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$0.001307 USD

N/A

(24H)

0.00000002039 BTC

-2.77%

(24H)

HEX Price Chart (USD)

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Market Cap (USD)

N/A

24H VOLUME (USD)

$134,387

Circulating Supply

N/A

Max Supply

N/A

Total Supply

633.54 B HEX

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General Information

Contract Address

  • icon

    Ethereum

    0x2b591e99afe9f32eaa6214f7b7629768c40eeb39


  • icon

    Polygon

    0x23D29D30e35C5e8D321e1dc9A8a61BFD846D4C5C

About HEX

Rank #12019

HEX Price Summaries

Latest Data

HEX’s price today is US$0.001307, with a 24-hour trading volume of $134,387. HEX is +0.00% in the last 24 hours.


Designed and launched by Richard Heart on 2 December 2019, HEX describes itself as a Certificate of Deposit on the blockchain.

HEX is an ERC20 token launched on the Ethereum network. HEX is designed to be a store of value to replace the Certificate of Deposit as the blockchain counterpart of that financial product used in traditional financial markets. HEX is also designed to leverage off the emerging DeFi (Decentralised Finance) ecosystem in cryptocurrencies within the Ethereum network.

HEX uses the Ethereum network for the transaction layer (sending and receiving HEX tokens, as well as interacting with the HEX smart contract), whilst the consensus code and staking mechanism is contained in the HEX smart contract.

HEX allows a user to stake his or her HEX coins for a share of the new HEX coin issuance, or inflation and contains features designed to incentivize behaviors that encourage price appreciation and disincentivize behaviors that encourage harm to the price. The HEX smart contract penalizes stakers for ending their stake early and rewards them for staking larger amounts of HEX for longer periods.

HEX is distributed to Bitcoin holders by way of a snapshot of the Bitcoin UTXO set that occurred on 2 December 2019 at block height 606227. The distribution of HEX to Bitcoin holders is 10,000 HEX per 1 BTC. Bitcoin holders are able to claim HEX only during the first year of launch. During this period, HEX is also obtained in exchange for ETH through interacting with the HEX smart contract.

At the end of the first year of launch, all HEX coins that were not claimed by Bitcoin holders are distributed to the rest of the HEX users who have stakes that are active. The maximum possible annual inflation of HEX is designed to be 3.69% after the first year of launch.

Frequently asked questions about HEX

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More about HEX

White Paper

Relevant resources

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HEX Price Statistics

HEX Price

$0.001307

24h high / 24h low

N/A

7d high / 7d low

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30d high / 30d low

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90d high / 90d low

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All-time high / All-time low

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Trending

Currency Converter

Amount

HEX

HEX

1 HEX = 0.001307 USD

Rate is for reference only. Updated

General Information

Contract Address

  • icon

    Ethereum

    0x2b591e99afe9f32eaa6214f7b7629768c40eeb39


  • icon

    Polygon

    0x23D29D30e35C5e8D321e1dc9A8a61BFD846D4C5C

HEX Price Statistics

HEX Price

$0.001307

24h high / 24h low

N/A

7d high / 7d low

N/A

30d high / 30d low

N/A

90d high / 90d low

N/A

All-time high / All-time low

N/A

Trending

Company

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