MDEX forges ahead with determination on its 2nd Birthday

Hong Kong, China--(Newsfile Corp. - January 20, 2023) - Looking back to 2022, the crypto world has been thrown into turmoil. The crypto industry has evolved and iterated at a rapid pace in the unpredictable year of 2022, presenting us with a difficult test to answer as market participants. From GameFi and Metaverse to Layer2, Web 3, each word represents the pinnacle of speed while also demonstrating the industry's ultimate innovative charm. During these turbulent times, MDEX has accepted and embraced the challenges while consistently working on our product functions, perfecting technical solutions, increasing brand value, and improving service quality.

To start off, MDEX actively connected with many GameFi projects in 2022 to provide strong support for its incubated NFT marketplace. Aside from that, MDEX has participated in a variety of activities in collaboration with Binance, OKX, Coinmarketcap (CMC), and other industry leaders. MDEX sponsored the Binance BBW Paris Conference 2022, the World Blockchain Summit-Dubai 2022, the Nexttype X Huobi Tech Metaverse Hackathon partner, and other well-known global blockchain conferences both online and offline. Furthermore, MDEX has worked on over 74 great projects this year, with a total TVL of more than $600 million and a cumulative annual transaction volume of more than $460 billion. As of now, it has more than 1.3 million users, as well as more than 330,000 MDX holders and the annual buyback and destruction of MDX and xMDX has reached 43 million.

MDEX adheres to its original mission and vision by working on a long-term strategy without making radical leaps forward. In particular. MDEX have made significant efforts to resolve issues encountered during trading procedures, liquidity issues, slippage issues, and interactive conflicts among our users. At the same time, MDEX have also launched a new function like perpetual trading. In the midst of this difficult times, we even become a better version of ourselves in terms of products and services.

In terms of brand value, MDEX was highlighted by well-known foreign media agencies, as well as a number of key influencers. In the long-term development strategy, MDEX aims to create a new full-scale coverage, full-ecological deployment, and full-chain connectivity business ecosystem. In the new year, the crypto market is in the transformation stage of the digital space, and the new era of Web 3.0 is full of opportunities and challenges. MDEX will continue to seek out global potential developers and build a multi-integrated value ecosystem.

MDEX aspires to multi-chain development, creating a complex ecology that can adapt to more users. They also plan to enhance automatic market maker (AMM) capabilities, continue to develop AMM technology, and investigate scalable solutions to maximize capital efficiency and allow liquidity Furthermore, they plan to rebuild the order book's functional and technical structure to improve transaction efficiency.

For more information on MDEX, you can reach out via the following channels:

Twitter: https://twitter.com/Mdextech?s=20&t=5Me8eRoIb2RdCEOsOBurZw
Website: https://mdex.com/
Telegram: https://t.me/MdexEN

Media Contact:
Name: Trista Hou
Company: Mdex
Position: Mdex Marketing Manager
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151996