## What Is Adrena (ADX)?
Adrena is a decentralized, open source, peer-to-pool spot and perpetual exchange built on Solana with low swap fees and low price impact trades.
The dapp is permissionless, meaning anyone can trade directly from their own wallet unlike most perp dexs which require you to create an account and deposit assets.
Trading is supported by a multi-asset pool that earns liquidity providers fees from lending to traders, swap fees, and additonal token incentives.
The application is supported by a 2-token model; $ADX (governance token) and $ALP (LP token). $ADX gives users voting rights to control the platform through the Adrena DAO. $ADX also participates in 20% revenue share of the platform. $ALP is the representation of the multi-asset pool and earns 70% of the platform revenue.
Where is Adrena available for purchase?
You can exchange ADX tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Adrena is Raydium, notably the ADX/SOL pair, which saw a trading volume of $ 3,127.81 in the past day. Additionally, Meteora and Raydium (CLMM) are popular alternatives for trading tokens.
What is the highest value Adrena (ADX) has ever reached?
Adrena (ADX) reached its peak price at 0.2348 $ on 09 November 2024, approximately 8 months ago ago. Presently, the current price is -89.78% lower than this all-time high.
What is the historical minimum price for Adrena (ADX)?
The minimum price reached for Adrena (ADX) was 0.01215 $, documented on 11 March 2025, more than 4 months ago. In comparison, the current price is 97.3%, it above this historical low.
What is the fully diluted valuation of Adrena (ADX)?
The fully diluted valuation (FDV) of Adrena (ADX) stands at $ 6,70 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 ADX tokens. The realization of this FDV might take several years depending on the emission schedule of ADX tokens.