What is the project about?
BMX by Morphex is a spot and margin DEX on Base, focusing on capital efficiency for liquidity providers.
What makes your project unique?
Our leading product, wBLT, is an auto-compounding wrapper for BLT - BMX Liquidity Token, or the market-making liquidity for the platform. With wBLT, users are able to open up new opportunities, such as LPing with our governance token BMX for further rewards or using it as collateral to borrow against.
History of your project.
Originally launched as Morpheus Swap in 2021 on Fantom, the protocol has evolved into a DEX that offers spot and margin trading on 3 different chains, with BMX also having unique features in tokenomics.
What’s next for your project?
Scaling users and liquidity on Base, as well as increasing adoption of wBLT through external integrations.
What can your token be used for?
BMX can be used for governance and to receive rewards through the BMX-wBLT LP.
Where is BMX available for purchase?
You can exchange BMX tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading BMX is Aerodrome (Base), notably the BMX/WBLT pair, which saw a trading volume of $ 15,815.92 in the past day. Additionally, Velocimeter (Base) and Velodrome Finance V2 (Mode) are popular alternatives for trading tokens.
What is the highest value BMX (BMX) has ever reached?
BMX (BMX) reached its peak price at 15.37 $ on 27 December 2024, approximately 8 months ago ago. Presently, the current price is -53.09% lower than this all-time high.
What is the historical minimum price for BMX (BMX)?
The minimum price reached for BMX (BMX) was 0.2603 $, documented on 15 September 2023, more than 2 years ago. In comparison, the current price is 2,669.34%, it above this historical low.
What is the fully diluted valuation of BMX (BMX)?
The fully diluted valuation (FDV) of BMX (BMX) stands at $ 20,91 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 10,000,000 BMX tokens. The realization of this FDV might take several years depending on the emission schedule of BMX tokens.