What is the project about?
BMX by Morphex is an emerging decentralized exchange on Base, offering spot and perpetual futures trading while requiring only a wallet connection to trade.
What makes your project unique?
With unique tokenomics, BMX is able to create a strong "flywheel" effect for liquidity providers to further attract more liquidity for traders.
History of your project.
BMX is a perpetual DEX created by Morphex and deployed on Base. The Morphex team has been working on the original protocol on Fantom since September 2021.
What’s next for your project?
We aim to become the leading perpetual DEX on Base while also displaying our innovative tokenomics that improve capital efficiency for token holders and liquidity providers.
What can your token be used for?
Wrapped BLT is the auto-compounding wrapper for BLT, which is an index of blue-chip crypto assets that earns fees from spot and margin trading. With wBLT, you can provide liquidity for BMX-wBLT to earn more rewards.
Where is Wrapped BMX Liquidity Token available for purchase?
You can exchange WBLT tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Wrapped BMX Liquidity Token is Aerodrome (Base), notably the WBLT/WBLT pair, which saw a trading volume of $ 71,804 in the past day. Additionally, Aerodrome SlipStream and Velocimeter (Base) are popular alternatives for trading tokens.
What is the highest value Wrapped BMX Liquidity Token (WBLT) has ever reached?
Wrapped BMX Liquidity Token (WBLT) reached its peak price at 2.08 $ on 24 July 2024, approximately a year ago ago. Presently, the current price is -38.94% lower than this all-time high.
What is the historical minimum price for Wrapped BMX Liquidity Token (WBLT)?
The minimum price reached for Wrapped BMX Liquidity Token (WBLT) was 0.7192 $, documented on 24 July 2024, more than a year ago. In comparison, the current price is 76.58%, it above this historical low.
What is the fully diluted valuation of Wrapped BMX Liquidity Token (WBLT)?
The fully diluted valuation (FDV) of Wrapped BMX Liquidity Token (WBLT) stands at $ 787,023. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of WBLT tokens. The realization of this FDV might take several years depending on the emission schedule of WBLT tokens.