What is the current price of Dynex (DNX)?

The current price of Dynex (DNX) is 0.064436192160975 AUD, representing a -4.37 from the day prior.

Can I buy Dynex (DNX) on Coinstash?

Yes - you can easily buy and sell Dynex (DNX) on Coinstash. Simply login or sign up, to start buying Dynex (DNX) in minutes.

Where is the best place to buy Dynex (DNX) in Australia?

The best place to buy Dynex (DNX) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Dynex (DNX) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Dynex (DNX)?

The trading volume of Dynex (DNX) is 403.3K AUD in the last 24hrs, representing a -4.37 from the day prior.

How can I buy Dynex (DNX)?

Dynex (DNX) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Dynex (DNX)?

The current market cap of Dynex (DNX) is 6.5M AUD.

Can I convert Dynex (DNX) to cash?

Yes - With Coinstash you can convert your Dynex (DNX) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Dynex (DNX) are there?

The current circulating supply of Dynex (DNX) is 101.5M.

Is Coinstash a safe place to buy Dynex (DNX) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Dynex (DNX) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Dynex (DNX)

What is Dynex?

Dynex is a fast-evolving platform for neuromorphic computing, utilizing a flexible blockchain protocol. It forms a decentralized neuromorphic supercomputing network that can perform computations with speed and efficiency surpassing traditional and quantum computing systems.

How does Dynex work?

Dynex operates on a decentralized network using its unique consensus mechanism, Proof-of-Useful-Work (PoUW). This mechanism involves a proprietary algorithm called DynexSolve, which combines traditional Proof-of-Work (PoW) with useful problem-solving capabilities. The system transforms regular GPUs into simulated neuromorphic computing chips, enabling highly efficient computations. Smart contracts on the Binance Smart Chain integrate with Dynex, offering further functionalities.

What are the potential use cases for Dynex?

Dynex supports applications across diverse industries, including:

Artificial Intelligence and Machine Learning: Enhancing AI and machine learning through efficient pre-training and federated learning.
Healthcare: Optimizing drug discovery and medical research.
Environmental Sustainability: Implemented in projects to optimize energy consumption.
Telecommunications: Improving network efficiency through optimized antenna positioning.
Architecture and Design: Enhancing innovations using quantum computing capabilities.

What is the history of Dynex?

Dynex originated from a vision to create a neuromorphic chip addressing Moore's Law limitations. Initiated by founder Sumitomo and a 70-member team, it evolved into a decentralized platform to mitigate crypto-mining's energy wastage. Key milestones include research phases between 2020-2021, its mainnet launch in September 2022, and subsequent developments such as wallet releases. Its technology has transitioned from chip creation to a blockchain-based supercomputing solution, gaining market presence through strategic partnerships.