What is the current price of SmarDex (SDEX)?

The current price of SmarDex (SDEX) is 0.007112076705059813 AUD, representing a -0.05 from the day prior.

Can I buy SmarDex (SDEX) on Coinstash?

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

Where is the best place to buy SmarDex (SDEX) in Australia?

The best place to buy SmarDex (SDEX) 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 SmarDex (SDEX) 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 SmarDex (SDEX)?

The trading volume of SmarDex (SDEX) is 254.7K AUD in the last 24hrs, representing a -0.05 from the day prior.

How can I buy SmarDex (SDEX)?

SmarDex (SDEX) 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 SmarDex (SDEX)?

The current market cap of SmarDex (SDEX) is 64.5M AUD.

Can I convert SmarDex (SDEX) to cash?

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

How many SmarDex (SDEX) are there?

The current circulating supply of SmarDex (SDEX) is 9.1B.

Is Coinstash a safe place to buy SmarDex (SDEX) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling SmarDex (SDEX) 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 SmarDex (SDEX)

What is SmarDex?

SmarDex is a decentralised exchange (DEX) and automated market maker (AMM) platform that focuses on redefining how liquidity providers interact with crypto markets. It aims to address the common challenge of impermanent loss by utilising advanced Volatility Vaults with fictive reserves, potentially transforming impermanent losses into impermanent gains. It operates on several major blockchain networks, including Ethereum, Binance Smart Chain, Polygon, Arbitrum, and Base. SmarDex offers features such as low trading fees, staking, and farming, along with its native token, SDEX.

How does SmarDex work?

SmarDex functions as an Automated Market Maker (AMM) built on Ethereum Virtual Machine (EVM)-compatible blockchains. It uses a unique algorithm to manage fictive reserves, dynamically adjusting prices to minimise impermanent loss and, in some cases, convert it into impermanent gains. The platform involves advanced Volatility Vaults for managing liquidity and mitigating risks. SmarDex operates using open-source smart contracts written in Solidity, ensuring decentralised and secure operations across its supported blockchain environments.

What are the potential use cases for SmarDex?

SmarDex can be used as a decentralised exchange for peer-to-peer cryptocurrency trading, offering a platform that minimises impermanent loss risks for liquidity providers. It also supports staking and farming of its native token, SDEX, allowing users to earn rewards. The use cases extend into DeFi and NFT marketplaces due to its capabilities across multiple blockchain networks. Partnerships and collaborations with major digital finance firms further enhance its credibility and indicate real-world applications in decentralised finance sectors.

What is the history of SmarDex?

SmarDex was founded by Eric Rabl and Jean Rausis in Switzerland, leveraging their extensive experience in blockchain technology and financial innovation. Aiming to address impermanent loss in DeFi, the platform has integrated with multiple blockchain networks since its launch. Significant milestones include the introduction of USDN, a synthetic dollar, and partnerships with leading DeFi platforms and aggregators. SmarDex has seen technological advancements with features like Volatility Vaults and decentralised perpetual trading options. It has grown rapidly, securing a notable position among cryptocurrencies, while actively engaging a community around its features and developments.