IDEX is the governance/utility token of the IDEX decentralized exchange (DEX) — a hybrid order‑book DEX combining on‑chain settlement with fast off‑chain matching.
It currently trades around $0.0072–$0.0076 USD (৳0.91 BDT), a steep fall (over ~99% down) from its all‑time high near ~$0.97, reflecting multi‑year declines.
Price action has been bearish to sideways, with the token below key averages and weak momentum as sellers dominate and liquidity remains thin.
A major short‑term headwind came when Binance added IDEX to a Monitoring Tag (risk flag), increasing trading friction and selling pressure.
Recent platform improvements (e.g., SDK tools, XCHAIN integration) aim to boost trading and developer activity, but fresh catalysts are limited.
Overall, IDEX remains a speculative DEX token, sensitive to exchange sentiment and broader market flows rather than strong fundamentals.
@IDEX $IDEX #IDEXToken #idex