MX Token (MX) Tokenomics
MX Token (MX) Information
MX TOKEN (MX) is a decentralized digital asset developed by the MEXC platform based on the Ethereum blockchain. As MEXC’s native token, its main purpose is to provide users with a safe and stable trading experience, and to become an industry leader. MX holders are entitled to a number of benefits at MEXC, such as rewards for holding MX, voting and receiving discounted subscriptions, and getting free airdrops for voting on new listings.
MX Token (MX) Tokenomics & Price Analysis
Explore key tokenomics and price data for MX Token (MX), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
In-Depth Token Structure of MX Token (MX)
Dive deeper into how MX tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.
Overview
MX Token (MX) is the native utility token of the MEXC exchange ecosystem. Its token economics are designed to incentivize participation, support ecosystem growth, and ensure long-term alignment among stakeholders. Below is a comprehensive breakdown of its token economics, including issuance, allocation, usage, incentives, locking, and unlocking mechanisms.
Issuance Mechanism
- Total Supply: The total supply of MX Token is fixed and capped, with no further increases planned.
- Issuance Model: MX Token was initially distributed through a combination of pre-distribution (private sales, team, foundation, marketing) and ongoing mining incentives (transaction mining).
Allocation Mechanism
| Allocation Category | Percentage of Total Supply | Description |
|---|---|---|
| Pre-distribution | 49% | Early supporters, strategic partners, team, foundation, private sales, marketing/operations |
| Transaction Mining | 51% | Daily incentives for users participating in transaction mining |
- Pre-distribution Breakdown:
- Early Supporters: 5%
- Strategic Partners: 4%
- Team and Platform: 12%
- Foundation: 18%
- Private Sales: 9%
- Marketing & Operations: 1%
- Transaction Mining: 51% of the total supply is released daily to incentivize user participation in the exchange ecosystem.
Usage and Incentive Mechanism
- Utility: MX Token is primarily used within the MEXC ecosystem for:
- Trading fee discounts
- Participation in token sales and launchpad events
- Staking and earning rewards
- Governance and voting on platform proposals
- Incentives: Users are rewarded with MX Tokens for trading activity (transaction mining), staking, and participating in ecosystem initiatives.
Locking Mechanism
- Pre-distribution Locking: Tokens allocated during pre-distribution are subject to a daily unlocking schedule, ensuring gradual release into circulation.
- Transaction Mining: Tokens earned through transaction mining are distributed daily, with no additional lock-up unless specified by the platform for specific campaigns or products.
Unlocking Time
| Allocation Category | Unlocking Schedule |
|---|---|
| Pre-distribution | Unlocked daily in proportion to transaction mining |
| Private Sale (10% of 9%) | Pre-released before the rest of pre-distribution |
| Transaction Mining | Distributed daily as users participate |
- Unlocking Ratio: The number of tokens distributed as part of pre-distribution (49% of total issuance) is unlocked daily according to the ratio of 49:51 (pre-distribution:transaction mining).
- Private Sale Pre-release: 10% of the private sale allocation (0.9% of total supply) is released prior to the rest of the pre-distribution tokens.
Summary Table
| Mechanism | Details |
|---|---|
| Issuance | Fixed supply, initial pre-distribution + ongoing transaction mining |
| Allocation | 49% pre-distribution, 51% transaction mining |
| Usage | Trading fee discounts, staking, governance, launchpad participation |
| Incentives | Transaction mining rewards, staking rewards, ecosystem participation |
| Locking | Pre-distribution tokens unlocked daily; transaction mining tokens distributed daily |
| Unlocking | Daily, proportional to 49:51 ratio; private sale pre-release for 10% of private sale pool |
Implications and Analysis
- Gradual Unlocking: The daily unlocking mechanism for pre-distribution tokens, tied to transaction mining, helps prevent sudden large inflows of tokens into the market, supporting price stability and long-term alignment.
- Ecosystem Growth: The majority allocation to transaction mining incentivizes active participation and liquidity provision, fostering a vibrant exchange ecosystem.
- Stakeholder Alignment: Vesting and gradual unlocking for team and early supporters ensure long-term commitment and reduce the risk of early sell-offs.
- Utility-Driven Demand: MX Token’s use for trading discounts, governance, and launchpad access creates ongoing demand and utility, supporting its value proposition.
Note: The above information is based on the most recent and comprehensive data available. For the latest updates or changes to MX Token’s tokenomics, always refer to official MEXC documentation and announcements.
MX Token (MX) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of MX Token (MX) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of MX tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many MX tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand MX's tokenomics, explore MX token's live price!
How to Buy MX
Interested in adding MX Token (MX) to your portfolio? MEXC supports various methods to buy MX, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
MX Token (MX) Price History
Analyzing the price history of MX helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
MX Price Prediction
Want to know where MX might be heading? Our MX price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
Why Should You Choose MEXC?
MEXC is one of the world's top crypto exchanges, trusted by millions of users globally. Whether you're a beginner or a pro, MEXC is your easiest way to crypto.
Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
