What is CyberDEX (CYDX)

Start learning about what is CyberDEX through guides, tokenomics, trading information, and more.
CyberDEX is a decentralised perpetual swaps trading platform functioning on Optimism. The exchange is powered by Synthetix which - by its unique model - allows traders to tap into huge liquidity pools and carry out trades with minimum slippage and market impact.
This is done by leveraging Synthetix debt pool (a massive pool of liquidity) that ensures execution in size at the closest price level to the order with minimal impact to the markets traded. This model is sustained by the liquid and immutable stablecoin, sUSD, which is quoted against the tradable synthetic assets with their prices matching the underlying assets using decentralised data oracles such as “Chainlink” and “Pyth”.
Tokenomics describes the economic model of CyberDEX (CYDX), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
CyberDEX TokenomicsPro Tip: Understanding CYDX's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Building on tokenomics and past performance, price predictions for CYDX aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of CYDX? Check it out now!
CyberDEX Price PredictionThe information on this page regarding CyberDEX (CYDX) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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